Cross-border Payments

Cross-border Payments
BoE Opens Brexit Lending Relief Value
July 06, 2016

The Bank of England, amid the volatility in world markets following the surprise and shock of the Brexit vote last month, has now moved to shore up England’s economic wellbeing, pulling back on bank capital requirements. Get the Full Story Complete the form to unlock...

Cross-border Payments
Brexit Spurs Data Privacy Problems
July 06, 2016

The EU has notoriously strict data privacy rules – email, pictures, health records – under the law all must be transferred within the trading bloc itself or with counties that promise “adequate” levels of protection. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Will Brexit Make BoA Nix Its MBNA Sale?
July 05, 2016

Now that the Brexit has left the UK stricken with Bregret, international corporations are starting to come to terms with the thousands of wrenches Britain’s EU withdrawal has thrown into the gears of their operations. For some, like Bank of America, those wrenches are enough to call out...

Cross-border Payments
What Brexit Means For The UK’s Small Banks
July 05, 2016

Britain’s small specialist lenders may have a hard time facing the fallout of Brexit, The New York Times reported on Sunday (July 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Europe’s VCs Have The Brexit Blues
July 05, 2016

Almost as soon as confirmed reports of Leave’s victory over Remain started pouring in, the thinkpieces and hot takes started reacting to the doom-and-gloom future that surely awaited Britain’s financial fate. Normally, knee-jerk reporting leads to hasty conclusions – but in this particular case, the...

Cross-border Payments
ING Launching Europe-Wide Banking Platform
July 04, 2016

ING Group announced on Friday (July 1) that it is planning to launch a Europe-wide website that will enable its customers to handle their bank account services, including money transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
MasterCard Mentors Brazilian FinTechs
July 04, 2016

MasterCard is partnering with Brazilian banking giant Itaú and Redpoint eVentures to foster local tech startups. 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...

Cross-border Payments
What Brexit Will Mean For UK’s Debt Load
July 04, 2016

The Brexit impact extends beyond stock and bond market to hit fiscal policy as well. 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...

Cross-border Payments
Britain’s ‘Independence Day’ May Leave FinTech Shackled
July 04, 2016

One week (and then some) later, Brexit still resonates though roiled markets have calmed. A bit For British FinTech innovation and funding, the answer may be to “move it or lose it.”