New IATA System Modernizes Airline Payment Settlements

New IATA System Modernizes Airline Payment Settlements

IATA is upgrading BSPlink to a "Next Generation BSPlink," enhancing the efficiency, security, and user experience of airline settlement, and supporting the future development of the aviation industry. This upgrade aims to streamline processes, improve data management, and provide a more modern and user-friendly platform for airlines and travel agents. The new BSPlink will offer enhanced functionalities and improved performance, ultimately contributing to a more efficient and secure global airline settlement system.

01/26/2026 Logistics Industry Insights
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Fed Hikes Payment Fees Exempts Fednow Service

Fed Hikes Payment Fees Exempts Fednow Service

The Federal Reserve announced an average price increase of 1.8% for traditional payment services, while keeping FedNow service fees unchanged. This move aims to recover costs and promote the FedNow instant payment system. The Fed is also introducing four payment system enhancements to improve efficiency and security, building a more modern payment ecosystem. The unchanged FedNow fees are likely intended to incentivize adoption of the new real-time payment platform.

01/30/2026 International Settlement
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Flywire Raises 100M in Series D Funding Led by Temasek

Flywire Raises 100M in Series D Funding Led by Temasek

Flywire secured $100 million in Series D funding led by Temasek to accelerate its global expansion and enhance local payment capabilities. Having processed over $8 billion in payments, Flywire empowers businesses with seamless cross-border payment solutions. The investment will further fuel the company's growth and innovation in the fintech space, solidifying its position as a leading provider of international payment services. This funding round underscores the growing demand for efficient and reliable cross-border payment solutions in today's globalized economy.

01/27/2026 International Settlement
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Comoros Strengthens Crossborder Payment Strategies Amid Dollar Fluctuations

Comoros Strengthens Crossborder Payment Strategies Amid Dollar Fluctuations

This article explores the exchange rate relationship between the US dollar and the Comorian franc, highlighting its significance in international payments. It analyzes the impact of exchange rate fluctuations on transaction decisions and offers optimization suggestions for cross-border payments. Choosing the right platforms and tools is crucial, particularly for small and large exchanges.

08/20/2025 Exchange Rate Query
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