Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of Global Collections for banks, a new solution designed to allow banks to offer local currency receivables to their customers in multiple countries. Nium’s Global Collections is a white-label solution that enables banks to offer multi-currency collection accounts directly to their customers, powered by Nium’s virtual account infrastructure and APIs. Banks can issue customer-named, local currency collection accounts in key markets, giving...