#cross-border-payments
#cross-border-payments
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#xrp #fintech #blockchain #stablecoins #ripple #foreign-exchange #upi #prepaid-cards #multicurrency-accounts
Startup companies
fromLondon Business News | Londonlovesbusiness.com
18 hours agoSMEs across Europe risk losing 4 billion every year to hidden FX fees - London Business News | Londonlovesbusiness.com
Pleo launched multicurrency accounts allowing companies to hold and spend up to six currencies from a single card to reduce FX fees and streamline global spending.
fromTheregister
1 week agoBlockchain just became a mainstream part of global finance
SWIFT - aka the Society for Worldwide Interbank Financial Telecommunication - provides a messaging service that financial institutions use to move money around the world. The service is widely used but is slow because, as explained by ANZ Bank, SWIFT "doesn't actually move the money." "This means the instruction to pay and the movement of funds happen separately, often requiring a complex network of accounts and correspondent banks to enable a payment to be processed.
World news
Cryptocurrency
fromcointelegraph.com
1 week agoWhy XRP matters: 5 key factors driving its value beyond price
XRP provides near-instant, low-cost cross-border settlement and real-world payment utility through loyalty and travel integrations, supported by institutional reserves and growing regulatory clarity.
Business
fromTearsheet
2 weeks agoThe Quarterly Review: How Wise's Lauren Langbridge aims to accelerate partner growth through infrastructure and talent - Tearsheet
Wise is expanding its API-based payments infrastructure through deeper bank and enterprise partnerships to deliver faster, cost-effective cross-border payments within traditional banking.
fromBusiness Matters
2 weeks agoCross-Border Payments Simplified: The EMI Advantage With Trumia
Traditional banks rely on legacy systems that were never designed for the speed and scale of global business today. This is why Electronic Money Institutions (EMIs) are currently changing the market. An EMI is a licensed financial entity that can issue electronic money, provide IBAN accounts, process payments, and hold client funds in safeguarded accounts. Unlike banks, EMIs cannot offer traditional loans or credit, but they can do almost everything else when it comes to facilitating digital payments.
Miscellaneous
Startup companies
fromBitcoin Magazine
3 weeks agoAfrica's Chipper Cash Adopts Lightning At Scale: 50% Of Bitcoin Transactions Now Instant And Low-Cost
Over 50% of Chipper Cash’s Bitcoin transactions use the Lightning Network, enabling near-instant, low-cost, reliable cross-border payments across Africa.
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