Standard Chartered and Visa Partner on Cross-Border B2B Payments

PYMNTS.com— Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients. The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS. The solution will launch first for clients of Standard Chartered […]

PYMNTS.com—Brightwell Launches Cross-Border Payment Platform Focused on Reimbursements. Brightwell has launched a platform designed to let businesses deliver cross-border payments to their customers. The new Latitude platform does so based on the customer’s currency, location and payment method, the global payments technology company said in a Tuesday (April 23) press release. “Businesses across a variety of industries have made substantial investments in prioritizing the customer experience, striving to […]

CNBC—China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+. Ant introduced Alipay+ in 2020, allowing foreigners to use certain mobile payment apps from their home countries to scan Alipay QR codes to pay in China.

ETtech.com—Cross-border payments platform BriskPe raises $5 million seed funding from PayU. Digital payments major PayU has invested $5 million in Mumbai-based cross border payments platform BriskPe, the company said in a press note today. This is the first institutional funding round for the startup.The investment is part of PayU’s efforts to build a full stack payments platform across both domestic and international payments. It will help complement PayU India’s existing offerings for exports and imports, the company said.BriskPe was one of 30 early stage fintech startups which...