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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
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
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
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
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
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
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
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
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
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
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 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 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 (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 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 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
Netcetera, partnership, 3-D Secure, cross-border payments
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, a community-focused cross-border financial platform, has announced a USD 65 million Series B funding round.
cross-border payments, fintech
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