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...
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...
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...
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...
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...
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...
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...
A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social-media app, valuing it at roughly $50 billion — much more than its competitors, sources told Reuters. Get the Full Story Complete the form to unlock...
U.S. bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...