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The Central Bank of Kenya (CBK) has become a member of the Pan African Payments and Settlement System (PAPSS).
central bank, settlement, banks, FX
Interbank payments network Interac has broadened access to additional types of financial institutions for participation in its e-Transfer service, with Wealthsimple approved as a participant.
expansion, paytech, payments , FX , money transfer, digital payments, financial services, fintech, transactions
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have successfully tested cross-border wholesale CBDCs.
partnership, CBDC, cross-border payments, banks, financial institutions, FX , wholesale banking, blockchain, payments infrastructure, tokenization, digital currency
Neo, a cross-border payments fintech company, has announced it cleared more than EUR 10 billion through its corporate multi-currency accounts since its launch in 2020.
payments , SMEs, cross-border payments, banking, FX , fintech
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
Travel money services business Travelex has completed a GBP 90 million refinancing deal to drive the next stage of its growth journey.
funding, expansion, FX , ATM, digitalisation
Australia-based company Send Payments has partnered with BankVic in order to provide its customers with end-to-end foreign exchange payment processes.
partnership, mobile payments, online payments, digital payments, FX , cross-border payments, ecommerce
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
Fintech company Rapyd has expanded its card acquiring solution to Singapore, aiming to further streamline payments for local businesses.
online payments, payments , real-time payments, FX , e-wallet, money transfer
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
LuLu Money has partnered with Endava to launch Digit9, a multi-currency cross-border transactions platform, in the UAE.
payments , cross-border payments, product launch, FX , financial institutions
US-based Citi has launched a set of four payment solutions addressed to its financial institution clients.
product launch, financial services, banks, financial institutions, customer experience, FX , SWIFT, multi currency treasury solutions
US-based paytech Flutterwave has rolled out Swap, a digital foreign exchange platform for Nigerians, in partnership with Wema Bank and Kadavra BDC.
FX , product launch, central bank, digitalisation, partnership
Payment platform Paysafe has strengthened its partnership with retail trading provider Eightcap with the launch of an embedded trading wallet solution.
product launch, embedded finance, trading platform, digital wallet, FX , fintech, paytech, crypto, payments , retail, API
Fintech Incard has partnered with cross-border payments platform Currencycloud to help creators and digital entrepreneurs reach global markets.
cross-border payments, cross-border ecommerce, digital payments, FX , partnership
Global payments and financial platform Airwallex has announced its partnership with Public to minimise FX costs for UK investors that purchase US-based equities.
partnership, mobile payments, digital payments, online payments, payments , FX , digital currency
Cross-border payments platform Currencycloud has partnered with Australia-based CFD broker GO Markets to streamline and automate client deposit and withdrawals.
cross-border payments, partnership, API, FX , trading platform
Citi has made an investment in Rextie, a Peru-based fintech specialised in FX services, while also integrating its FX technology into the latter’s currency exchange services.
FX , investment, fintech, SMEs
Global fintech IFX Payments has secured a Canadian Foreign Money Services Business (FMSB) licence as it continues its worldwide expansion.
banking license, expansion, compliance, banking, API, FX , cross-border payments, payments
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