Tag: Cross border payments

LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
November 16, 2018 BY Valentina Kirilova

Bank of Canada, BoE and MAS share assessment on emerging opportunities for digital transformation in cross-border payments

The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…

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May 18, 2016 BY Maria Nikolova

Paysafe launches multi-currency cross-border acquiring capabilities in Europe

Provider of payment solutions Paysafe Group Plc (LON:PAYS) today announces the launch of its multi-currency cross-border acquiring capabilities in Europe. The new capabilities enable Paysafe to offer full-service processing solutions to more businesses across the European Economic Area (EEA). Among the products it offers, Paysafe’s PCI-compliant payments platform enables processing in over 100 currencies and…

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April 20, 2016 BY Maria Nikolova

Chris Cowlard to step down as Earthport COO in June

Cross-border payment network Earthport plc (LON:EPO) today announces that Chris Cowlard will be stepping down as Chief Operating Officer and a member of the board as of June 3, 2016. Daniel Marovitz, who is at present a president of Earthport Europe will move into a new role as President - COO of Earthport. Mr Cowlard…

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April 18, 2016 BY Maria Nikolova

MasterCard, Western Union, bKash launch new international remittance receiving service in Bangladesh

Mastercard Inc (NYSE:MA), The Western Union Company (NYSE:WU), bKash and BRAC Bank today announce the launch of a new, international remittance receiving service in Bangladesh. The new service enables bKash’s registered customers to use their mobile phones to get remittances from abroad directly into their bKash accounts. bKash has attracted more than 22 million customers…

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April 04, 2016 BY Maria Nikolova

Saxo Payments Survey: Only 38% of payments-related business think they get competitive FX rates

Saxo Payments, a subsidiary that Saxo Bank established in 2013, today made available a white paper, entitled “Cross Border B2B Payments – Today’s landscape; Tomorrow’s opportunity”. The document states that 63% of payments-related businesses are dissatisfied with the speed of cross border payments, and only 38% believe they get a competitive FX rate. The paper is…

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February 02, 2016 BY Mike Fox

Bosch chooses Deutsche Bank’s ERP solution for RMB payments in China

Deutsche Bank AG (ETR:DBK) today announced that it has implemented an electronic ERP integration solution for Bosch’s foreign currency and RMB cross-border payments in China. Deutsche Bank’s ERP integration solution enables Bosch to streamline its accounts payables processes in China introducing electronic processing of physical documents and the associated regulatory reporting. Headquartered in Germany, Bosch is a…

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