Instant payments continue their global sweep, with expanding RTP® network capabilities from The Clearing House in the United States, Australia simplifying cross-border transfers and Hungary embracing QR codes for everyday transactions. The PYMNTS Intelligence report “The Real-Time Payments World Map” examined the technologies and partnerships...
Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. The new offering, announced by the London-based company Tuesday (Dec. 17), is aimed at simplifying how users manage money across borders. “We’re making it easier for users to manage their money and take control of their...
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. As...
Payroll/HR platform Remote says its clients can now pay contract workers using stablecoins. The new offering, launching initially for businesses in the U.S., allows companies to pay contractors in 69 countries with the USDC stablecoin, according to a Tuesday (Dec. 17) news release. “One of the biggest hurdles...
December 13, 2024
The benefits of standardized data formats and exchanges in financial services are myriad. Banks are moving toward the ISO 20022 financial messaging standard, tied to Swift, which noted that the open standard can be used for all types of financial transactions, including cross-border fund flows. The messaging formats support the inexorable global movement toward real-time […]
December 09, 2024
Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. But with the news Thursday (Dec. 5) that the U.S. licensed FV Bank is now supporting...
December 09, 2024
Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving...
December 02, 2024
Now that the B2B Payments: Outlook 2030 event has been recorded, published and analyzed, it’s time to review its content and revisit some of its high points. You’ll find both in...
December 17, 2024
Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. The new offering, announced by the London-based company Tuesday (Dec. 17), is aimed at simplifying how users manage money across borders. “We’re making it easier for users to manage their money and take control of their finances, regardless of where they are or what currencies they […]
December 17, 2024
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participation...
December 17, 2024
Payroll/HR platform Remote says its clients can now pay contract workers using stablecoins. The new offering, launching initially for businesses in the U.S., allows companies to pay contractors in 69 countries with...
December 17, 2024
Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on money movement, to facilitate foreign...
