Latest news with #FXCIntelligence
Yahoo
2 days ago
- Business
- Yahoo
Money20/20 and FXC Intelligence Release Landmark Report on the Future of European Cross-Border Payments
Reimagining European Payments: The 2035 Roadmap AMSTERDAM, June 04, 2025--(BUSINESS WIRE)--Money20/20, the world's leading fintech show and the place where money does business, has in collaboration with FXC Intelligence, the foremost provider of cross-border payments data and insights, officially launched their joint report How Will Europe's Money Move in the Future? 2025's View of 2035." today at Money20/20 Europe in Amsterdam. The report delivers a forward-looking, data-driven analysis of how Europe's cross-border payments ecosystem is set to transform over the next decade. Based on proprietary data and interviews with over 50 European fintech leaders, the report identifies the technologies, regulatory trends, and market shifts expected to reshape Europe's financial infrastructure by 2035. The launch took place on the opening day of Money20/20 Europe, where hundreds of industry leaders, regulators, startups and innovators gathered to take part in the report's findings and engage in conversation about the future of money movement. Key Findings: Industry Priorities: 83% of leaders prioritize reducing transaction costs, while 82% focus on real-time payments expansion Technology Drivers: Real-time payments and digital wallets emerge as key transformation catalysts Market Leaders: UK, France, Germany, Netherlands, and Estonia lead innovation, with Wise (45%) and Revolut (37%) at the forefront Growth Outlook: Despite US tariffs potentially reducing projections by $1.2 trillion, sector growth remains strong "Europe is at the tipping point of a new era in money movement," said Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20. "This report captures the scale of transformation underway—from real-time payments to digital wallets—and the essential role that collaboration between fintechs, regulators, and legacy institutions will play in shaping what comes next." The report reveals that 94% of industry leaders expect Europe's cross-border payment infrastructure to transform significantly by 2035. Currently dominating with 46% of global retail cross-border payments, EMEA's outbound flows are projected to reach $25.9 trillion by 2032. The report highlights five critical priorities: Reducing transaction costs (83%) Expanding real-time payments (82%) Increasing payment speeds (74%) Integrating digital wallets (73%) Enhancing transparency (70%) "This report shows that change in Europe's payments landscape will be profound yet deliberate," said Daniel Webber, CEO and Founder of FXC Intelligence. "Europe's ability to harmonize regulatory leadership with innovation gives it a powerful edge as it builds the next chapter of global payments." About the report The white paper is the second in a global series from Money20/20 and FXC Intelligence examining the evolution of cross-border payments infrastructure. Following the Asia edition released in April this year, the Europe-focused report offers a regional deep dive that also contributes to a broader global view of money movement trends. The full report is available HERE View source version on Contacts For more information please contact:TIna LoncaricGlobal Head of PRMoney20/20tina@ M:+ 1 469 288 5556 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
3 days ago
- Business
- Associated Press
Money20/20 and FXC Intelligence Release Landmark Report on the Future of European Cross-Border Payments
AMSTERDAM--(BUSINESS WIRE)--Jun 4, 2025-- Money20/20, the world's leading fintech show and the place where money does business, has in collaboration with FXC Intelligence, the foremost provider of cross-border payments data and insights, officially launched their joint report How Will Europe's Money Move in the Future? 2025's View of 2035.' today at Money20/20 Europe in Amsterdam. The report delivers a forward-looking, data-driven analysis of how Europe's cross-border payments ecosystem is set to transform over the next decade. Based on proprietary data and interviews with over 50 European fintech leaders, the report identifies the technologies, regulatory trends, and market shifts expected to reshape Europe's financial infrastructure by 2035. The launch took place on the opening day of Money20/20 Europe, where hundreds of industry leaders, regulators, startups and innovators gathered to take part in the report's findings and engage in conversation about the future of money movement. Key Findings: 'Europe is at the tipping point of a new era in money movement,' said Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20. 'This report captures the scale of transformation underway—from real-time payments to digital wallets—and the essential role that collaboration between fintechs, regulators, and legacy institutions will play in shaping what comes next.' The report reveals that 94% of industry leaders expect Europe's cross-border payment infrastructure to transform significantly by 2035. Currently dominating with 46% of global retail cross-border payments, EMEA's outbound flows are projected to reach $25.9 trillion by 2032. The report highlights five critical priorities: 'This report shows that change in Europe's payments landscape will be profound yet deliberate,' said Daniel Webber, CEO and Founder of FXC Intelligence. 