Tagged: international payments

November 2, 2023 @ 11:20 am By Omar Faridi  |  

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

October 25, 2023 @ 9:57 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, announced a new global survey that revealed surging demand for cloud-based financial services “with more than 80 per cent of SMBs looking to switch away from traditional banks for their payment needs.” The report, jointly… Read More

October 22, 2023 @ 6:42 pm By Omar Faridi  |  

Nium, the real-time global payments provider, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, “building on rising demand for its virtual card solution offering globally.” Travel intermediaries and operators use Nium’s virtual card solution “to efficiently pay suppliers around the… Read More

October 20, 2023 @ 7:11 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject “to regulatory approvals and customary closing… Read More

October 15, 2023 @ 6:19 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, announced its partnership with Alpaca, a developer-first API brokerage platform, to support Alpaca’s global payments and foreign exchange (FX) needs. The announcement comes on the heels of several recent Airwallex wins “in the wealthtech category,… Read More

October 8, 2023 @ 2:47 pm By Omar Faridi  |  

Gemba Finance, a provider of innovative banking and financial management solutions, and ThetaRay, the firm focused on next-generation AI-powered trusted global payments, announced the implementation of ThetaRay’s AI-powered transaction monitoring technology, SONAR, in order “to power Gemba’s growth, while reducing regulatory exposure which frequently hampers… Read More

October 3, 2023 @ 8:17 am By Omar Faridi  |  

Visa (NYSE: V), a global firm focused on payments, announced a new $100 million generative AI ventures initiative in order “to invest in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.”… Read More

September 28, 2023 @ 9:08 am By Omar Faridi  |  

One year after the launch of its Spanish office, iBanFirst, the European alternative for international payments with 13 offices in 10 countries, has “appointed Luis Miguel García de Águeda as the country manager for Spain, marking an important milestone in the company’s operations on the… Read More

September 21, 2023 @ 11:00 am By Omar Faridi  |  

Currencies Direct, an international payments provider, has partnered with Transact Payments, the firm focused on cards and payments. The partnership has enabled Currencies Direct “to launch a multi-currency debit card, giving customers the ability to spend seamlessly in over 200 countries (wherever Mastercard is accepted).”… Read More

September 13, 2023 @ 4:57 pm By Omar Faridi  |  

Checkout.com, the global payments provider, releases its latest research on the disparities in payment performance in the digital economy. The ‘High-Performance Payments: The hidden billion-dollar opportunity’ whitepaper, supported by research from Oxford Economics, finds “that US businesses lose, on average, 2.1% of global revenues due… Read More

September 9, 2023 @ 10:44 pm By Omar Faridi  |  

WorldFirst, a “one-stop” global payment and financial services platform for SMEs engaged in cross-border trade, reported that international SME buyers have increasingly “adopted the WorldFirst Cross-border Pay solution for 1688, one of China’s top wholesale marketplaces, as SMEs worldwide seek cost-effective sourcing options to stay… Read More

September 6, 2023 @ 10:37 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups”, a business readiness campaign “exclusively for Hong Kong entrepreneurs to support their global growth ambitions.” With the support of Hong Kong flagship incubators, and in collaboration with… Read More

September 5, 2023 @ 9:13 am By Omar Faridi  |  

Clear Junction, the global cross-border payments solution provider, has announced it has been granted ISO 27001 certification, the highest global standard that corporates can achieve for information security. With this globally trusted stamp of approval, Clear Junction assures clients and their customers that their transaction… Read More

September 3, 2023 @ 8:05 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced its expanded partnership with Australian home-grown healthy burger brand Grill’d, “to enhance the brand’s customer experience by optimizing its payments strategy, developing a frictionless omnichannel experience for customers,… Read More

September 1, 2023 @ 12:45 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Public, a U.S.-based multi-asset investing platform, to minimise conversion costs for UK investors when purchasing U.S.-based equities on the Public app. The news comes on the heels of Public’s entry… Read More

August 30, 2023 @ 8:51 pm By Omar Faridi  |  

Currencycloud, which claims to be the experts in simplifying business in a multi-currency world, has partnered with South Korea-based cross-border payment company MOIN in order to expand its global coverage “while delivering faster processing times, lower transaction costs, and enhanced security measures to its customers… Read More

August 30, 2023 @ 8:37 pm By Omar Faridi  |  

Trustly, a global payment method, today announces that it is joining forces with SlimPay, a European firm focused on recurring payments, to set “a new standard in recurring payments for merchants and consumers across Europe and the UK.” SlimPay’s platform combined with Trustly’s proprietary technology… Read More

August 29, 2023 @ 4:57 pm By Omar Faridi  |  

Justworks, the technology company leveling the playing field for small businesses, is announcing an International Contractor Payments solution “to help small businesses attract and retain contractors outside of the U.S, furthering its mission to help fuel small businesses’ growth.” With these new international capabilities: All… Read More

August 21, 2023 @ 10:25 pm By Omar Faridi  |  

In order to make it possible for companies from all over the world to connect with Latin America to do business, Bitso —the financial services company powered by crypto in Latin America, with more than 1,500 institutional clients globally— announced “that it is expanding its… Read More

August 19, 2023 @ 6:55 pm By Omar Faridi  |  

Ecommpay, an international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America. Additionally, Ecommpay will offer protection “from fraud-related chargebacks to ensure merchants do… Read More