Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way across the globe, senders and receivers watch the proverbial game of telephone. Messages are lost, fees are layered on, tracking...
Cross-border payments company Nium has launched a collaboration with Bank Rakyat Indonesia (BRI). The partnership lets BRI’s 150 million-plus account holders — many of whom live in remote parts of Indonesia, a nation of 17,000 islands — make real-time international money transfers across a range of payment methods, according to a...
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept. 8) that Nium will instead focus on bolstering its workforce and expanding revenues, with an...
Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region. “APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust...
October 28, 2024
Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and the specter of fraud on the global stage. The basic principle behind cross-border payments — namely that the payee information is accurate — is a pain point, indeed a point […]
October 21, 2024
Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way across the globe, senders and...
June 14, 2023
When hiring and paying workers cross-border, companies can face payment hurdles and other barriers making the process more difficult, often requiring the use of specialized global payment platforms to get...
December 08, 2022
While COVID expanded remote work, fast global payments made the digital nomad lifestyle possible. At a time when headlines are filled with layoff announcements, including among the once-hot tech companies...
October 18, 2024
Cross-border payments company Nium has launched a collaboration with Bank Rakyat Indonesia (BRI). The partnership lets BRI’s 150 million-plus account holders — many of whom live in remote parts of Indonesia, a nation of 17,000 islands — make real-time international money transfers across a range of payment methods, according to a Friday (Oct. 18) news release. “By integrating Nium’s advanced technology […]
September 09, 2024
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept....
April 24, 2024
Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region....
February 05, 2024
Nium has received new payments licenses in India as it looks to expand in that country. The Singapore-based real-time payments FinTech announced Monday (Feb. 5) that it had gotten principle approval from the...
