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BankClarity, a provider of banking technology, has tapped Moneycorp’s API integration in order to deliver new access to 120 currencies with live market rates.
partnership, banks, API, FX , cross-border payments
UK-based digital ecosystem Quid Global has partnered with Currencycloud to launch Quid’s global wallet that supports businesses in their cross-border development.
FX , digital wallet, online payments, SMEs, expansion
Singapore-based SME finance management platform YouBiz has launched global transfers in 8 major currencies to a total of 146 countries.
money transfer, SMEs, FX , spend management, cross-border payments
UK-based investment platform Lightyear has partnered with banking services provider LHV to equip itself with real-time EUR payments and other banking services.
SEPA, SWIFT, Virtual IBAN, trading platform, real-time payments, instant payments, FX
The Monetary Authority of Singapore (MAS) has launched an international initiative, Ubin+, to advance cross-border foreign exchange (FX) using wholesale CBDC.
partnership, cryptocurrency, cryptocurrency exchange, CBDC, FX , blockchain, wholesale banking, digital currency
UK-based payments provider Berg Money has announced the launch of a fintech platform for startups and SMEs across Europe and the Middle East.
product launch, ecommerce, cross-border payments, cross-border ecommerce, FX , payments infrastructure, cloud, cloud services
Fintech Rapyd has announced the launch of a multi-currency Treasury Solution for international payments operations’ optimisation in the APAC region.
product launch, cross-border payments, cross-border ecommerce, FX , cash management, treasury
Israel-based social trading network eToro has bought portfolio management business Bullsheet to increase the customer’s visibility into their accounts.
trading platform, acquisition, data analytics, FX , data aggregation
Digitalisation is removing the barriers to the goods and services that support society across all geographies. But the businesses at the front-end of the process – the sellers and merchants – still face financial exclusion as they are unable to access payment solutions that make it easy for them to serve different geographies and accept different currencies.
FX , PSP, merchants, financial inclusion
Netherlands-based blockchain gift card and commerce platform CryptoRefills has closed a seed round led by Eric Barbier.
cryptocurrency, Bitcoin, FX , ecommerce, gift card
UK-based cross-border payments platform Currencycloud has become the preferred foreign exchange (FX) partner for fintech infrastructure platform, Integrated Finance.
partnership, fintech, payments , cross-border payments, FX , embedded finance, KYC
BNP Paribas has agreed to acquire Kantox, a UK-based currency management automation company, for USD 133 million.
acquisition, banks, API, FX , risk management
UK-based fintech Ebury has announced it become a member of Amazon’s Payment Service Provider Programme, which allows sellers who use Amazon sites to continue to collect payments in different regions and currencies, through Ebury’s platform.
partnership, ecommerce, cross-border ecommerce, ecommerce platform, marketplace, cross-border payments, merchants, FX
Poland-based BaaS provider Vodeno has commissioned a survey which revealed that more that two thirds of European SMEs plan to adopt real-time payment processing in 2023.
BaaS, research, survey, SMEs, FX , payment processing
US-based cloud-based finance solutions provider Kyriba has launched Commodities Risk, an expansion of the company’s portfolio of risk applications.
risk management, product launch, SaaS, FX
What is being done to bridge the gap that still exists between what businesses need for cross-border payments and FX to capitalise on the growing ecommerce market, and what they are able to access?
cross-border payments, fintech, payment methods, FX , financial institutions, ecommerce, Banking Circle, money transfer, banks
UK-based fintech Paysend has launched Instant Account Payments, which allows clients to send instant cross-border payments of up to USD 100,000 for USD 1 per payment.
cross-border payments, instant payments, FX , expansion, API
GameStop, US-based video game retailer, has announced a partnership with FTX US.
partnership, ecommerce, FX , digital wallet
Moneycorp, a payments services provider, has launched in France as part of its expanding European business, aiming to offer secure payment solutions.
expansion, payments , financial institutions, banks, FX
Cross-border payments platform Degica has released a report emphasising the fact that localised shopping is key for merchants to penetrate the Japanese ecommerce market.
ecommerce, online shopping, fraud prevention, FX , merchant, survey