Tag : cross-border payments

VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring
Digital Payments News

VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring

Business Wire
Lagos-based payment fintech upgrades to AI-powered system for advanced detection of money-laundering and sanctions list violations VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial......
Strike Expands “Send Globally” to Guatemala, Bringing Lightning-Fast Money Transfers from the U.S. to Latin America
Digital Payments News

Strike Expands “Send Globally” to Guatemala, Bringing Lightning-Fast Money Transfers from the U.S. to Latin America

Business Wire
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of “Send Globally” to Guatemala, bringing its revolutionary cross-border payment service to Latin America. “Traditional cross-border payment services are not built with financial inclusion in mind” In 2022, Latin America and the Caribbean received more......
Carrefour and MoneyGram Join Forces to Broaden Financial Service Offerings to Carrefour Customers
Digital Payments Fintech News

Carrefour and MoneyGram Join Forces to Broaden Financial Service Offerings to Carrefour Customers

PR Newswire
Carrefour Group and MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024. Carrefour customers across Europe and Latin America will now be able to send money from their local hypermarket or supermarket to loved......
Coupa Software Enters Into Definitive Agreement to Be Acquired by Thoma Bravo for $8 Billion
Digital Payments News

Coupa and Goldman Sachs Transaction Banking Launch A Seamless Business Payments Solution

PR Newswire
The global collaboration creates a streamlined process for domestic and cross border payments Coupa, a global leader in Business Spend Management (BSM), and Goldman Sachs Transaction Banking (TxB), a modern, digital-first, cloud-based bank provider, announced a joint initiative to simplify payment processes between businesses and their global supply chains. Making......
Bluevine Announces Its Next-Gen Brand Identity, Reflecting the Company’s Growth and Evolution
Banking News

Bluevine and Wise Launch International Bill-Pay Solution for U.S. SMBs

PR Newswire
New partnership powered by Wise Platform allows businesses to make international payments with no hidden fees to 26 countries Wise, the global technology company building the best way to move money around the world, and Bluevine, the leading provider of small business banking solutions, announced a partnership that leverages the power......
The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency
Banking Digital Payments News

The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency

PR Newswire
Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF. Universal Monetary......
Multiplier Integrates Wise Platform to Enable Faster Client Payouts
Digital Payments News

Multiplier Integrates Wise Platform to Enable Faster Client Payouts

PR Newswire
Multiplier, a multi-award winning global employment platform, has announced its partnership with Wise Platform to streamline global payroll for international businesses. The integration enables Multiplier’s clients to send payouts to its freelancers and contractors in 57 currencies around the world as part of Multiplier’s optimised payments infrastructure, reducing transaction times......
Cross-Border Expansion Top Priority For Businesses to Offset Current Economic Headwinds, Shows Rapyd Report
B2B Business Digital Payments News

Cross-Border Expansion Top Priority For Businesses to Offset Current Economic Headwinds, Shows Rapyd Report

Business Wire
50% of surveyed B2B businesses in the United States report rising inflation as their deepest concern threatening their organizations today. 43% of the same organizations believe business expansion is essential to offset the challenges of inflation, high interest rates and market volatility 41% of business-to-business organisations believe that international business......
Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
Artificial Intelligence Fintech News

ThetaRay Reports Upswing in Demand for Cross-Border Transaction Monitoring Amid Banking Crisis

Business Wire
Financial instability is driving a large movement of funds by companies diversifying investments across institutions and countries, requiring fast and efficient money transfer services ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, announced it is experiencing heightened demand for its sophisticated SONAR SaaS......
Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion
Digital Payments News

Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion

Business Wire
The new study from Juniper Research, foremost experts analysing the fintech & payments market, found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This radical growth of over 260,000% reflects the early stage of the......
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