Cross-border Payments

Cross-border Payments
Unifimoney Partners With Nium For Real-Time Global Transfers 
October 21, 2020

Silicon Valley neobank startup Unifimoney is partnering with Singapore FinTech startup Nium for real-time money transfers across the globe, the companies said in a statement on Wednesday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Emburse, TransferWise Team To Automate Cross-Border Expense Reimbursements
October 20, 2020

Emburse, which works in expense management and accounts payable automation, has launched Emburse Global Reimbursements, intended to help pay employee expenses in a more efficient, cost-effective way. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Brazil Planning IPO For State-Run Digital Bank
October 20, 2020

Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal, according to a Reuters report on Tuesday (Oct. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Mastercard’s Priceless Planet Coalition Adds Members To Fight Climate Change
October 20, 2020

Mastercard has announced the expansion of the Priceless Planet Coalition to continue combating climate change, a press release says, with dozens of new contributors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
October 18, 2020

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
China Drafts Updates To Commercial Bank Regulations
October 16, 2020

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft of updates to legislation applicable to commercial banks, Reuters reported. Get the Full Story Complete the form to unlock this...

Cross-border Payments
No Deal For Russia’s Yandex Merger With Tinkoff Group
October 16, 2020

Russian search giant Yandex said in a statement on Friday (Oct. 16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Report: Trump May Put Ant Group On Trade Blacklist
October 14, 2020

The U.S. State Department has proposed President Donald Trump add FinTech Ant Group, which has strong ties to the  Alibaba Group empire, to a list of foreign companies to which U.S. companies cannot sell certain technology, Reuters reported Wednesday (Oct. 14), citing sources. Get the...

Cross-border Payments
Today In Payments Around The World: Nuvemshop Lands $30M In VC Round; Alibaba Speeds Up...
October 14, 2020

In today’s top payments news around the world, Nuvemshop, a LATAM alternative to Shopify, has notched $30 million in a venture capital round, while Alibaba is going deeper with its ShipStation partnership. Plus, PayPal is rolling out its PayPal “Pay in 3” buy now, pay...