For all the innovation that domestic payments infrastructure has witnessed in recent years, cross-border transactions largely remain, in a word, inefficient. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Mike Massaro, CEO of Flywire, believes that in our quickly digitizing and global economy, cross-border payments are key to business success. In The Connected Economy’s Power Source – CEO Edition, Massaro breaks down what can hamper expansion and how digital tools can aid progress. Get...
Sid Singh, president, U.S. information solutions for Equifax, discusses how the pandemic has created the ideal environment for a digital payments migration – and why he believes the convergence of eCommerce and consumer finance has only just begun. Ready more in The Connected Economy’s Power...
Silicon Valley’s Drip Capital has inked a deal with East West Bank that will provide the financial technology company with a $40 million line of credit. The FinTech said, in a press release, that it would use the money to expand its trade finance opportunities...
In the race to bring central bank digital currencies (CBDCs) to market, central banks’ efforts and progress run the gamut from exploratory (such as in the U.S.) to fully-launched (such as in the Bahamas). Get the Full Story Complete the form to unlock this article...
The old saw about thinking globally but acting locally has never been more important than it is right now in the world of global payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cross-border commerce has become central to the success of countless United States and United Kingdom businesses, many of which are looking abroad for new growth opportunities. PYMNTS’ latest research shows that cross-border sales make up 26 percent of the total annual average for U.S. and...
Western Union Business Solutions, the payments arm of Western Union, is looking at expanding its cross-border payment services for business customers, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as a money transfer company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
