International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in emerging markets and enhance Truist clients’ ability to conduct global business, the companies said in a Wednesday (Sept. 20) press...
Industries are defined by what customers do, not what companies produce. And if something doesn’t scale up across a global audience, then it isn’t worth much. That’s why, as more small- to medium-sized businesses (SMBs) look to do business internationally, solving for low-cost cross-border payments has become...
Revolut Business has launched a solution for businesses that aims to address the difficulties surrounding cross-border payments. The feature, RevTags, is a free and instant global payments network available to businesses within the Revolut network, the global financial app for businesses said in a Tuesday (Sept....
French Device-as-a-Service startup Fleet has expanded into Germany, aiming to optimize the lifecycle of workplace equipment for companies and startups there. Already operating in France and Spain, Fleet’s expansion into Germany marks another milestone in its growth journey, EU Startups reported Thursday (Sept. 14). The company was...
Visa and Currencycloud have joined forces to introduce a suite of products that aims to simplify cross-border money movement for various institutions. The collaboration combines Visa’s existing cross-border capabilities with Currencycloud’s expertise in multi-currency business facilitation, Visa said in a Wednesday (Sept. 13) press release emailed to PYMNTS....
Western Union has launched a “concept store” in Jordan to support that country’s foreign-born workforce. The new store, announced Thursday (Sept. 7), was developed in partnership with Al Sadat & Al Hindi Exchange and is the first of its kind introduced by a money transfer firm in Jordan. The store...
Indian eCommerce and payments firm Paytm debuted a new payment acceptance tool for merchants. Card Soundbox lets merchants accept mobile and card payments using the company’s Soundbox with “tap and pay” capabilities, according to a Monday (Sept. 4) company blog post. “We have found that merchants and consumers...
Australian CFD broker GO Markets has teamed with Currencycloud to streamline and automate client transactions. The partnership, announced Wednesday (Aug. 30), will see GO Markets employ Currencycloud’s multicurrency payment solutions to help clients enjoy “real-time, API-driven competitive” foreign exchange (FX) rates. “By integrating Currencycloud’s APIs,...
Payments company Banking Circle has launched its BC Payments unit in Australia. The rollout, announced Monday (Aug. 28), is designed to offer FinTechs, banks and payments businesses in Australia with global payments solutions. “Having witnessed first-hand the frustration of Australian FinTechs losing access to global payment solutions,...