Tag: cross-border payments
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Visa, Western Union partner on cross-border payments
Visa and Western Union have announced a new partnership that aims to make cross-border payments more seamless and efficient for consumers around the world. Enhanced Payment Options Through this partnership, Visa will integrate its digital payment capabilities with Western Union’s extensive cross-border network, allowing consumers to send money internationally with greater ease and speed. Benefits…
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Ebury and Nium expand partnership
London-based fintech company Ebury and global payments platform Nium have recently announced an expansion of their partnership, aiming to provide enhanced services and solutions to their clients around the world. New Opportunities for Clients With this expanded partnership, clients of both Ebury and Nium can expect to access a wider range of services and solutions,…
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Cross-border payments remain focus for Fed
The Federal Reserve continues to prioritize the improvement of cross-border payments as part of its effort to modernize the financial system. Cross-border payments are transactions that involve transfers of funds across national borders, which can often be slow, costly, and inefficient. In recent years, the Fed has been working with other central banks and financial…
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Zilla to focus on cross-border payments
Zilla, the renowned fintech startup, has officially announced its decision to shift its focus towards facilitating cross-border payments in the global market. With the rapid expansion of e-commerce and international trade, the need for efficient and secure cross-border payment solutions has become increasingly evident. Zilla aims to address this demand by leveraging its innovative technology…
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ACE Money Transfer partners with HABIBMETRO Bank
Breaking news in the financial world! ACE Money Transfer, a leading global remittance service, has announced a strategic partnership with HABIBMETRO Bank, a prominent banking institution known for its innovative solutions and excellent customer service. This collaboration between ACE Money Transfer and HABIBMETRO Bank aims to provide a seamless and secure platform for international…
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Orange Finances Money Mali and TerraPay partner on cross-border payments
In a bid to revolutionize cross-border payments, Orange Finances Money Mali has forged a strategic partnership with TerraPay. This collaboration aims to enhance international remittances, making them faster, more convenient, and cost-effective. Orange Finances Money Mali, one of the leading financial institutions in Mali, is known for its commitment to providing innovative and reliable financial…
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Visa partners with Intermex
Visa, the global payments technology giant, has announced its strategic partnership with Intermex, one of the leading providers of money transfer services. This collaboration aims to facilitate seamless and secure financial transactions for customers around the world. With Visa’s extensive network and expertise in electronic payments, partnering with Intermex will enhance cross-border money transfers and…
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The Paypers launches the Cross-Border Payments and Ecommerce Report 2023–2024
Welcome to the exciting future of cross-border payments and ecommerce! The Paypers is delighted to announce the launch of our highly anticipated “Cross-Border Payments and Ecommerce Report 2023–2024”. This comprehensive report provides invaluable insights, trends, and predictions that will shape the global landscape of payments and ecommerce over the next two years. With the rapid…
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EPI performs instant cross-border payments with wero
The EURO Retail Payments Board (ERPB) has announced a major milestone in the field of cross-border payments. The European Payments Initiative (EPI) has partnered with wero, a leading global payment solution provider, to enable instant and smooth cross-border payments within the European Union member states. EPI, an ambitious pan-European payment initiative, aims…
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Wise Platform and Allica Bank form cross-border payments partnership
London-based digital money transfer service, Wise Platform, has announced a strategic partnership with Allica Bank to enhance cross-border payments for customers. Wise Platform, formerly known as TransferWise, is a renowned platform that enables customers to send and receive money internationally. Its advanced technology ensures fast, secure, and cost-effective transfers. Allica Bank, a growing UK-based challenger…
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MAS and BNM launch cross-border real-time payment tool
The Monetary Authority of Singapore (MAS) and the Central Bank of Malaysia (BNM) have officially launched a ground-breaking cross-border real-time payment tool that aims to enhance financial connectivity between the two neighboring countries. This innovative payment system will enable customers from Singapore and Malaysia to transfer funds seamlessly and instantly, marking a significant milestone…
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Ripple and Onafriq enable cross-border digital payments from Africa
In a significant development for the financial landscape of Africa, Ripple, a global technology company specializing in real-time gross settlement systems and currency exchange, has partnered with Onafriq, a leading digital payment provider in Africa. This partnership aims to revolutionize and simplify cross-border digital payments within the continent. Traditionally, cross-border transactions in Africa have been…
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Cross-border payment headaches burden consumers: Mastercard report
The complexity of cross-border payments remains a persistent issue for consumers, as highlighted in the latest report released by Mastercard, one of the leading payment technology companies in the world. The Mastercard report sheds light on the challenges faced by individuals when making international transactions. With the increasing globalization and the rapid growth of e-commerce,…
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Juni enables cross-border payments for European customers
For European businesses, the ability to seamlessly process cross-border payments has always been a challenge. However, with the advent of innovative financial technology solutions, this barrier is finally being overcome. One such solution is Juni, a forward-thinking fintech company that is revolutionizing the way European customers conduct cross-border payments. Empowering European Businesses Juni’s revolutionary platform…
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AusPayNet introduces ISO 20022 for cross-border payments
Streamlining and enhancing cross-border transactions AusPayNet, Australia’s payments industry self-regulatory body, has announced the implementation of the ISO 20022 messaging standard for cross-border payments. This move marks a significant development in the effort to streamline and enhance global payment systems. ISO 20022, a modern and internationally recognized messaging standard, provides a common language…
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Airwallex partners with Alpaca
Airwallex, a global fintech company, announced a strategic partnership with Alpaca, a leading API stock trading platform. As part of the partnership, both companies will combine their expertise to offer an innovative solution for traders. Airwallex’s cross-border payment infrastructure and foreign exchange services will be integrated with Alpaca’s commission-free stock…