Search Results for: ross-border transactions

GLN Enables Instant Cross-border Digital Remittances to All Domestic Bank Accounts in Korea
Fintech News

GLN Enables Instant Cross-border Digital Remittances to All Domestic Bank Accounts in Korea

PR Newswire
by PR Newswire0
GLN International, a subsidiary of Hana Bank, (GLN) has recently announced the launch of cross-border remittance service; offering instant, secure, and inexpensive money transfers from abroad to all domestic bank accounts in Korea. The service is aimed to benefit Korean residents, international students, and other remittance customers residing overseas. In collaboration......
Swift’s Cross-border Payments Processing Speed Surpasses G20 Target
Digital Payments News

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

PR Newswire
by PR Newswire0
Fast in-flight processing and greater transparency reflects strong focus on helping industry meet G20 targets with strategy focused on instant, frictionless end-to-end payments  Swift announced strong progress toward goals set by the G20 for enhancing cross-border payments, reporting that 89% of transactions processed on its network reach recipient banks within......
GNB Swiss Investments AG and Reltime Introduce World's First Geographically Unrestricted Cross-Border Payments Platform
Digital Payments Fintech News

GNB Swiss Investments AG and Reltime Introduce World’s First Geographically Unrestricted Cross-Border Payments Platform

PR Newswire
by PR Newswire0
Reltime, a leading Web 3.0 fintech specialising in cutting-edge payment technologies is thrilled to announce a groundbreaking partnership with GNB Swiss Investments AG, a pioneering financial institution known for its innovative solutions, Together, the companies are aiming to revolutionise the financial landscape by unveiling a world’s first cost-effective and unrestricted Cross-border......
SEON Partners With Creditstar to Bolster Fraud Detection for the Lenders
Digital Payments Fintech News

Felix Pago Improves Trust in Cross-Border Payments by Leveraging SEON

Fintech News Desk
by Fintech News Desk0
SEON has partnered with digital remittance leader, Felix Pago, to improve trust in the world of cross-border payments. Felix Pago, a US fintech that specializes in remittance payments, utilized SEON’s powerful phone and email lookup tool to cut its fraud rates to almost 0% while delivering a 100% improvement in......
Pidgin Among the First to Complete Certification for Federal Reserve’s New Instant Payment Service
Digital Payments News

Pidgin Supports Live Transactions on FedNow Service, Driving Innovation in US Payment Infrastructure

Business Wire
by Business Wire0
Pidgin, a secure real-time payments platform built for the future of payments, now supports live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Pidgin is among the first service providers actively facilitating transactions for financial institutions on the service. “As a service provider of the FedNow Service,......
TerraPay (Mobex) Partners With Safaricom’s M-PESA to Facilitate Seamless Outbound Cross-Border Remittances
Digital Payments News

TerraPay (Mobex) Partners With Safaricom’s M-PESA to Facilitate Seamless Outbound Cross-Border Remittances

PR Newswire
by PR Newswire0
TerraPay, a leading global payments infrastructure company announced its partnership with Safaricom, Kenya’s leading telecommunications, IT and financial services provider. Together, both companies will usher in the benefits of financial inclusion by facilitating instant borderless payments. The partnership, through TerraPay’s group company Mobex (Kenya), a licensed Money Remittance Provider, will enable more......
Arqit: Consortium Delivers Cross-Border Quantum-Secure Digital Trade Transaction
Blockchain Digital News

Arqit: Consortium Delivers Cross-Border Quantum-Secure Digital Trade Transaction

Fintech News Desk
by Fintech News Desk0
An international consortium of industry and technical experts, supported by government, business and other organisations have completed the world’s first quantum-secure cross-border electronic trade document transaction, delivering a verifiable, secure, and legally recognisable solution for future digital trade transactions. This significant step forward in the journey to fully digital international......
Asia Pacific Continues Growth Trajectory in Real-Time Payments Market, Leads the Way in Cross-Border Payment Linkages
Digital Payments News

Asia Pacific Continues Growth Trajectory in Real-Time Payments Market, Leads the Way in Cross-Border Payment Linkages

Business Wire
by Business Wire0
Advanced, user-friendly services and features such as QR-code payments and mobile-native experiences are driving RTP adoption among consumers in APAC, with eight out of the top 10 countries in mobile wallet adoption being from the APAC region Real-time payments (RTP) transaction volumes in the Asia Pacific (APAC) region are expected......
Mama Money and Incode Partnership Revolutionizes Customer Verification for Cross-Border Payments
Digital Payments News

Mama Money and Incode Partnership Revolutionizes Customer Verification for Cross-Border Payments

PR Newswire
by PR Newswire0
Incorporating robust, multinational identity verification to combat fraud and financial crime while improving the customer experience and scalability across EMEA  Mama Money, a rapidly growing fintech offering cross-border money transfers and banking services, and Incode, the global leader in revolutionary identity solutions, announced their partnership to bring advanced identity verification......
How Does Visa Generate Money From International Transactions?
Banking Digital Payments Featured Fintech Primers Payment gateways

How Does Visa Generate Money From International Transactions?

Pooja Choudhary
by Pooja Choudhary0
One of the leaders in digital payments globally is Visa. The goal of Visa is to unite people, businesses, and economies by creating the most cutting-edge, dependable, and secure payment network. How does a credit card function? How a credit card functions when we travel overseas is depicted in the......
1