Cross-border Payments

Cross-border Payments
RapiCredit Eyes Expansion to Caribbean Markets, Brazil
March 02, 2022

Colombia-based, short-term lending startup RapiCredit is in talks with business groups in Brazil and the Caribbean about expanding into those regions, The Rio Times reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
EU Mulls Blocking Russian Banks From SWIFT, but Big Name FIs Are Missing
March 02, 2022

The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
China Will Sit Out Russia Sanctions, Regulator Says
March 02, 2022

China is opposed to unilateral financial sanctions against Russia and will not join Western countries in imposing them, the head of the country’s banking and insurance regulator says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Midmarket Firms Seek Cross-Border Payments Stability, Convera CEO Says
March 02, 2022

No matter the vertical, the world in which enterprises operate is ever more complicated. Supply chains are constrained. Interest rates are volatile. And currencies gyrate wildly against one another on the threat that the current Russia-Ukraine conflagration might escalate and spread. Get the Full Story...

Cross-border Payments
Sale of Walgreen’s Boots in Flux in UK With Less Bidders, Market Upset
March 01, 2022

The multibillion-pound sale of U.K. drugstore Boots has been derailed after a possible buyer walked away and several bidders raised concerns about financing a deal in the midst of Russia’s invasion into Ukraine, Financial Times reported Tuesday (March 1). Get the Full Story Complete the...

Cross-border Payments
Austria’s Raiffeisen Bank Suspends Dividend, Refuses to Leave Russia
March 01, 2022

The CEO of Austria’s Raiffeisen Bank, which has seen its market price halved in the last few weeks because it had a lot of exposure to Russia, doesn’t plan to pull out of the country in the wake of the recent war, Financial Times reported...

Cross-border Payments
EMEA Daily: UK Media Regulator Investigates Russian TV Station Over Ukraine Coverage; Payhawk Becomes Bulgaria’s...
March 01, 2022

In today’s top Europe, Middle East and Africa news, the U.K.’s broadcasting watchdog is investigating a Russian-backed TV station over alleged bias in its coverage of the Ukraine invasion, while payments platform Payhawk has become Bulgaria’s first unicorn. Get the Full Story Complete the form...

Cross-border Payments
UK Media Regulator Investigates Russian TV Station Over Ukraine Coverage
March 01, 2022

The United Kingdom’s media watchdog is investigating the Russian-backed TV station over alleged bias in its coverage of the Ukraine invasion, the agency announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Latin America
PYMNTS Intelligence: Why Seamless Payments Are Key for Latin America’s Growing Subscription Economy
March 01, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...