Global payouts are essential for businesses operating in international markets. To manage these payments effectively, businesses need reliable methods for both receiving and sending money worldwide. Modern payment solutions must support a variety of payout options, including banks, cards, and mobile wallets. However, each method comes with varying processing costs, settlement times, and fees, making... Read more » The post An Introductory Guide to Cross-Border Payouts first appeared on Thunes.| Thunes
Thunes, the Smart Superhighway to move money around the world, has announced the rollout of real-time cross-border payments into Saudi Arabia.| GlobalFinTechSeries
The Federal Reserve stated in 2022 that “the benefits of instant payments are increasingly important to consumers and businesses, and the ability to provide this service will be critical for financial institutions to remain competitive.” They were correct and, today, nearly $500 billion in real-time payments occur daily, and much of this activity takes place […] Visit WorkFusion. This content is property of WorkFusion, Inc. Any unauthorized use is prohibited.| WorkFusion
Foreign exchange risk is not a trivial issue. Global corporations move around $23.5 trillion across borders every year and pay an estimated $120 billion in transaction fees, a large share of which comes from FX spreads and conversion costs. Unmanaged FX risk adds unpredictable costs, slows settlements, and makes reconciliation harder. For businesses operating in... Read more » The post How to Manage Foreign Exchange Risk in Cross-Border Payments first appeared on Thunes.| Thunes
[vc_row][vc_column][vc_column_text]Join Federal Reserve Financial Services (FRFS) this fall at upcoming conferences, where industry experts and professionals will be engaging around the momentum for instant and faster payments adoption, fraud trends and latest prevention and mitigation tools and efforts, the value and opportunities of payments standards, and more. Here’s a preview of key events (Off-site). Jack Henry™ Connect: Sept. 8-11, San Diego, CA Jack Henry Connect (Off-site) offer...| FedPayments Improvement
The Federal Reserve engaged on innovations and trends that are transforming the payments industry this spring.| FedPayments Improvement
Learn about why payouts are the key to growth in the gig economy, future payout trends, and how Thunes is helping businesses adapt to the future of work.| Thunes - Payment infrastructure for a connected world.
Explore cross-border payments compliance, the best practices to navigate this complex challenge and the benefits of using a payment network to ensure compliance| Thunes - Payment infrastructure for a connected world.
A look back at industry events Federal Reserve Financial Services attended in fall 2024, where representatives discussed timely payments topics and trends.| FedPayments Improvement
At the 2024 Chicago Payments Symposium, attendees discussed work to advance the security and resiliency of global payment infrastructures.| FedPayments Improvement