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Currencycloud Links Regional Banks To X-Border B2B Tech

PYMNTS

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. Our industry-leading rates platform now combined with Currencycloud’s capabilities will make our offering even more powerful for our regional and community banking clients.”.

Regional 181
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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. billion, Bloomberg reported on Friday (Feb.

Fintech 174
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Bantotal In Latin America Partners With Bitex For Bitcoin Money Transfers

PYMNTS

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. A Bantotal spokesperson said the service is used by around 20 million people. Bantotal is based in Uruguay.

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Paydek Collaborates With Thunes On X-Border Payments

PYMNTS

Paydek’s infrastructure supports an extensive international base of people and businesses as clients, with handling payments to more than 160 nations. The collaboration will allow for local currency payments via the large international partner network and strong technology abilities of Thunes, according to the announcement.

Payments 239
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Americas FSI Digital Commentary: 3 Ways to Accelerate Digital Strategy in 2023

Cisco

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

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Visa Seeks Patent On System To Turn Government Currencies Into Digital Blockchain Versions

PYMNTS

100 for User A in America, 200 pesos for User B in Mexico and so forth) in order to perform transactions in a secure, fast and reliable way.”. Visa further said the technology would allow transactions using digital fiat currency “to be processed and completed immediately without requiring settlement and clearing processing.”.

System 320
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Cambridge Global, Ripple Partner On Cross-Border Payments

PYMNTS

Pat Thelen , vice president and North America managing director at Ripple, said both companies understand the necessity of using blockchain to help bolster cross-border payments. By expanding this relationship, we broaden our reach into the Asia-Pacific region, while providing customers the rapid payment delivery they expect.”.

Payments 286