Cross-border Payments

Cross-border Payments
Santander Expands One Pay FX To Mexico
March 30, 2020

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 —...

Cross-border Payments
Western Union Debuts Video, Voice Tool For Home Money Transfers
March 26, 2020

Cross-currency money transfer firm Western Union has announced the launch of Digital Location, a new tool that enables people to send money from home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
As China’s Banks Encourage Loans, Default Fears Mount
March 23, 2020

More than 12 state-owned financial institutions in China are offering incentives to boost consumer lending despite an increase in the number of people defaulting, a report in The Financial Times (FT) indicated on Sunday (March 22). Get the Full Story Complete the form to unlock this...

Cross-border Payments
Sweden Fines Swedbank $386M For AML Missteps
March 20, 2020

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money laundering issues in the Baltic region, according to Reuters Thursday (March 19). Get the Full Story Complete the form to...

Cross-border Payments
Grab And IMDA Team Up On Singapore Business Accelerator
March 17, 2020

Grab, a Southeast Asian app, and the Infocomm Media Development Authority (IMDA) have teamed up to run an accelerator meant to jumpstart Singapore startups and help them to expand to other countries, according to a report by Deal Street Asia. Get the Full Story Complete...

Cross-border Payments
German Travel Booking Firms Prepare For Border Closures
March 16, 2020

The coronavirus pandemic has wreaked havoc on travel companies all around the world, especially airlines, but other companies with travel-facing businesses are being adversely affected as well, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Planning For Recovery: Lessons Learned From China
March 16, 2020

In normal times, retailers plan for the holidays in July and August. These are not normal times. But it’s not too far afield for retailers to start planning ahead for normal times — or to envision what their businesses will look like 45, 60 or...

Europe
EU Ministers To Meet Via Video On Virus’ Financial Hit
March 15, 2020

Mario Centeno, head of the Eurogroup of eurozone finance ministers, will head up a video conference meeting of European Union officials Monday (March 16) in an attempt to assess how to steer the economy back on track amid the coronavirus outbreak, Reuters reported. Get the...

Cross-border Payments
Giveaway Startup Lets People Trade Unwanted Stuff For eCurrency
March 12, 2020

The Belarus-based tech startup Giveaway has launched a marketplace platform to help people match up their unwanted stuff with others who are excited to get it, as reported on Thursday (March 12). Get the Full Story Complete the form to unlock this article and enjoy...