Sunday , November 24, 2024

Search Results for: cross border

Wells And HSBC Unveil a Blockchain for Faster And Cheaper Cross-Border Transfers

The world’s banking giants may or may not adopt cryptocurrencies at some point, but they are clearly looking to adopt the distributed-ledger technology that undergirds digital money. In the latest such move, Wells Fargo & Co. and HSBC Bank plc early Monday announced they have agreed to process cross-border transactions …

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Nium Teams Up With Roxe to Enable Real-Time Cross-Border Payments

As part of its efforts to expand real-time payments globally, financial-service technology provider Nium Pte. Ltd., has partnered with Roxe, a global payment network that uses blockchain technology to settle transactions. The partnership will allow Roxe to leverage the reach of Nium’s network to initiate cross-border payouts, including those from …

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Citing a Need for Faster Funding, Euronet Launches a Real-Time Cross-Border Payment Network

To help speed and simplify cross-border payments for businesses, Euronet Worldwide, a Leawood, Kansas-based fintech, on Wednesday launched Dandelion, an end-to-end real-time cross-border payment network.  Typically, initiating a cross-border transaction is a slow and manually driven process that involves exchanging emails, phone calls, and invoices between participating parties. Further slowing …

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Western Union Deepens Its Mastercard Integration With Send And Cross-Border Additions

The Western Union Co. is boosting its tie-ins with Mastercard Inc. by integrating the card brand’s direct-to-card and cross-border payments products. Announced Friday, the integration sees Mastercard Send added to broaden Western Union’s payout capabilities in the United States. U.S. recipients of any Western Union transfer will be able to …

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The Clearing House, SWIFT, And EBA Clearing Partner to Speed Cross-Border Payments

The Clearing House, EBA Clearing, a provider of pan-European payment-infrastructure technology, and financial-messaging specialist SWIFT have completed a proof-of-concept aimed at introducing faster cross-border payments than are currently available. The three member-owned companies announced Monday they have finished a project to synchronize cross-border payments occurring in one instant-payment system with …

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Digital Transactions