cross border payments

Swift and Wise to Expand Cross-Border Payment Options Globally

September 19, 20236 min

Collaboration will help financial institutions provide a greater range of choice to their customers for cross-border payments Payments initiated by banks via Swift will be able to complete on Wise quickly and easily through Wise Platform’s new Correspondent Services offering Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency. Financial institutions...

by BusinessWire

Payments

Swift’s Cross-border Payments Processing Speed surpasses G20 Target

August 22, 20236 min

89% of cross-border payments are processed over Swift within an hour, placing its transaction speed ahead of the G20’s end-to-end target of 75% by 2027

by GTreasury

Payments

GTreasury partners with Convera on New Payments Service for Corporate Treasury

August 2, 20236 min

Partnership provides integrated payments service to GTreasury clients

by PRNewswire

Payments

Thunes adds three prominent investors to Series C funding round

July 17, 20236 min

Thunes, the global B2B payment infrastructure platform, announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission to address the inefficiencies of moving money internationally and create a next-generation payment system that is secure, instant and transparent. This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced...

by PRNewswire

Banking

TerraPay partners with Attijariwafa bank

June 28, 20234 min

In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, a leading global payments infrastructure company, announced its partnership with Attijariwafa bank, Morocco’s largest banking group by market capitalization, to facilitate real-time and seamless global money transfers directly to the bank accounts in Morocco. This partnership will empower Attijariwafa bank to tap into TerraPay’s well-entrenched global partner networks and receive inbound cross-border payments from various send partners across 200 countries. Through this...

by BusinessWire

Payments

Strike Expands “Send Globally” to Mexico

June 15, 20234 min

Send Globally brings lightning-fast money transfers directly to recipients’ bank accounts as cross-border payments from the U.S. to Mexico reach historic highs

by PRNewswire

Payments

Squaretalk is now accepting crypto as a form of payment

November 22, 20214 min

We’re delighted to inform you that Squaretalk has become a pioneer in the contact center software market to start accepting cryptocurrencies by partnering with CoinGate. Squaretalk decided to join Wikipedia, Microsoft, AT&T, Namecheap, ExpressVPN, and many other big firms, by accepting Bitcoin as a legitimate source of funds in addition to Stripe, PayPal, Visa, Mastercard, and American Express. Thanks to the new partnership with CoinGate, a winner of the Global Brands Award 2021 of Most Innovative Cryptocurrency Payment Gateway...

by FTB News Desk

Payments

Announcing next generation real-time cross border payments network

June 5, 20194 min

While banking has evolved dramatically in the digital age, financial institutions have lagged when it comes to improving processes for cross border payments. Fortunately, Toronto-based fintech Buckzy Payments Inc. announces today its financial institutions network solution, enabling banks to offer next generation real-time cross-border payments capabilities to their customers. “We can make domestic payments from our smart-phones, but until now, to make international payments, there have been challenges within the customer experience, visibility on transfer status,...