Nium stories
The deal gives Nium specialist wallet and on-chain expertise as demand rises for payments that link cards, transfers and stablecoins.
Senior payments executives will debate fraud, instant transfers and AI-led commerce as Europe faces pressure to reduce dependence on non-European rails.
Financial institutions could move money faster and cut prefunding as the tie-up links USDC settlement to payouts in more than 190 countries.
Businesses can now move USDC through Nium's network and settle in fiat, cutting trapped liquidity across more than 190 countries.
Businesses holding about USD $200 billion in stablecoins can now spend them through Visa and Mastercard cards via one Nium API.
Nium strengthens global payments push with new chiefs for risk, technology and marketing as AI, stablecoins and regulation reshape the sector.
Visa partners with Nium to pilot stablecoin settlement, enabling near-real-time cross-border payments and reducing traditional delays and costs.
Multiplier has appointed Pratik Gandhi as Managing Director and Matt Carr as Chief Revenue Officer to bolster its growth amid global talent shortages.
Instarem's 2024 SME Spend Barometer reveals evolving spending habits of SMEs in Singapore, Australia and Malaysia amid economic pressures and digital transformation.
Travelex has partnered with global payments platform Nium to bring digital remittance services to Asia Pacfic customers.
Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.
