The movement of money cross-border by Global Citizens is growing tremendously. What’s needed, Flywire CEO Mike Massaro tells Karen Webster isn’t a money transmission network but a collection network that solves a pretty big problem for the receiving institution. Massaro’s conversation kicks off the Top...
Global money transfer firm TransferWise is getting ready to free itself from reliance on banks. The five-year-old London-based start-up has long advertised itself (colorfully) as the transparent alternative to banks when it comes to moving money around the world — but in the background, TransferWise still...
Seeking medical care can be a difficult and expensive experience, especially for those who need to cross borders to get treatment. David Herrick, Flywire’s general manager for health care, sat down with Karen Webster to discuss the burgeoning cross-border health care payments market and how...
What’s so hard about paying contract workers who work cross-border in a variety of far-flung locales and who want to be paid in the currency easiest for them to use in their home countries? Nothing, if those workers don’t mind wondering when their paycheck will...
Thousands of athletes are staying in the Rio Olympic and Paralympic village, but what happens to all of the furniture after they leave town? One company is working to auction off more than 200,000 of those chairs, tables, beds and other pieces of furniture to...
Thousands of athletes are staying in the Rio Olympic and Paralympic village, but what happens to all of the furniture after they leave town? One company is working to auction off more than 200,000 of those chairs, tables, beds and other pieces of furniture to...
Instra, based in Melbourne, Australia, provides an extensive domain name service to a global market. The company’s portfolio covers the gamut, from the dot.coms and the dot.DEs (Denmark) to high-risk sites such as gaming and triple-X adult websites, which other companies don’t want to touch....
There’s a global phenomenon afoot that takes the notion of cross-border payments to a new level – the high value-low frequency transactions made by a whole new category of sender – the Global Citizen. These individuals aren’t wealthy by most developed country standards – with...
It seems like the biggest retailers’ legal departments never have much of a shortage of things to stress over, and just in case any merchants’ counsel was planning on taking a vacation anytime soon, the recent passage of updated overtime regulations surely put a stop...
