Cross-Border Payment Infrastructure - Page 2

32 articles

BRICS Weigh Cross-Border Payment Links and Digital Currency Integration

BRICS countries are considering ways to connect their fast payment systems and central bank digital currencies, aiming to lower cross-border transaction costs and improve efficiency for businesses and consumers

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UW Credit Union Extends Fiserv Partnership for Core Payment Upgrades

UW Credit Union has renewed its agreement with Fiserv, aiming to modernise its core processing and payment systems. The move introduces new APIs and automation, with implications for efficiency, risk management, and digital banking services.

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Wells Fargo to Launch Tokenised Deposits for USD-GBP Payments

Wells Fargo is preparing to introduce a blockchain-based service for corporate clients, enabling cross-border and account-to-account payments in US dollars and British pounds using tokenised deposits, with broader expansion planned for 2027

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MVB Bank Automates Compliance Checks With Bretton AI Partnership

MVB Bank is outsourcing its initial KYC and AML compliance screening to Bretton AI, aiming to boost efficiency and consistency while managing regulatory risk as its embedded finance and payments business grows

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ABN Amro Partners with Mistral AI to Advance Secure Banking Technology

ABN Amro is working with Mistral AI to develop artificial intelligence solutions tailored for European banking, aiming to strengthen data privacy, regulatory compliance, and reduce reliance on non-European tech providers

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Ordway Raises $20 Million to Boost AI in Billing Automation

Ordway, a Washington DC-based billing platform, has secured $20 million in new funding to accelerate its AI-driven automation and forecasting tools, aiming to double its research and development budget and expand into payment processing

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Belize Bank Modernises Digital Services with Backbase Banking OS

Belize Bank is overhauling its digital banking by integrating Backbase's AI-native Banking OS, aiming to streamline customer onboarding, unify business cash-flow visibility, and strengthen fraud prevention and identity verification

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