Cross-border Payments

Cross-border Payments
QR Codes To Boost Cross-Border Commerce As The World Reopens For Business
July 01, 2021

For a lot of firms, the pandemic was an excuse to hit the pause button on building out their cross-border payment ambitions. It didn’t stop them entirely, Limonetik CEO Christophe Bourbier told Karen Webster, but it did deprioritize them in light of the fact that...

Cross-border Payments
Binance Users Shut Off From UK Faster Payments Network
June 28, 2021

Binance customers using U.K.-based payment system Faster Payments have been locked out, the Financial Times (FT) reported. 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...

Cross-border Payments
Big Banks Endorse SWIFT’s Global Transaction Management Platform
June 24, 2021

SWIFT’s new transaction management platform received an endorsement from six international banks, which are getting ready to harness the system’s new functionalities to allow for new services, bolster efficiency and decrease expenses when it launches in November of next year, according to a Thursday (June...

Cross-border Payments
Wise Brings Instant Money Transfers To Vietnam
June 24, 2021

Money transfer service Wise says it has given customers in Vietnam a faster way to receive money. 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...

Cross-border Payments
Google, Jio See Late Summer Release For High-Quality, Low-Cost Smartphone
June 24, 2021

Google and Jio Platforms said that work is progressing on their jointly developed made-for-India smartphone, adding that the release date is set for Friday, September 10, according to a Thursday (June 24) press release. The concept is to provide an affordable phone that will meet...

Cross-border Payments
NuOrder: Automation, Standardization Can Reduce Cross Border eCommerce Payments Fees
June 24, 2021

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Cross-border Payments
A South Korean Startup Tosses Its Hat Into The Super-App Ring
June 23, 2021

Another super app competitor is stepping into the increasingly crowded Asian market as South Korea’s largest FinTech startup, Toss, has announced it has raised roughly $400 million, bringing the firm’s total valuation to $7.4 billion. The Seoul-based, Viva Republica-owned startup is now setting its sights...

Europe
EU Commission Eyes Cyber Unit To Fight Large-Scale Attacks
June 23, 2021

The European Commission is busy forming a Joint Cyber Unit that will help to deal with rising cybercrime, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
June 23, 2021

In today’s top payments news around the world, WeRide has notched a $310 million infusion of capital from investors, while Dingdong has its sights set of a $6 billion valuation when it goes public in the United States. Plus, Amazon Payment Services has launched a...