Cross-border Payments

Cross-border Payments
TikTok ‘Shocked’ By Trump’s Executive Order
August 07, 2020

In its first public statements about President Donald Trump’s executive order to ban TikTok, the Chinese company said it is “shocked” the edict was issued without due process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Tencent Stock Drops After Trump Bans WeChat
August 07, 2020

It didn’t take long for China’s market to react to President Donald Trump’s executive order banning WeChat. 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
Visa’s Bill Sheley: Eliminating FX Uncertainty Boosts Cross Border Commerce
August 07, 2020

Global travel may be down, and border restrictions remain in-place, but that doesn’t mean cross-border payment volumes have taken a hit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Trump Bans ByteDance’s TikTok, Tencent’s WeChat
August 07, 2020

Citing data security issues, President Donald Trump issued two executive orders Thursday night (Aug. 6) banning TikTok and WeChat from the U.S. 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
Western Union Expands Banking Tie-Up In Brazil
August 06, 2020

Western Union Co., the cross-currency payments and money mover, announced Thursday (Aug. 6) it has expanded services between its business solutions division and Banco Semear, the Brazil bank, to offer GlobalPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
As Clock Ticks On TikTok Saga, Ripple Effects For US Tech?
August 04, 2020

The saber-rattling between China and the U.S. is heating up — with boardroom as battleground, and with some of the biggest U.S. companies as potential casualties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Global Remittances May Fall By $109B In 2020
August 03, 2020

If it takes a year to contain the COVID-19 pandemic and reopen economies, global payments could fall by as much as $108.6 billion this year, according to Asian Development Bank (ADB) economists. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
PayU Taps Feedzai To Protect Its LATAM Payment Networks
July 29, 2020

Online payment tech company PayU is teaming up with cyber-fraud prevention firm Feedzai to beef up its network protections in a key global market, the companies announced on Wednesday (July 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
July 29, 2020

With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs) to cut their use of the SWIFT financial messaging network for cross-border transactions. The bank’s messaging applies to Hong Kong...