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Terrabank selects TerraPay to power cross-border Pay-to-Account and Digital Wallet transactions via the Mozrt SmartRails™ Platform

Terrabank, a Miami-based community bank and affiliate of Grupo Promerica, today announced a strategic partnership with TerraPay, a global money movement company, and Mozrt, a payments technology platform, to modernize and streamline cross-border payments. The collaboration enables Terrabank to offer pay-to-account and digital wallets through the Mozrt SmartRails™ payment platform. Clients will experience enhanced international…

SEP 29, 2026 · 2 min read

Mambu and Mastercard join forces to simplify cross-border payments for banks

Mambu and Mastercard have today announced a strategic collaboration that will make it easier for financial institutions using Mambu to offer fast, secure and transparent cross-border payments. Through this collaboration, Mambu will connect Mastercard Move, Mastercard’s portfolio of global money movement capabilities, with its Intelligent Core, a cloud-native core banking and payments platform built to…

SEP 29, 2026 · 2 min read

Finastra Launches AI-Powered Repair Recommendations for Modern Payments Processing

Today at Sibos 2026 in Miami, Finastra announced the launch of Repair Recommendations – a new AI-powered capability within AI OperatorAssist. This move will help banks respond more quickly to growing payment activity by adding smarter decision-making into their existing workflows. Traditional payment processing issues like errors and disruptions cost the industry billions yearly, hinder seamless transactions, and…

SEP 29, 2026 · 2 min read

Changing lanes: Cross-border payment providers in new race to win SME loyalty

Nine in 10 (91%) small and medium-sized businesses (SMEs) trading internationally are set to switch their current cross-border payment provider in the next two years, according to Mastercard’s new Money in Motion report, compiled by Bain & Company. The findings point to a fast-changing market, as SMEs look for more efficient ways to move money across borders. The report, based on a survey of SMEs across 11 countries, suggests the market could…

SEP 29, 2026 · 5 min read

HSBC Adopts Nasdaq Calypso’s Enhanced Exchange-Traded Derivatives Platform

Partnering with Nasdaq, HSBC has adopted Nasdaq Calypso for the bank’s exchange-traded derivatives (ETD) clearing platform, providing HSBC with a fully integrated set of clearing capabilities. HSBC’s Derivatives Clearing Services already execute ETD transactions for institutional clients across 40 global futures exchanges, and clear ETDs and over-the-counter (OTC) derivatives through the world’s largest central counterparties…

SEP 28, 2026 · 2 min read

Aljazira Bank Selects Thunes to Power Next-Generation Global Remittances from Saudi Arabia

Thunes, the Smart Superhighway to move money around the world, has signed a new agreement with Aljazira Bank, one of Saudi Arabia’s leading financial institutions, to modernize and expand its international remittance services. Through this collaboration, Aljazira Bank will significantly enhance the speed and reliability of consumer remittances and broaden its payment catalogue with new endpoints…

SEP 28, 2026 · 2 min read

CMC Markets Announces New Strategic Partnership Unveiling CMC Funded

CMC Markets (“CMC”), a FTSE 250 company and global multi-asset financial services firm, has announced CMC Funded, a new simulated proprietary trading evaluation programme developed through a strategic partnership to identify and support trading talent. CMC Funded draws on CMC Markets’ technology, market expertise and trader insight. It operates separately to CMC Markets and is not…

SEP 28, 2026 · 3 min read

BNY Enables Pay-to-Wallet Solution, Helping Banks to Send Cross-Border Payments to Retail Digital Wallets

BNY (NYSE: BNY), a global financial services company, today announced the enablement of a Pay-to-Wallet capability, making it possible for banks to send cross-border payments from bank accounts to participating retail digital wallets, using existing SWIFT payment messages and correspondent banking infrastructure. BNY’s enablement of a Pay-to-Wallet solution combines its global payments capabilities, including its…

SEP 28, 2026 · 2 min read

Finastra launches Supply Chain Finance to Help Banks Accelerate Working Capital Growth

Today at Sibos 2026, Finastra announced Finastra Supply Chain Finance (SCF), a solution designed to help banks scale working capital programs faster and unlock growth. Integrated with Finastra’s Trade Innovation and Loan IQ platforms through the Nexus API suite, SCF enables banks to deliver connected trade, lending and supply chain finance services while accelerating time to market. …

SEP 28, 2026 · 3 min read

The PAY360 Awards shortlist is out, and it’s never been this hard to get on

The PAY360 Awards has today revealed the shortlist for 2026, and it is the strongest the awards have seen in nearly two decades. Record entries. Household names alongside fast-moving challengers. A field that reflects exactly what the payments industry looks like right now: competitive, innovative and showing no signs of slowing down. This is what nearly 20 years of industry recognition…

SEP 23, 2026 · 3 min read

ANNA and YouLend launch embedded finance for small businesses

ANNA, the UK business account that handles your admin so you don’t have to, has partnered with embedded finance provider YouLend to bring this funding into the ANNA app. Rather than applying for a loan and waiting weeks for a decision, the funding works as an advance on a business’s own trading history. Businesses receive…

SEP 23, 2026 · 3 min read