cross border – Page 4 – Open Banking Expo

Visa forms partnership to bring A2A payments to UAE

By Ellie Duncan | 29 September 2023

The partnership will use Visa solution YellowPepper’s technology to allow customers of fintech ABHI to move money to Visa cards.

Revolut Business unveils cross-border payments feature in challenge to SWIFT

By Ellie Duncan | 20 September 2023

Research by Revolut Business found that 87% of UK businesses identified facilitation of payments as the biggest financial challenge they face.

HSBC helps immigrants to UK overcome credit history ‘hurdles’ with Nova Credit

By Ellie Duncan | 18 September 2023

Research by Nova Credit found that 66% of working age immigrants in the UK reported that receiving credit products took longer than expected due to their lack of UK credit history.

BNY Mellon study reveals global businesses’ appetite for real-time payments

By Ellie Duncan | 15 September 2023

Carl Slabicki, co-head of global payments, treasury services at BNY Mellon, said the study “reinforces” that the adoption of real-time payment capabilities will continue to increase.

LemFi raises $33m in Series A round to expand product offering

By Ellie Duncan | 29 August 2023

The fintech will use the proceeds from Left Lane Capital, and other investors, to serve more immigrant communities in the US, Europe, the Middle East and Asia.

Flutterwave extends remittances solution Send App to US, Canada

By Ellie Duncan | 2 August 2023

Flutterwave’s Send App has also undergone a rebrand as it continues to add recipient countries to its network.

Majority of UK SMEs still rely on banks for cross-border payments despite pain points

By Ellie Duncan | 28 July 2023

However, research by Neo, found that CFOs at SMEs are looking beyond traditional banks to non-banking payment solutions for their cross-border payment needs.