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Tencent invests in Easy Transfer

News | Online Payments | 14 Jan 2022

China-based technology company Tencent has financed Easy Transfer, a startup that augments tuition payments for overseas Chinese students.

remittance, cross-border payments, investment, startup, online payments

Monneo launches multi-currency IBAN accounts

News | Ecommerce | 13 Jan 2022

UK-based virtual IBAN and merchant account provider Monneo has announced the launch of its multi-currency IBAN accounts. 

IBAN, cryptocurrency, ecommerce, cross-border ecommerce, cross-border payments, online shopping, merchant

Thunes expands into China

News | Online Payments | 13 Jan 2022

Singapore-based cross-border payments provider Thunes has announced plans to expand its operations in China, Hong Kong, Taiwan, and Macau.

Thunes, expansion, cross-border payments, online payments, ecommerce

Airwallex launches international payment services in Singapore

News | Online Payments | 13 Jan 2022

Australia-based fintech Airwallex has announced its official launch in Singapore after receiving its grant of a Major Payment Institution license by the Monetary Authority of Singapore.

Airwallex, Monetary Authority of Singapore (MAS), product launch, expansion, cross-border payments, online payments, money transfer

European Commission fights against misuse of shell entities

News | Payments General | 12 Jan 2022

The European Commission has presented a new initiative to fight fake shell entities for improper tax purposes.

European Commission, regulation, transaction monitoring, Open Data Economy, tax evasion , cross-border ecommerce, cross-border payments

Tranglo goes live in Hong Kong

News | Online Payments | 12 Jan 2022

Cross-border payments company Tranglo has added Hong Kong on its list of countries where it will conduct business, allowing near real-time payouts.

expansion, regulation, cross-border payments, online payments, money transfer, transactions , online platform

Smiles partners with MoneyGram for international money transfers

News | Mobile Payments | 12 Jan 2022

Japan-based fintech Smiles has tapped MoneyGram’s global payment rails to send money to more than 200 countries and territories.

partnership, cross-border payments, money transfer, money remittance, fintech

Thunes signs collaboration agreement with World Economic Forum

News | Online Payments | 12 Jan 2022

Cross-border payments provider Thunes has announced it will collaborate with the World Economic Forum (WEF) as part of WEF’s initiative for the Future of Trade and Global Economic Interdependence. 

Thunes, Open Data Economy, partnership, financial inclusion, online payments, cross-border payments

Five key fintech trends to watch in 2022

Voice of the Industry | Online Payments | 12 Jan 2022

Fintechs and banks are in a race to innovate, but with the emergence of new technologies, banks have to adapt to current trends. Abdul Naushad, the CEO of Buckzy Payments has identified five core fintech trends to watch further 

fintech , online banking, cross-border payments, real-time payments

Digital River and VTEX partner for global expansion

News | Ecommerce | 12 Jan 2022

US-based global commerce enabler Digital River has teamed with ecommerce platform VTEX and created an integrated solution for cross-border selling.

Digital River, ecommerce, partnership, product upgrade, cross-border ecommerce, cross-border payments

CellPoint Digital secures USD 25 mln investment for global expansion

News | Payments General | 05 Jan 2022

UK-based fintech CellPoint Digital has received an investment worth USD 25 million from Toscafund and its private equity arm, Penta Capital, to penetrate new market verticals.

investment, expansion, fintech , payment processing, payment methods, cross-border payments

Wallyt and All Link Pay to launch cross-border payments platform

News | Online Payments | 03 Jan 2022

Wallyt has partnered with All Link Pay to allow global business and cross-border ecommerce merchants to collect funds and send payouts around the world.

Wallyt, partnership, cross-border payments, ecommerce, digitalisation

Fino Payments Bank receives RBI approval for international remittance business

News | Payments General | 03 Jan 2022

Fino Payments Bank has received approval from Reserve Bank of India (RBI) for starting international remittance business under the money transfer service scheme (MTSS).

banks, remittance, product upgrade, cross-border payments, merchant

Visa launches 'Meet Visa' campaign in Hong Kong

News | Payments General | 23 Dec 2021

Visa (V) has unveiled its new campaign ‘Meet Visa’ in Hong Kong that underlines the capabilities of its network, as per nasdaq.

Visa, investment, digitalisation, product upgrade, cross-border payments, fraud prevention

SETL to take part in asset tokenisation pilot with SWIFT

News | Payments General | 23 Dec 2021

SETL has announced that it will be working with SWIFT on an innovation pilot, as the cooperative explores how it can support interoperability in the development of the tokenised asset market.

blockchain, cross-border payments, CBDC, digital assets

Axletree teams with Roxe for international blockchain payments

News | Online Payments | 22 Dec 2021

Axletree and Roxe have partnered to deliver cross-border payments with blockchain technology, making use of the former’s marketplace and Roxe’s Instant Settlement Network.

cross-border payments, blockchain, remittance, instant payments, instant settlement, cryptocurrency

LianLian Global and Netcetera team up to secure payments globally

News | Digital Identity, Security & Online Fraud | 22 Dec 2021

LianLian Global, a cross-border payments company has partnered Netcetera, a payment security software company, to work on securing global online transactions. 

Netcetera, partnership, 3-D Secure, cross-border payments

Remittances through digital payments are preferred in the US, Visa study finds

News | Online Payments | 21 Dec 2021

Visa has released a new study, showing that consumers are increasingly turning to digital payments to send money around the world.

Visa, digital payments, remittances, money transfer, online payments, cross-border payments

Taptap Send raises USD 65 mln Series B to expand cross-border fintech platform

News | Payments General | 21 Dec 2021

Taptap Send, a community-focused cross-border financial platform, has announced a USD 65 million Series B funding round.

cross-border payments, fintech

Cross-border Confirmation of Payee solution launched

News | Payments General | 17 Dec 2021

SurePay, SEPAMail.eu and StreamMind have announced the launch of the first cross-border IBAN Check/Confirmation of Payee solution.

cross-border payments, fraud prevention