Overall there was a small increase in the last financial year with Japan improving, but many markets such as Hong Kong, Thailand, India and Australia heading in the wrong direction.
Visa-owned Currencycloud is working to expand its client base in China. In a discussion with CT, Rohit Narang, leader of the firm’s Cross-Border Solutions, highlighted the markets’ significant growth potential.
Global payments system says its cross border payments are reaching banks within an hour but wholesale payments and interoperability between markets will remain a key focus.
Founder and chief executive officer Riccardo Capelvenere spoke to CT about the company’s origins and the opportunities it sees in the embedded finance space.
Former Citi and JP Morgan employee, Jerome Kemp joins the fintech firm as president, bringing experience from senior positions held in Paris, London and Tokyo.
