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The African Export-Import Bank (Afreximbank) has collaborated with Sterling Bank to introduce a new supply chain finance product 'Payables Finance' in Nigeria.
partnership, digital payments, KYC, trade finance
Diana Lupuleac, Content Editor at The Paypers, shares insights into the history of cross-border payments, how they are made today, and current initiatives aimed to tackle their pain points.
cross-border payments, ecommerce, online shopping, shopping, money transfer, blockchain, real-time payments, CBDC, Open Banking, marketplace, B2B payments, B2B2B2C, ACH, SWIFT
UAE-based digital wallet Hubpay has launched its Digital Global Currency Account to support international finance operations.
product launch, cross-border payments, digital wallet, fintech
Naveen Mallela, Managing Director at JP Morgan Chase, delves into the future of money and cross-border payments, stressing out the importance of tokenized deposits, stablecoins, and CBDCs.
stablecoin, CBDC, cross-border payments, instant settlement, B2B payments, DeFi
Richard Turrin, Author of ‘Cashless’, reveals the true potential of e-CNY that goes beyond retail payments and insights into ways of breaking the dollar monopoly on oil trade.
CBDC, digital payments, banking, fintech, distributed ledger technology, blockchain, WeChat Pay, Alipay
Australia-based non-bank business lender ScotPac has teamed up with financial services provider Ebury to facilitate global trade for all businesses.
expansion, lending, SMEs, cross-border payments, FX , cash flow
Visa has partnered with UK-based retail banking company Lloyds Bank to launch a new virtual card solution for businesses of all sizes.
partnership, virtual card, online payments, financial services, product launch, online security, payment methods
Edward Dovey, Head of APAC at RTGS.global, sheds light on the role of faster, more affordable cross-border payment solutions and understanding the de-dollarisation trend.
cross-border payments, cross-border logistics, CBDC, digital currency, settlement, financial institutions, FX , central bank
Trade financing platform 360tf has entered a strategic partnership with Ebury to improve financial services in the UAE.
partnership, banking, digital banking, FX , risk management, fintech
UK-based retail banking company Lloyds Bank has partnered with US-based provider of payments and financial services technology Fiserv.
partnership, banks, financial institutions, FX
The State Bank of Vietnam has officially joined the Regional Payment Connectivity (RPC) initiative as part of an expansion of the MOU RPC.
partnership, expansion, banking, payments , cross-border payments, online banking, digital banking
US-based startup Koverly has introduced a B2B Buy Now, Pay Later platform to allow businesses to defer FX payments for 30 days.
FX , product launch, B2B payments, BNPL, fintech, startup
Diederik Bruggink, Head of Payments, Digital Finance, and Innovation at WSBI-ESBG, offers a comprehensive overview of PSD3 and PSR, their significance, and the impact they bring to the industry.
PSD3, PSR, Open Banking, payments , PSD2, banks
India and Indonesia have engaged in talks to settle bilateral transactions in local currencies and link up their fast payments systems.
partnership, cross-border payments, transactions , local payment method, trade finance
B2B foreign trade financial service provider XTransfer has announced its plan to launch its financial products in Hong Kong, targeting local SMEs for Q2 2023.
expansion, financial services, financial institutions, money transfer, SMEs, online banking, digital payments, digital banking, online payments
India-based Infosys Finacle has partnered with ABN AMRO to implement the Infosys Finacle Liquidity Management Solution for the bank’s corporate clients.
partnership, online banking, digital banking, financial services, financial institutions
Multinational banking group HSBC has received an official warning from UK’s Competition and Markets Authority (CMA) regarding failures in providing the correct information about the Open Banking processes.
Open Banking, Open Finance, online banking, regulation, online payments
Oman Air has partnered with HSBC Oman for an international payments process, that aims to increase efficiency and security.
partnership, cross-border payments, transactions , banks, travel payments
India-based ICICI Bank has rolled out digital solutions comprising of a set of banking and value-added services on a single platform, looking to digitise the export lifecycle.
product launch, banking, digital banking, digitalisation, API, FX , cross-border logistics, fintech, ERP, cash management
The Central Bank of Russia has decided to use cryptocurrencies for cross-border payments in trials with private companies.
cryptocurrency, central bank, cross-border payments, digital assets