StoneX Group Inc. announced a strategic partnership with The Pathfinder Group, Ltd., (“Pathfinder”) to deliver institutional-grade cross-border payment capabilities for financial institutions.

This partnership allows Pathfinder’s client base of financial institutions using Pathfinder’s WITS™ (Wire Transfer System) to access StoneX’s institutional-grade infrastructure and expansive global payments network, reducing friction in cross-border transactions and providing a level of access previously unavailable. Removing intermediary banks from the payment flow improves foreign exchange rates, accelerates processing, and heightens transparency for financial institutions and their customers. 

By integrating with Pathfinder’s WITS™, StoneX expands its reach into financial institutions, a client segment that has historically lacked access to institutional-grade global payments and foreign exchange services. This partnership broadens StoneX’s reach, and reinforces its leadership in delivering efficient, compliant, technology-driven payments solutions across the financial services ecosystem.

Pathfinder’s WITS™ is a comprehensive daily wire processing platform that enables straight-through processing with direct connections to the Federal Reserve and core banking systems. Trusted for its fraud monitoring, compliance and reporting capabilities, Pathfinder strengthens its role as a trusted provider by giving clients faster cross-border transactions, more competitive foreign exchange rates, and expanded payment capabilities.

Thiago Vieira, Global Head of StoneX Payments, said:  
"Over time, through our close work with community banks and credit unions, we've recognized the critical need for a more competitive offering compared to what the market has traditionally provided. By partnering with a trusted enterprise like Pathfinder, StoneX is extending institutional-grade global payments to a broader client base while maintaining our commitment to delivering innovative, technology-driven solutions across the market."