Tagged: international payments

HR Platform Remote Selects Nium to Drive International Payroll

Remote, the human resources platform for distributed companies, has selected Nium, a provider of real-time cross-border payments, to enhance its international payroll capabilities. The partnership will be launched globally. As more businesses look at new markets to power growth, the ability to hire and scale… Read More

NPCI International Payments and Central Reserve Bank of Peru to Enable UPI-like Real-Time Transactions

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership to enable the deployment of a UPI-like real-time payments system in Peru. This collaboration marks a significant milestone, “making Peru the first country in South America to adopt… Read More

Global Payments Fintech Adyen Tapped By Cotti Coffee for Overseas Business Expansion

Adyen (AMS: ADYEN), the financial technology platform of “choice” for companies, announces a partnership with Cotti Coffee for their global expansion, bringing their brews to customers in Canada, Australia, Japan, Singapore, and their newest market – the United Arab Emirates. The coffee chain, which is… Read More

Global Payments Fintech Airwallex Teams Up with Bird to Enable Cross-Border Transfers

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Bird (formerly MessageBird), a global communication platform, to power Bird’s international payments operations. Powering Bird’s global payments infrastructure Bird’s platform, applications and APIs help 29,000+ businesses “to streamline conversations and… Read More

Hong Kong’s Mox Bank and Wise Platform to Introduce Low-Cost and Transparent Global Payments

Mox has partnered with Wise Platform in order to launch low-cost and transparent international payments. Wise (LSE:WISE) confirmed in a blog post that it is launching its new collaboration with Mox Bank Limited, a virtual bank in Hong Kong. With this integration, Mox customers can… Read More

UK Fintech Accomplish Financial and IDEX to Introduce Biometric Cards for Payment Accessibility

IDEX Biometrics and Accomplish Financial, an international payment solution provider, are bringing to market a biometric payment program to help the visually- and memory impaired. The program will first launch in the UK, “where a global fintech will bring to market an accessible payment solution… Read More

Digital Finance for All Initiative Introduced by Visa and GSMA Mobile for Development Foundation

Visa (NYSE: V), a global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, “furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere.” This five-year initiative… Read More

Fintech Klarna Enters Subscription Market with Launch of Klarna Plus in the United States

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More

Global Payments Fintech BlinkSky Secures Funding, Shares Key Updates

This past year marked significant milestones for BlinkSky, a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale. Among its most recent accomplishments, BlinkSky raised $1.5M in its initial private round, with investment participation from industry luminaries, “including former c-suite… Read More

iBanFirst, a Global Payments Provider, Releases Study Identifying Reasons for Firms to Expand Operations Across Europe

Central and Eastern Europe (CEE) is set to become the next “great place” to invest in as Western European businesses “seek new places to nearshore, offshore, or get access to growing consumer markets,” according to an update from iBanFirst. iBanFirst, a global provider of foreign… Read More

International Money Transfer Fintech Atlantic Money Uncovers Unnecessary Extra Costs Consumers Pay to Acquire Items

International money transfer provider, Atlantic Money, has compared purchase prices in various random samples across currencies and borders, “uncovering unnecessary extra costs consumers often unwittingly pay.” Focusing on luxury items to demonstrate the impact, Atlantic Money has reportedly “analyzed the same listings for pound and… Read More

Fintech Remitly and Visa Extend Cross-Border Funds Transfer Collaboration

Remitly is pleased to announce an expanded five-year collaboration with Visa aimed at streamlining global money movement for Remitly customers and building on the company’s initial integration of Visa Direct. Through our extended collaboration, Remitly customers “in more than 15 countries, including the U.S., Canada,… Read More

Cross-Border Payments Represent One-Sixth of All Transaction Values Globally, Estimated to Increase to $250T+ in Value by 2027 – Report

Cross-border payments are financial transactions where the accounts of the payor and payee are based in different countries, the Payments Canada team explains. Cross-border payments are typically “more complex than domestic payments as they involve different national legal and regulatory frameworks, more than one currency,… Read More

Global Fintech Klarna Expands Growth Tools for Clients via Rollout of Digital Products

Klarna, the AI-powered global payments network and shopping assistant, announced the expansion of its growth tools for retailers and creators to help them engage with their audiences in more effective ways and enhance the shopping experience for consumers. With a mission to accelerate commerce, Klarna’s… Read More

Fintech Wise Temporarily Paused Onboarding New Business Clients Across UK, Europe Due to “High Demand”

Wise (LSE:WISE) has reportedly been forced to place a freeze on onboarding new business clients across the United Kingdom and Europe because of “high demand” for services. This latest update comes after the Fintech firm had “deactivated” all US business cards this past week. Wise,… Read More

Fintechs Ecommpay and GoCardless to Add Direct Debit Capabilities to Payment Methods

Bank payment company GoCardless and international payment service provider and UK & Europe direct bank card acquirer Ecommpay have announced a partnership which will see the latter add bank debit to strengthen its payment offering. Thanks to GoCardless Embed, “a white-label integration, Ecommpay merchants will… Read More

Primer, the Infrastructure for Payments and Commerce, Secures Investment from Tencent

Primer, the unified infrastructure for global payments and commerce, has secured investment from the internet company Tencent. Primer claims that it has experienced rapid growth “across Europe, Asia Pacific and the US markets including significant customer wins across retail, fashion, travel and mobility industries with… Read More

Real-Time Payments Fintech Volt Welcomes Matt Henderson as Special Advisor

Volt, the global real-time payments platform, recently announced that Matt Henderson, former CEO of Stripe Europe, ex-Google, ex-Amazon, has now “joined as a Special Advisor to the Board.” Henderson reportedly joins Volt at a critical inflection point “for the company, following the successful completion of… Read More

Visa Payments Learning Initiative to Upskill Employees, Students, Clients

Visa (NYSE: V), a global payments technology company, announced the launch of the Visa Payments Learning Program designed to upskill employees, students, clients and military talent through training courses and certifications to support a sustainable and diverse talent pipeline. The initial focus of this program… Read More

Cross-Border Payments Report: Consumers Continue to Seek Streamlined Remittances Experiences

Mastercard’s (NYSE: MA) new borderless payments report reveals consumers globally are setting up side hustles and considering working or living abroad, prompting the acceleration of cross-border payments. Small businesses are also increasingly “reliant on international payment networks with three in five sourcing more suppliers internationally… Read More

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