TransferMate, a B2B global payments infrastructure-as-a-service provider, has partnered with XTransfer, a B2B foreign trade FinTech platform. The partnership aims to expand market opportunities for importers and exporters, benefiting approximately 400,000 merchants, the companies said in a Friday (Nov. 24) press release. It will do...
Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. By leveraging TransferMate’s global payments infrastructure, the new solution will allow Barclays clients operating in British pounds (GBP) to invoice their customers in more than 60 currencies and 67 countries and...
TransferMate has launched an embedded solution that facilitates cross-border payments. The new TransferMate Connect enables banks and financial institutions to integrate with the firm’s global payments infrastructure to build payment products for their customers, according to the firm’s website. “TransferMate Connect will enable banks and...
Bit by bit, stablecoins may crowd out other cryptos — and here we mean the digital offerings not backed by fiat or other holdings — in commercial (B2B) commerce. A few recent headlines bear out that sentiment. On Tuesday (June 7), for example, payments...
June 06, 2022
Convenience is marking a new wave across different industries, and in the business-to-business (B2B) cross-border payments space, it’s no different. Today, about 98% of all cross-border business payments are managed through the SWIFT banking system, which enables the execution of payment transaction flows between financial institutions and banks worldwide. But according to Terry Clune, founder […]
January 20, 2021
Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. For some organizations, the processes...
January 15, 2021
When the pandemic drove professionals to work from home, business leaders began accelerating their digitization roadmaps. Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the...
December 01, 2020
Legacy cross-border payment methods that may have been inconvenient but endurable in 2019 no longer serve firms’ needs in 2020. Last year saw 68% of companies using wire transfers to...
December 12, 2023
Singapore-based payment solutions provider Lightnet partnered with B2B global payments infrastructure-as-a-service provider TransferMate. Lightnet will integrate TransferMate’s global payments network within its platform, enabling Lightnet to expand its services to a wider client base, the companies said in a Monday (Dec. 11) press release. These new capabilities will allow Lightnet’s customers to establish virtual bank […]
November 27, 2023
TransferMate, a B2B global payments infrastructure-as-a-service provider, has partnered with XTransfer, a B2B foreign trade FinTech platform. The partnership aims to expand market opportunities for importers and exporters, benefiting approximately...
May 08, 2023
Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. By leveraging TransferMate’s global payments infrastructure, the new solution will allow Barclays clients operating in British...
February 23, 2023
TransferMate has launched an embedded solution that facilitates cross-border payments. The new TransferMate Connect enables banks and financial institutions to integrate with the firm’s global payments infrastructure to build payment...
