Cross-border Payments

Cross-border Payments
Boris Johnson Unveils 4-Step Plan To Reopen UK In June
February 23, 2021

England’s lockdowns could be easing up soon with a new four-step plan, according to a BBC report. 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...

Cross-border Payments
Today In Payments Around The World: Mastercard, ACI Team On Real-Time Payments In Peru; TransferWise...
February 22, 2021

In today’s top payments news around the world, Mastercard and ACI Worldwide are teaming to advance real-time payments in Peru, while TransferWise is changing its name to Wise. Plus, UK Finance is looking at international expansion for financial services in the country. Get the Full...

Cross-border Payments
Mastercard, ACI Worldwide Partner To Advance Real-Time Payments In Peru
February 22, 2021

Mastercard and ACI Worldwide are teaming up to advance real-time payments in Peru in collaboration with Cámara de Compensación Electrónica (CCE). “The volume of immediate transfers that we process each month has more than quadrupled. In January 2020, we processed 580,000, a number that increased...

Cross-border Payments
Industry Group Eyes Global Expansion For UK Financial Services
February 22, 2021

The trade group UK Finance “has set out proposals to place the financial services industry at the heart of the U.K.’s post-COVID-19 economic recovery, with an ambitious strategy to boost U.K. exports of financial services,” per a news release. Get the Full Story Complete the...

Cross-border Payments
MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
February 22, 2021

Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the participants in China’s digital yuan research program, Reuters reported on Monday (Feb. 22). Get the Full Story Complete the form to...

Cross-border Payments
TransferWise Rebrands To Wise
February 22, 2021

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...

Cross-border Payments
Today In Payments Around The World: China’s SPH Health Commerce Lands $159.7 Million; Singapore May...
February 19, 2021

In today’s top payments news around the world, Chinese healthcare company SPH Health Commerce has landed approximately $160 million in a Series B funding round, while The Singapore Exchange is reportedly considering listing blank-check companies. Plus, Signet Partners has invested an undisclosed amount in Singapore’s...

Cross-border Payments
Today In Payments Around The World: KreditBee Lands $75 Million In Series C Round; Lakestar’s...
February 18, 2021

In today’s top payments news around the world, India-based KreditBee has raised $75 million in a Series C round, while Lakestar Founder Klaus Hommels has launched a special purpose acquisition company (SPAC). Plus, Chinese retail solutions startup DMall is said to be considering a plan...

Cross-border Payments
Chinese Grocery App Dingdong Maicai Considering US IPO
February 18, 2021

Chinese grocery app Dingdong Maicai is considering an initial public offering (IPO) in the U.S. to advance expansion in the fresh food delivery market, Bloomberg reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...