'Europe's ability to harmonize regulatory leadership with innovation gives it a powerful edge as it builds the next chapter of global payments.' About the report The white paper is the second in a global series from Money20/20 and FXC Intelligence examining the evolution of cross-border payments infrastructure. Following the Asia edition released in April this year, the Europe-focused report offers a regional deep dive that also contributes to a broader global view of money movement trends. The full report is available HERE View source version on CONTACT: For more information please contact: TIna Loncaric Global Head of PR Money20/20 [email protected] M:+ 1 469 288 5556 KEYWORD: NETHERLANDS EUROPE INDUSTRY KEYWORD: DATA MANAGEMENT BANKING PERSONAL FINANCE TECHNOLOGY PROFESSIONAL SERVICES PAYMENTS DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SECURITY NETWORKS FINTECH FINANCE SOURCE: Money20/20 Copyright Business Wire 2025. PUB: 06/04/2025 06:33 AM/DISC: 06/04/2025 06:33 AM
Business Wire
3 days ago
- Business
- Business Wire
Money20/20 and FXC Intelligence Release Landmark Report on the Future of European Cross-Border Payments
AMSTERDAM--(BUSINESS WIRE)-- Money20/20, the world's leading fintech show and the place where money does business, has in collaboration with FXC Intelligence, the foremost provider of cross-border payments data and insights, officially launched their joint report How Will Europe's Money Move in the Future? 2025's View of 2035.' today at Money20/20 Europe in Amsterdam. The report delivers a forward-looking, data-driven analysis of how Europe's cross-border payments ecosystem is set to transform over the next decade. Based on proprietary data and interviews with over 50 European fintech leaders, the report identifies the technologies, regulatory trends, and market shifts expected to reshape Europe's financial infrastructure by 2035. The launch took place on the opening day of Money20/20 Europe, where hundreds of industry leaders, regulators, startups and innovators gathered to take part in the report's findings and engage in conversation about the future of money movement. Key Findings: Industry Priorities: 83% of leaders prioritize reducing transaction costs, while 82% focus on real-time payments expansion Technology Drivers: Real-time payments and digital wallets emerge as key transformation catalysts Market Leaders: UK, France, Germany, Netherlands, and Estonia lead innovation, with Wise (45%) and Revolut (37%) at the forefront Growth Outlook: Despite US tariffs potentially reducing projections by $1.2 trillion, sector growth remains strong 'Europe is at the tipping point of a new era in money movement,' said Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20. 'This report captures the scale of transformation underway—from real-time payments to digital wallets—and the essential role that collaboration between fintechs, regulators, and legacy institutions will play in shaping what comes next.' The report reveals that 94% of industry leaders expect Europe's cross-border payment infrastructure to transform significantly by 2035. Currently dominating with 46% of global retail cross-border payments, EMEA's outbound flows are projected to reach $25.9 trillion by 2032. The report highlights five critical priorities: Reducing transaction costs (83%) Expanding real-time payments (82%) Increasing payment speeds (74%) Integrating digital wallets (73%) Enhancing transparency (70%) 'This report shows that change in Europe's payments landscape will be profound yet deliberate,' said Daniel Webber, CEO and Founder of FXC Intelligence. 'Europe's ability to harmonize regulatory leadership with innovation gives it a powerful edge as it builds the next chapter of global payments.' About the report The white paper is the second in a global series from Money20/20 and FXC Intelligence examining the evolution of cross-border payments infrastructure. Following the Asia edition released in April this year, the Europe-focused report offers a regional deep dive that also contributes to a broader global view of money movement trends. The full report is available HERE
Yahoo
3 days ago
- Business
- Yahoo
Money20/20 and FXC Intelligence Release Landmark Report on the Future of European Cross-Border Payments
