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OpenFX, an FX infrastructure company, has announced that it raised USD 23 million in funding, aiming to leverage the capital to optimise cross-border payments.
funding, investment, fintech, digital payments, FX , real-time payments, cross-border payments
Wilmington-based fintech firm Blooms has secured USD 2.6 million in seed funding to enhance its operations and advance product development.
funding, investment, FX , cross-border payments
J. Christopher Giancarlo & David Kretz discuss the key findings of the Digital Dollar Project's working paper, emphasising the importance of ‘future-proofing’ the US dollar for a world increasingly shaped by competing digital networks of value.
stablecoin, tokenization, digital dollar, digital euro, banks, settlement, FX
Standard Chartered has entered into a partnership with Temenos to integrate its Aggregated Liquidity Engine (SCALE) with the Temenos core banking and payments systems.
partnership, expansion, FX , customer experience
Itaú Unibanco has announced the launch of its foreign exchange solutions, enabling instant payment in foreign currency directly through the app.
product launch, payments , FX , cross-border payments
The Paypers’ Travel Series features insights from travel industry experts who discuss payment challenges, trends, regulatory hurdles, and emerging opportunities.
travel series, travel payments, marketplace, payments , BNPL, cryptocurrency, Web 3.0, blockchain, fraud management, fraud detection, loyalty programme, PSD2, PSD3, FX , regulation, sustainability
Kakao Pay has announced its plan to end its currency exchange service, as well as its focus on QR payment expansion for international use.
payments , FX , cross-border payments, expansion, QR payments
Vistra, a provider of business services, has joined forces with Airwallex to support their clients in expanding their services into new markets.
partnership, embedded finance, embedded payments, transactions , FX
Guillaume Tournand, Head of Strategic Expansion & Solution Partners at Worldline, discusses how businesses can remain ahead in the global ecommerce race.
ecommerce, digitalisation, mobile payments, merchants, growth markets, e-wallet, regulation, AML, interchange fee, FX , cross-border ecommerce
Flutterwave has introduced a major upgrade to Send App, integrating currency exchange capabilities and international money transfers.
product upgrade, money transfer, FX , transactions , payments
Alex Lawrence, Global Head of Content Strategy & Industry Engagement at Convera, delineates how foreign exchange (FX) innovation can enable ecommerce expansion – from local to global.
FX , digital wallet, payments , real-time payments, RTPs, cross-border payments, paytech, fintech, blockchain, smart contracts, ecommerce, risk management, artificial intelligence, automation
International business payments provider FXellence has launched a new cross-border payment platform supported by Currencycloud, a Visa Direct offering.
financial services, cross-border payments, FX , partnership, online payments, product launch
Currency technology provider Integral has announced that Access Bank Nigeria integrated its solutions to support its regional expansion and improve its FX pricing and distribution abilities.
digital banking, online banking, FX , financial services, partnership
Tiffany Hecker, Senior Vertical Marketing Manager at Worldpay, deep dives into how optimised payments can help unlock business growth.
ecommerce, payments , merchants, customer experience, online security, payout, FX
Gabriel Lucas, Director at Redbridge Debt and Treasury Advisory, emphasises the strategies for overcoming foreign exchange (FX) challenges and increasing merchant revenue.
ecommerce, FX , merchant, payments , banks, financial institutions, B2B payments, payout, cross-border payments, digital currency
The Paypers interviewed Ruben Vosmeer, CTO at xpate, a payment provider that makes it easier to pay, to get paid, and to keep money flowing about their role in the industry and how harvesting a long-lasting partnership can boost customer experience.
payments , online payments, FX , fintech, SaaS, online platform, settlement, API, payment processing, payment gateway, EMI licence, partnership
Martha Southall, Global Director of Client Insights at CMSPI, discusses the main drivers behind the new generation of domestic card payment schemes.
ecommerce, payments , card scheme, digital payments, FX , financial inclusion, cashless, merchants, tokenization, cross-border payments
Nikogiannis Karantzis, CEO of ISX Financial, explains how the company reshapes payments with Open Banking – offering secure, cardless transactions and instant settlements for merchants.
Open Finance, Open Banking, payments , instant settlement, banks, API, account-to-account payment, FX , merchants
UK-based Standard Chartered has launched SC PrismFX, a cross-currency transactional foreign exchange (FX) solutions suite.
FX , product launch, banks, financial institutions
Asia-based B2B digital payments platform SUNRATE has announced the launch of new treasury solutions as part of its offering.
treasury, multi currency treasury solutions, FX , trade finance, product launch