Articles with tag: cross border payment

Found 43 results in 185 milliseconds.

1 in 4 Canadian businesses struggle with cashflow

14 Oct 2020 | Online Payments

Payments Canada has released survey results from Canadian small business owners revealing that 1 in 4 Canadian businesses struggle with cashflow.

cross border payments, cheque, cash, cashflow, gig workers, risk management, payments

Ripple launches Line of Credit to fund instant cross-border payments

09 Oct 2020 | Cryptocurrencies

Ripple has launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on demand to initiate cross-border payments at scale using the digital asset XRP.

XRP, RippleNet, cross-border money transfers, cross border payments, Ripple, ODL, credit, loan, DLT, SMEs, Line of Credit

Currensea launches SME card based on Open Banking initiative

05 Oct 2020 | Cards

UK-based fintech Currensea has launched an Open Banking debit card which enables SMEs to make international transactions through their existing bank account without charges.

Currensea, SME, payments, international transactions, open banking, cards, cross border payments, UK, fintech

Spanish Neo-bank Bnext selects Rapyd for LATAM expansion

01 Oct 2020 | Online & Mobile Banking

Rapyd, a global Fintech as a Service company, has teamed up with Bnext, a Spain-based mobile neo-bank for cash collection, with plans to expand services across Latin America.

Bnext, fintech, payment method, Rapyd, cross border payments, transactions, partnership, LATAM expansion, bank account, neobank, mobile banking

Nium, Volopay to support business spending through corporate card issuance

29 Sep 2020 | Payments General

Global fintech infrastructure platform Nium has teamed up with Volopay, a Singapore-based fintech startup, to boost corporate card issuance experience for companies.

fintech, corporate cards, cashbacks, FX transactions, cross border payments, Nium, B2B, partnership, Volopay

Hong Kong Monetary Authority selects ConsenSys for CBDC project

28 Sep 2020 | Cryptocurrencies

The Hong Kong Monetary Authority (HKMA) has selected ConsenSys, a US-based blockchain company, to develop a central bank digital currency (CBDC) project.

Hong Kong Monetary Authority, HKMA, ConsenSys, blockchain, CBDC, central bank digital currency, cross border payments, Singapore

Standard Chartered completes live transaction on blockchain trading platform Trusple

25 Sep 2020 | Cryptocurrencies

Standard Chartered has successfully completed a cross border live transaction on blockchain enabled trading platform Trusple.

Standard Chartered, cross border payments, trading platform, blockchain, AntChain, international banking, SMEs

US-based Flywire, Mastercard partner for cross-border tuition payments

17 Sep 2020 | Payments General

Vertical payments company Flywire has partnered with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard. 

Flywire, Mastercard, cross border payments, tuition payments, foreign exchange, FX, vertical payments, international payments, international students, UAE, Saudi Arabia, Qatar, Kuwait, Kenya, Ghana, preferred payment method, international tuition, local currencies, credit cards, debit cards

B2B crypto payments provider Mercuryo.Io raises EUR 2.5 mln from Target Global

07 Sep 2020 | Cryptocurrencies

Mercuryo.io, an Estonia-based startup that offers cryptocurrency payment processing solutions, has closed a EUR 2.5 million seed funding led by Target Global.

B2B payment, cryptocurrency, cryptocurrency payment provider, Estonia, funding, cross border payments, Mercuryo.io, Target Global

European asset servicing company selects FIS for cross-border payment standardisation

03 Sep 2020 | Payments General

Financial technology provider FIS has signed a long-term agreement with CACEIS, jointly owned by Credit Agricole and Santander, to provide the asset servicing company with payment solutions.

FIS, assets, cross border payments, ISO 20022, real-time payments, SEPA Credit Transfer, Direct Debit, Instant Payments, SWIFT gpi

Nick Ogden, Microsoft launch new network for cross-border payments

03 Sep 2020 | Payments General

RTGS Global, a global cross-border liquidity network, together with Microsoft have developed a new system which enables banks to gain visibility of liquidity between their counterparties.

cross border payments, WorldPay, ClearBank, RTGS Global, Microsoft, vostro, nostro, Nick Ogden, fintech, central banks, correspondent banking, settlement, reconciliation

Alpha Bank selects Cambrist for compliance solutions

02 Sep 2020 | Digital Identity, Security & Online Fraud

Cambrist, an Ireland-based fintech company, has launched its fxNOTIFY compliance solution with Alpha Bank in Greece.

Cambrist, fxNOTIFY, Alpha Bank, retail banking, SMEs, corporate banking, asset management, private banking, insurance products, investment banking, brokerage, cross border payments, compliance, Greece

Contis selects Currencycloud to bring international payments to 1 mln account holders

26 Aug 2020 | Payments General

Contis, a European payments provider, has partnered with Currencycloud, a global provider of B2B embedded cross-border solutions, to make international payments available for over 1 million accounts.

Contis, Currencycloud, international payments, payments, forex exchange, cross border payments, partnership, B2B payments

Nium expands presence in Latin America through partnership with Teledolar

25 Aug 2020 | Payments General

Global fintech platform Nium has teamed up with Costa Rica-based fintech platform Teledolar.

Nium, Visa, remittances, cross border payments, corporate payments, payments platform, money transfers, mobile payments, LATAM, Teledolar

Radius Bank selects Currencycloud for cross-border payments

24 Aug 2020 | Payments General

Radius Bank, a US-based online bank, has selected Currencycloud, a B2B cross-border payments provider, to offer its clients the ability to send money to more than 180 countries.

Radius Bank, online banking, fintech, cross border payments, online payments, FX, partnership, B2B payments, Currencycloud

InstaReM, SBM Bank India tie-up to support outbound remittance experience

03 Aug 2020 | Payments General

InstaReM, the consumer and SME brand under global fintech platform Nium has partnered with SBM Bank India to support Outbound Remittances from India.

InstaReM, payments, cross border payments, remittances, partnership, India, SBM Bank India, Nium

TransferWise valuation jumps to USD 5 bln in USD 319 mln secondary share sale

29 Jul 2020 | Payments General

TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.

neobanks, Monzo, N26, bunq, TransferWise for Banks API, TransferWise, payments, SMEs, bank account, money transfers, cross border payments, shares, valuation

Mastercard, Bank of Shanghai to support cross-border business payments

29 Jul 2020 | Payments General

Mastercard and Bank of Shanghai have partnered to support businesses across the globe to send payments to China via Cross-Border Services.

Mastercard, Bank of Shanghai, cross border payment, online payments, mobile payments, China, cards, bank accounts, digital wallets, cards, Cross-Border Services

Mastercard supports remitters in MENA region with Cross-Border Services

14 Jul 2020 | Payments General

Mastercard has rolled out Mastercard Cross-Border Services to enable people in the Middle East and North Africa (MENA) region to transfer money amid COVID-19 times.

banks, fintechs, mobile network operators, exchange, remittances, cross border payments, MENA, Mastercard

A new maximum amount for the SEPA Instant Credit Transfer (STC Inst) scheme is live

01 Jul 2020 | Payments General

The new maximum amount for the SEPA Instant Credit Transfer (STC Inst) scheme has come into effect on July 1, 2020.

cross border payments, higher value payments, Europe, SEPA Instant Credit Transfer, STC Inst, payments