Reimagining European Payments: The 2035 Roadmap AMSTERDAM, June 04, 2025--(BUSINESS WIRE)--Money20/20, the world's leading fintech show and the place where money does business, has in collaboration with FXC Intelligence, the foremost provider of cross-border payments data and insights, officially launched their joint report How Will Europe's Money Move in the Future? 2025's View of 2035." today at Money20/20 Europe in Amsterdam. The report delivers a forward-looking, data-driven analysis of how Europe's cross-border payments ecosystem is set to transform over the next decade. Based on proprietary data and interviews with over 50 European fintech leaders, the report identifies the technologies, regulatory trends, and market shifts expected to reshape Europe's financial infrastructure by 2035. The launch took place on the opening day of Money20/20 Europe, where hundreds of industry leaders, regulators, startups and innovators gathered to take part in the report's findings and engage in conversation about the future of money movement. Key Findings: Industry Priorities: 83% of leaders prioritize reducing transaction costs, while 82% focus on real-time payments expansion Technology Drivers: Real-time payments and digital wallets emerge as key transformation catalysts Market Leaders: UK, France, Germany, Netherlands, and Estonia lead innovation, with Wise (45%) and Revolut (37%) at the forefront Growth Outlook: Despite US tariffs potentially reducing projections by $1.2 trillion, sector growth remains strong "Europe is at the tipping point of a new era in money movement," said Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20. "This report captures the scale of transformation underway—from real-time payments to digital wallets—and the essential role that collaboration between fintechs, regulators, and legacy institutions will play in shaping what comes next." The report reveals that 94% of industry leaders expect Europe's cross-border payment infrastructure to transform significantly by 2035. Currently dominating with 46% of global retail cross-border payments, EMEA's outbound flows are projected to reach $25.9 trillion by 2032. The report highlights five critical priorities: Reducing transaction costs (83%) Expanding real-time payments (82%) Increasing payment speeds (74%) Integrating digital wallets (73%) Enhancing transparency (70%) "This report shows that change in Europe's payments landscape will be profound yet deliberate," said Daniel Webber, CEO and Founder of FXC Intelligence. "Europe's ability to harmonize regulatory leadership with innovation gives it a powerful edge as it builds the next chapter of global payments." About the report The white paper is the second in a global series from Money20/20 and FXC Intelligence examining the evolution of cross-border payments infrastructure. Following the Asia edition released in April this year, the Europe-focused report offers a regional deep dive that also contributes to a broader global view of money movement trends. The full report is available HERE View source version on Contacts For more information please contact:TIna LoncaricGlobal Head of PRMoney20/20tina@ M:+ 1 469 288 5556 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
20-05-2025
- Business
- Associated Press
XTransfer Named Among The Top 100 Cross-Border Payments Companies for 2025 by FXC Intelligence
HONG KONG SAR - Media OutReach Newswire - 20 May 2025 - XTransfer, the world's leading and China's No.1 B2B Cross-Border Trade Payment Platform, has been named for the first time to FXC Intelligence's Top 100 Cross-Border Payments Companies list for 2025. XTransfer's debut on this prestigious list places it among a select group of companies at the forefront of innovation, inclusion, and global financial connectivity. XTransfer Named Among The Top 100 Cross-Border Payments Companies for 2025 by FXC Intelligence FXC Intelligence, a leading data and intelligence provider for the cross-border payments industry, annually recognises the most influential companies in money transfers, payment processing, e-commerce, and B2B payments. This acknowledgement highlights XTransfer's increasing significance in the global payments ecosystem and emphasises its commitment to empowering companies involved in cross-border trade through innovative financial solutions. Founded in 2017, XTransfer has rapidly emerged as a key player addressing the unique challenges SMEs face in cross-border transactions. With a strong focus on the Asia-to-global and global-to-Asia trade corridors, the company now serves over 600,000 enterprises in more than 200 markets, processing more than $10 billion in monthly transactions. 'Being recognised by FXC Intelligence in this prestigious list is a tremendous honour and a testament to the trust our customers place in us,' said Bill Deng, CEO and Founder of XTransfer. 'We remain committed to removing barriers for SMEs in cross-border trade by offering efficient, secure, and affordable international payment solutions.' XTransfer's inclusion reflects its exciting global expansion over the past year. It has secured payment licenses in key U.S. states and Singapore, and has experienced significant traction in emerging markets. In Q1 2025, nearly 70% of XTransfer's platform customers were exporting to Asia, Africa, or Latin America, highlighting the platform's growing relevance in underserved regions. Recent innovations include the launch of the global mobile app and the rollout of its Local Currency Account, designed to simplify payments in emerging markets. Additionally, XTransfer has deepened its global reach through strategic partnerships with financial institutions such as Ecobank, Deutsche Bank, Terrapay and Banking Circle. Hashtag: #XTransfer #SMEs #FXC #Top100 #Crossborder #Payment The issuer is solely responsible for the content of this announcement.
