Cross-border payments are immense, clocking in at $29 trillion in 2019 and projected to balloon to an estimated $39 trillion in the next two years. Moving that money securely and swiftly is another matter, however, as pandemic-induced chaos continues to roil markets and embolden hackers....
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 —...
The passage of time is a bit unusual in financial services. 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...
i2c has announced that it will work with global FinTech company Airwallex to enable the Airwallex Borderless Card for B2B payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Under the current administration’s trade policies, Chinese imports come with prohibitively high tariffs, approximately $370 billion or so each year. Several U.S. companies are consequently being strategic in how they maneuver around these additional financial challenges while sustaining the steady product supply vital to their...
Through an effort to enable cross-border payments, Postepay clients can now access the cross-border and cross-currency platform of Western Union to send funds around the world. The arrangement brings together the assets as well as expertise of Poste Italiane with Western Union, per an announcement. Get the Full...
