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Amid Heavy Sanctions, Russia Turns to the Chinese Yuan for Cross-Border Payments

The Russian Central Bank (RCB) said that roughly 50% of Russian cross-border payments are being made using currencies other than the euro and the dollar. In an article by Euronews, Russia seems to be gradually parting ways with currencies...

AvidXChange and Wise Partner on Cross-Border Payments

AvidXchange Holdings has expanded its international payment capabilities through a partnership with Wise Platform. With the partnership, the provider of accounts payable (AP) automation software and payment solutions for middle-market businesses and their suppliers will gain support for international payment...

Zodia Custody Introduces Service to Protect Against Crypto-Exchange Insolvency

Cryptocurrency storage provider Zodia Custody has rolled out a new service designed to protect clients' digital assets in case a crypto exchange becomes insolvent. The custodian, which is backed by Standard Chartered and Northern Trust, will allow clients to keep...

Airwallex and Plaid partner to offer an integrated ACH payments solution

Global FinTech Airwallex announced it has partnered with Plaid, the data network powering the digital financial ecosystem, to offer an integrated solution that can streamline Automated Clearing House (ACH) payments and enable a more seamless, safe and cost-efficient way...

Car IQ and Verra Mobility partner to offer customers a complete payment solution

Car IQ Inc., one of the leading providers of vehicle payment solutions, announced a partnership with Verra Mobility, one of the leading providers of toll management and smart mobility technology solutions, that will expand the companyโ€™s current offerings beyond...

C6 Bank selects Thought Machine’s Vault Core to power the innovation of financial services

C6 Bank, a full-service bank for individuals and businesses based in Sรฃo Paulo, Brazil, announced it will be usingย core banking technologyย from Thought Machine for innovative products, which will be announced shortly. C6 Bank offers banking services to more than 20...

TreviPay acquires Apruve, expanding on TreviPay’s order-to-cash technology offerings

TreviPay, a leader in global B2B payments and invoicing solutions, announced the signing of a definitive agreement to acquire payment platform Apruve. Apruve offers a robust suite of payment solutions for global enterprises that will complement and expand on...

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