ClearBank has become the first clearing bank to offer multi-currency bank accounts via API. In Q4 2020, ClearBank will be able to offer more than 30 multi-currency bank accounts, providing... more
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Finablr, the embattled foreign-exchange business, which uncovered about £1 billion of debt hidden from its board that may have been used for purposes outside of the company and compounding a... more
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The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... more
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A new study has found that the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020; representing 30%... more
The post B2B cross-border payments to grow by 30% to $35 trillion by 2022 appeared first on Payments Cards & Mobile.
A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... more
The post Multinational industry alliance launch PayID – universal ID for payments appeared first on Payments Cards & Mobile.