Cross-border Payments

Cross-border Payments
How The Global Pandemic Fast Tracked Mobile Payments In India
June 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
UK Airport Gatwick Says It Will Take 4 Years For Travelers To Return
June 15, 2020

Passenger demand at Gatwick, London’s second-largest airport, could remain depressed for the next three or four years as the travel sector continues to deal with the fallout of the pandemic, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
AmEx Cleared To Process Transactions In China
June 14, 2020

American Express has won initial approval from the People’s Bank of China (PBOC) to process the nation’s currency, the global financial services network announced in a press release Saturday (June 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Smarter Payments Are Crossing Borders
June 11, 2020

Cross-border payments are immense, clocking in at $29 trillion in 2019 and projected to balloon to an estimated $39 trillion in the next two years. Moving that money securely and swiftly is another matter, however, as pandemic-induced chaos continues to roil markets and embolden hackers....

Cross-border Payments
eCommerce Helps Women Hard Hit By India’s Shutdowns
June 10, 2020

When India moved to formally shut its economy down by closing workplaces and other public spots over COVID-19, over 120 million Indians lost their jobs. But one group was hit most critically in that collapse of employment  — women, according to The New York Times. Get...

Cross-border Payments
France’s Fund Aims To Rescue Tech Startups From Takeovers
June 05, 2020

Looking for a way to protect technology companies from becoming prey to foreign buyers, France has created a fund to bail out startups. 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
British FinTech Besieged By Parents’ Complaints Over School Refunds
June 04, 2020

Hundreds of angry British parents are fighting for refunds from ParentPay Limited Co., the online school payments firm. 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
Spain Could Slowly Open Borders To Tourists By End Of June
June 03, 2020

After previously setting July 1 as the date to reopen for international tourism, which comprises 12 percent of its output, Spain is at work on plans to slowly allow tourists from nations determined to be safer when it comes to fighting the pandemic. The country...

Cross-border Payments
Chinese Giants Baidu And Midea Launch Joint Smart Appliance Push
June 03, 2020

Homeowners in China and beyond will soon be able to use smart speakers to turn on the lights and control the microwave under a new partnership between Chinese search and artificial intelligence giant Baidu and smart device manufacturer Midea Group. Get the Full Story Complete...