Cross-border Payments

Cross-border Payments
TikTok Deal With Oracle Faces Tough Road To US Approval, Experts Say
September 17, 2020

ByteDance’s bid to retain ownership of TikTok in the United States through a “partnership” with Oracle faces long odds of winning White House approval, according to former national security advisors and regulatory lawyers interviewed by Reuters. Get the Full Story Complete the form to unlock...

Cross-border Payments
Virgin’s Richard Branson Raising Capital For Acquisition Opportunities
September 17, 2020

A company recently created by billionaire Virgin Atlantic Founder Richard Branson plans to raise between $400 million and $460 million to acquire a yet-to-be identified business that is available at an attractive price due to the COVID-19 pandemic, according to a Wednesday (Sept. 16) filing...

Cross-border Payments
SWIFT To Create New Cross-Border Real-Time Rails
September 17, 2020

SWIFT, a global provider of secure financial messaging services, announced Wednesday (Sept. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Flywire, Mastercard Team On Cross-Border Tuition Payments
September 17, 2020

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Today In Payments Around The World: WorldRemit Introduces Tracking App; SBM Bank India Collaborates With...
September 16, 2020

In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. Plus, Standard Chartered and Amazon.ae are launching a new installment payment method...

Cross-border Payments
Decision Expected Soon On TikTok-Oracle Deal
September 16, 2020

President Donald Trump is expected to decide shortly whether the sale of TikTok, the China-based short video-sharing app, to Oracle Corp. is a go, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Flipkart To Add 70K Hires For India’s Diwali Holiday-Shopping Season
September 15, 2020

Walmart’s Indian subsidiary, Flipkart, reportedly plans to hire 70,000 new employees and indirectly employ many more in needed delivery work as it gears up for a big boost in online shopping around the religious holiday Diwali. Get the Full Story Complete the form to unlock...

Cross-border Payments
China’s Consumer Rebound Not Enough To Boost Luxury Retail
September 15, 2020

A positive data point, indeed — but perhaps not much more than that. 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....

Cross-border Payments
Visa’s Click To Pay Rolls Out In Canada
September 15, 2020

To reshape the digital checkout experience for retailers and shoppers, Visa Canada has unveiled the extension of Click to Pay to Canada. The offering helps consumers make safe and fast purchases across different retailers and platforms, as a “digital-first explosion has ushered in the next generation...