Welcome to our October newsletter!
Check out our latest enhancements, designed with you in mind. Let’s take your global payments to the next level.
PRODUCT ENHANCEMENTS
Expanded Verify Coverage
Nium Verify now supports 20 additional EUR local corridors under the EU Verification of Payee (VoP) framework, enabling real-time account name verification across more Eurozone markets.
Nium now supports both half-width and full-width Katakana beneficiary names for local JPY payouts. This enhancement improves flexibility, boosts payout success rates, and reduces formatting errors for clients sending payments in Japan.
Nium Launches Global Collections to Power Cross-Border Collections for Banks
Nium has launched Global Collections for Banks. The new solution is designed to allow banks to offer local currency receivables to their customers in multiple countries.
Nium and Emirates NBD Expand
Real-Time Cross-Border Payments
Across the Middle East
Nium and Emirates NBD, a leading banking group in MENAT, have expanded their partnership across Emirates NBD Group in the UAE, further broadening access to real-time payouts across the region.
Nium and DBS Demonstrate How you Can Modernise Payments Without a System Overhaul
Nium and DBS, Asia’s leading financial services group, have partnered to redefining cross-border payments. DBS will combine their trusted network with Nium’s global real-time infrastructure to deliver unmatched speed, transparency, and certainty for businesses everywhere.
Nium Secures Payment Institution License
from Central Bank of Brazil
The Central Bank of Brazil has formally authorized Nium to operate as a Payment Institution (PI). This authorization enables Nium to offer locally regulated payment accounts and services in Brazil, including PIX, TEDs, boletos, and the issuance of prepaid cards once operational.
The Nium Group is operated by Nium Pte. Ltd. and its subsidiaries globally. Details of the
authorisation status of the Nium Group companies and their regulators can be found at