Cross-border Payments

Cross-border Payments
SBI’s Credit Card Division Seeks To Raise $1.1B With IPO
August 29, 2019

SBI Card & Payments Services Ltd, the credit card subsidiary of the State Bank of India (SBI), seeks to raise about 80 billion Indian rupees ($1.12 billion) with an initial public offering (IPO) this year, Deal Street Asia reported on Thursday (Aug. 29). Get the...

Cross-border Payments
MTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
August 29, 2019

The biggest telecom company in Nigeria has launched a mobile money transfer service intended to serve the country’s unbanked population, according to a report by Reuters. MTN said it will become a payment services bank as soon as it gets approval from Nigeria’s central bank. Get...

Cross-border Payments
Flywire, VPBank Team Up To Simplify Cross-Border Tuition Payments
August 29, 2019

Vietnam Prosperity Bank (VPBank) and Flywire, a tuition payment company, have joined forces to make it easier for Vietnamese students to make international tuition payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Negative Rates Have Danish Banks Snapping Under Pressure
August 28, 2019

Seven years of negative central bank rates in Denmark have financial institutions in a tailspin, Bloomberg reported on Wednesday (Aug. 28). 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
Apple Shows Reliance On China Ahead Of New Tariffs
August 28, 2019

Supply chain data from Apple indicates the tech firm is still dependent on China despite using manufacturing plants in Brazil and India, Reuters reported on Wednesday (Aug. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Huawei To Roll Out New Smartphone Line Despite Ban
August 28, 2019

Huawei Technologies will carry out its plan for a new high-end smartphone in Europe even without access to Google’s Android operating system and apps, Reuters reported on Wednesday (Aug.28).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Grab To Invest $500M To Grow Vietnam Jobs And Economy
August 28, 2019

Grab recently announced that it will invest $500 million into Vietnam, and are now revealing details about what they have planned for the country, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
US And France Reportedly Reach Digital Tax Deal
August 26, 2019

French President Emmanuel Macron said at a press conference on Monday (Aug. 26) that France and the U.S. have reached a deal to end the standoff over a French tax on big internet companies, The Hill reported. Get the Full Story Complete the form to...

Cross-border Payments
North Loop Banking Service Caters To International Students
August 23, 2019

A new bank account designed for international students was launched in the U.S., FinTechFutures reported on Friday (Aug. 23). 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...