Cross-border Payments

Cross-border Payments
UK Regulator Probes NEC Software Solutions Merger With Capita
January 06, 2022

The United Kingdom’s competition watchdog has launched an investigation into NEC Software Solutions’ acquisition of Capita Secure Solutions and Services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cross-border Payments
Consumers, SMBs, Gaining Comfort With Cross-Border Payments
January 06, 2022

In a time of incredible instability, cross-border payments have helped kept the global economy moving. As a result, the transaction value of global remittance and cross-border payments is expected to rise from $37.2 trillion in 2020 to $39.9 trillion by 2026. Get the Full Story...

Cross-border Payments
India’s Quick Commerce Startup Dunzo Raises $240M Led by Reliance
January 06, 2022

India’s quick commerce startup Dunzo raised $240 million in a funding round led by Reliance Retail Ventures Limited, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital, according to multiple media reports. The company also counts Google as an earlier investor. Get...

Cross-border Payments
mPharma Raises $35M to Expand Healthcare Access in Africa
January 05, 2022

Ghana-based health tech startup mPharma has raised $35 million to build a chain of community pharmacies across Africa as it races to be the primary healthcare service provider for millions, TechCrunch reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this...

Cross-border Payments
theUp.co Nets $9.4M to Launch Hospitality ‘Super App,’ Hire Staff
January 05, 2022

London-based hospitality management platform theUp.co has raised $9.4 million (€8.3 million) on its mission to lead innovation in the hospitality sector, EU-Startups reported Tuesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
EBA: Asylum Seekers Needlessly Blocked by EU Banks
January 05, 2022

The European Banking Authority (EBA) says banks in the European Union are blocking asylum seekers and other customers in misguided attempts to adhere to anti-money laundering (AML) regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Payments Orchestration Smooths Cross-Border eCommerce Transitions
January 05, 2022

An unstoppable eCommerce train can find itself delayed at border crossings, so to speak, by expanding into new regions without first making sure their payments stack is good to go, too.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Indonesia Digital Bank Rights Issue Attracts Grab Subsidiary Carro, Other Supporters
January 05, 2022

Car marketplace Carro, a subsidiary of food delivery platform Grab, is among several companies slated to participate in a 4.8-trillion-rupiah (about $334 million) rights issue by Indonesian digital lender Allo Bank, Reuters reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock...

Cross-border Payments
Revolut Singapore Gets OK to Offer Silver, Gold Trading
January 05, 2022

FinTech Revolut has gotten permission from the Monetary Authority of Singapore (MAS) to allow customers to trade gold and silver on its app, finews.asia reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...