Cross-border Payments

Cross-border Payments
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more than 40 currencies, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
PBOC Puts Limits on Commercial Financing
January 14, 2022

The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management for the use of commercial bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
EMEA Daily: London BNPL FinTech Zilch Launches in Europe, Kenyan BNPL Startup Lipa Later Raises...
January 13, 2022

In today’s top Europe, Middle East and Africa news, the London-based buy now, pay later (BNPL) FinTech Zilch has launched in Europe, and the Kenyan BNPL startup Lipa Later has raised $12 million. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and piloting a successful beta launch in November 2020. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
EMEA Daily: WeTransfer to Seek Amsterdam IPO, UK Retailers Buoyed by Holiday Shopping Season
January 12, 2022

In today’s top Europe, Middle East and Africa news, WeTransfer is expected to seek an initial public offering (IPO) in Amsterdam, while U.K. retailers’ earnings forecasts have been buoyed by the holiday shopping season. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Ostrom Raises $5M to Go Green
January 11, 2022

The German energy supplier Ostrom is going green. 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...

Cross-border Payments
EMEA Daily: Fly Now Pay Later Snags $75M for Global Expansion, UK Financial Regulator to...
January 11, 2022

In today’s top Europe, Middle East and Africa news, Fly Now Pay Later snags $75 million for global expansion and the U.K.’s financial regulator plans to review data markets amid competition concerns. Get the Full Story Complete the form to unlock this article and enjoy...

Latin America
LatAm Payments Firm Ebanx Expects to Double Mexican Market
January 11, 2022

Payments firm Ebanx anticipates that it will double its business operations in Mexico for the second consecutive year as it moves to onboard 10 new retailers and launch its first office in the country with an expanded roster of employees. Get the Full Story Complete...

Cross-border Payments
Binance Names New Leaders for Russia, Ukraine
January 11, 2022

Cryptocurrency exchange Binance has named a pair of former government officials to take on new executive roles in its operations in Russia and the Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...