Cross-border Payments

Europe
EMEA Daily: PayU-BillDesk Deal Collapses at Last Minute; Italian Court Cancels $169M Fine Against Apple,...
October 03, 2022

Today in Europe, the Middle East and Africa, the Dutch technology firm Prosus announced that it has cancelled a planned takeover that would have seen its FinTech arm PayU merge with the Indian payment firm BillDesk. In Italy, a court has overruled a $169 million...

Cross-border Payments
Stablecorp, Shift Markets Build Canada-US Cross-Border Payments Rail
October 03, 2022

Global digital asset infrastructure firms Stablecorp and Shift Markets are collaborating to establish a cross-border payments and foreign exchange (FX) rail that uses the Algorand blockchain and allows assets to flow between Canada and the United States.  Get the Full Story Complete the form to...

Cross-border Payments
SWIFT Plots Real-Time Role for Next 50 Years of Cross-Border Payments
October 03, 2022

This article is the first in a new series dedicated to organizations that are the biggest changemakers in the cross-border payments industry, where consumers have long waited to see cheaper, faster and more transparent transactions. Thanks to a multitude of disruptive FinTech startups, as well...

Europe
EMEA Daily: Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
September 30, 2022

Today in Europe, the Middle East and Africa, H&M announced that it will trial charging a fee when customers return items they’ve purchased online and Klarna has teamed with CellPay to offer buy now, pay later (BNPL) on cell phone minutes. Get the Full Story...

Cross-border Payments
Real-Time Cross-Border Payments Open New Markets for SMBs
September 30, 2022

Cross-border payments have traditionally been complex, process-heavy affairs. 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 Today. By completing this form, you...

Cross-border Payments
US FinTech Synapse Eyes Expansion Into India, LatAm
September 29, 2022

U.S. FinTech Synapse, which provides U.S. checking accounts to abroad clients, is close to 1 million Brazilian accounts and will be looking to expand to other countries in Latin America and India. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
FinTech Platforms Help Connect African Stock Markets, Drive X-Border Investing
September 29, 2022

While investment apps have done much to democratize the process of buying and selling securities, they typically operate in silos and only give access to exchanges within a single country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Europe
EMEA Daily: Worldline Acquires 40% Stake in Dutch PSP Online Payment Platform
September 29, 2022

In today’s Europe, the Middle East and Africa (EMEA) news, Worldline announced that it is set to acquire a stake in Online Payment Platform and London-based Liberis raised $154M to expand its small business funding platform. Get the Full Story Complete the form to unlock...

Europe
EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
September 28, 2022

Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency (CBDC) interoperability, and Satispay becomes the latest Italian unicorn. Get the Full Story Complete the form to unlock this article...