Tag : cross-border payments

PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom
Digital Payments Finance Fintech News

PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom

PR Newswire
PYUSD Stablecoin Will Help Build Foundational Pathways to Upgrade Global Payment Rails Today PayPal announced it will be enabling disbursement partners to use PayPal USD (PYUSD) to settle cross-border money transfers made with Xoom. Cebuana Lhuillier and Yellow Card will be the first Xoom disbursement partners to use PYUSD to settle cross-border......
Banking Blockchain Digital Asset Management Digital Payments Featured Finance Fintech Security

Integrating Blockchain Technology Effectively into Digital Banking Systems

Fintech Staff Writer
The global banking sector has seen a significant transformation in recent years, driven by advancements in financial technology aimed at enhancing efficiency and reducing operational costs. Among these innovations, blockchain technology stands out as a powerful tool with the potential to revolutionize various banking processes. From transaction processing and settlement......
PayToMe.co Completes Seed Round to Lead the Global Fintech Revolution, Paving the Way for Series A Funding
Digital Payments Fintech News

PayToMe.co Completes Seed Round to Lead the Global Fintech Revolution, Paving the Way for Series A Funding

EIN Presswire
Empowering SMBs with AI-Driven Solutions, Global Payments, and Cross-Border Transactions to Drive Financial Inclusion. PayToMe.co, an award-winning fintech platform simplifying global payments and cross-border transactions, announces the successful completion of its seed round, with investments from Startupbootcamp and ACH Australia Investments Pty Ltd. This milestone propels PayToMe’s mission to build......
Doha Bank and Nium Partner to Introduce Real-Time Cross-Border Payments in Qatar
Banking Digital Payments News

Doha Bank and Nium Partner to Introduce Real-Time Cross-Border Payments in Qatar

PR Newswire
Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank, a premier financial institution in Qatar. This collaboration marks Nium’s inaugural partnership in Qatar, underscoring its commitment to revolutionizing the landscape of international payments. Central to this collaboration is the commitment to offer fast,......
Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation
Banking Finance Fintech News

Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation

Business Wire
Introducing Mastercard Move Commercial Payments to power near real-time commercial cross-border payments 24 hours a day, 365 days a year Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution, revealed in Beijing at......
OwlTing Teams Up With Visa to Streamline Cross-border Payments
Blockchain Digital Payments Fintech News

OwlTing Teams Up With Visa to Streamline Cross-border Payments

PR Newswire
OwlTing Group (“Company”), a global blockchain fintech company, announced plans to implement Visa Direct solutions under a global agreement with Visa, a world leader in digital payments to provide real-time cross-border payments for individual and business customers. This agreement will provide OwlTing an opportunity to potentially reach over 8.5 billion......
Nium Grows Presence in Lithuania With Local Team and Office Expansion
Digital Payments News

Nium Grows Presence in Lithuania With Local Team and Office Expansion

PR Newswire
Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes: Hiring 18 new full-time employees in Lithuania, repesnting 100% headcount growth over the last 8 months Moving to a......
Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One
Digital Payments News

Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One

Business Wire
In partnership with Ascent One, Convera streamlines international payments and improves education agent and student experience Convera, a global leader in commercial payments, introduced its embedded payments solution for the education industry through its new partnership with Ascent One, the world’s first ecosystem purposely built for the education sector. This......
TerraPay forms council with leading Digital Wallets to accelerate Cross-Border Payments interoperability
Finance Fintech News

TerraPay forms council with leading Digital Wallets to accelerate Cross-Border Payments interoperability

PR Newswire
TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions. Together, these operators serve millions of wallet users, spanning regions such as Bangladesh, Colombia, Kenya, Senegal, Tanzania and Uganda. The founding members......
Layer2 Financial Secures $10.7M Series A to Transform Global Money Movement
Finance Fintech Investments News

Layer2 Financial Secures $10.7M Series A to Transform Global Money Movement

PR Newswire
Layer2 Financial—the regulated payments infrastructure transforming cross-border payments—is thrilled to announce their $10.7 million Series A funding round. This round was led by Galaxy Ventures, with key participation from Accomplice. The new funding will accelerate Layer2’s mission to revolutionize the way money moves around the globe. The announcement comes in the wake of......
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