Cross-border Payments

Cross-border Payments
SWIFT Launches Service For Low-Value Cross-Border Payments
October 01, 2020

SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized businesses (SMBs) and consumers who send low-value payments across borders. Get the Full Story Complete the form to unlock this...

Cross-border Payments
UK Faces $30B In COVID Loan Losses
September 30, 2020

The U.K. government now estimates its losses from the pandemic could hit 23 billion pounds (about $30 billion), Bloomberg reported, coming from loans used to help businesses affected by the crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Amazon Expands Into Singapore
September 30, 2020

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Today In Payments Around The World: AmEx, Amazon Launch British SMB Cards; Volopay Collaborates With...
September 30, 2020

In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming with Nium for a new and enhanced corporate credit card. Plus, Intelage has notched $3.5 million in...

Cross-border Payments
Closing Latin America’s $350B SMB Trade-Finance Gap
September 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Decision On TikTok Ban Coming Sunday
September 25, 2020

The high-stakes court decision on whether to allow a ban of video-sharing app TikTok set to take effect Sunday (Sept. 27) is expected this weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
New $54 Mobile Phones Could Broaden Reliance’s Reach In India
September 24, 2020

India is looking at not only vocal about local commerce, but also domestically produced phones and localized payments. 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...

Cross-border Payments
Today In Payments Around The World: FreshBooks Acquires Facturama; Virgin Money Lands $44.7M From RBS...
September 24, 2020

In today’s top payments news around the world, FreshBooks said it has acquired the Mexico-based eInvoicing firm Facturama, while Virgin Money said it landed the equivalent of $44.7 million from the U.K.’s Capability Innovation Fund. Plus, TikTok’s owner has asked that a federal judge temporarily...

Cross-border Payments
PayPal, Mastercard Add 5 EU Countries To Debit Card Offering
September 23, 2020

PayPal and Mastercard are bringing the PayPal Business Debit Mastercard to more businesses in Europe. The companies said in a Wednesday (Sept. 23) announcement that the card is now available in France, Austria, Italy, Ireland and Spain beyond its current availability in the United Kingdom,...