Mambu and Mastercard team up to simplify Cross-Border Payments for Banks
What's happening
Mambu and Mastercard announced a strategic collaboration to help financial institutions using Mambu offer faster, safer and more transparent cross-border payments. The deal links Mastercard Move, Mastercard's suite of worldwide money transfer tools, to Mambu's Intelligent Core, the cloud-native banking platform. The partnership is billed as a way for banks to launch and scale international payment services without building complex infrastructure.
Why it's trending
Because banks want to add or scale cross-border payments quickly, and Mambu plus Mastercard Move promises an off-the-shelf route to do that now.
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If your bank runs on Mambu, Mastercard Move could let you add international transfers without rewriting your core tech stack today, here's how that works in simple terms.
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Original sources6
- Mambu and Mastercard team up to simplify Cross-Border Payments for Banks
Mambu and Mastercard have formed a strategic partnership designed to make it easier for banks to launch and scale cross-border payment services without undertaking complex infrastructure projects. Under the agreement,... read more The post Mambu and Mastercard team up to simplify Cross-Border Payments for Banks appeared first on Payments Industry Intelligence .
Payments Industry IntelligenceSep 29 - Mastercard partners with Mojaloop and AfricaNenda on payments in Africa
As countries across Africa continue to modernize their payment infrastructure, Mastercard is expanding its efforts to help build trusted and inclusive payment systems through strategic collaborations with The Mojaloop Foundation and AfricaNenda Foundation.
Finextra PaymentsSep 29 - Terrabank to streamline cross-border payments with TerraPay and Mozrt
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.
FinextraSep 29
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