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...
An international association for central banks has issued a report that “aims to make lasting improvements in cross-border payments.” The current problem, according to the report, is that the payments setup “can be slow, expensive, unreliable” — or even unavailable in some countries. Get the...
The pandemic has upended daily life – and in payments, it is moving analog, face-to-face transactions toward the digital realm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Businesses are digitizing more rapidly these days, often tapping into new overseas markets and expansion opportunities created by COVID-19. They are also exhibiting increasingly robust cross-border payments capabilities, with a focus on simplicity and ease of operations internationally. Get the Full Story Complete the form...
MoneyGram is partnering with Uber in order to offer discounts on money transfers to over 200 countries and territories, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
FinTech payments startup Nium, based in Singapore, is getting a new round of funding led by new investors Visa and BRI Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Making cross-border payments work — across currencies and across time zones — is no easy task. 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...
Spanish bank and investment institution Santander has expanded its One Pay FX international payments system to include Mexico, according to a report by Cointelegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
