Global Payments Infrastructure for Banks, FinTechs and Software Providers.
TransferMate – a subsidiary of CluneTech — is a provider of B2B payments infrastructure as a service, enabling companies to send and receive cross-border payments. It allows businesses and individuals to make cross-border payments in more than 201 countries and 141 currencies, with transparency of the transaction through to the point of final reconciliation. The company has created integrations for banks like ING and AIB, who are also investors.
Digital disruptors are seizing a growing share of the cross-border payments market. It may be time for banks to push back.
TransferMate and Barclays have announced a new collaboration that will bring an international receivables solution to the market.
Barclays Bank is collaborating with Irish payments unicorn TransferMate on the delivery of an international receivables package designed to reduce transfer costs for clients doing …