Cross-border commerce is becoming increasingly vital to merchants’ top line momentum. Nowhere is that more apparent than in the report “The Emerging APAC Opportunity,” done in collaboration between PYMNTS and Citcon, where 500 business leaders from the United States, the United Kingdom and Canada weighed...
Brazil’s Pix instant payment system has become a central issue in that country’s upcoming presidential election. President Jair Bolsonaro is using the system — launched by Brazil’s central bank two years ago — to promote a positive agenda before voters head to the polls in...
Today in Europe, the Middle East and Africa (EMEA) news, a European Union lawmaker reveals that the text for the EU’s Markets in Crypto Assets (MiCA) could be ready in the next six weeks. Plus, an open banking partnership between kevin and Monet+ sets an...
International Monetary Fund (IMF) staffers are reportedly advocating for a global platform for cross-border payments and for regulations of cryptocurrencies. These calls to action were published in the September issues of the IMF’s quarterly magazine, “Finance & Development,” according to a Thursday (Sept. 1) report...
Moneycorp, a global payments and foreign exchange (FX) provider, announced in a press release Thursday (Sept. 1) that it is continuing its European expansion with the opening of a new office in Paris. The new office will serve as the headquarters for Moneycorp France, which...
In a world where commerce is increasingly global but where markets and consumer preferences are still dominated by national or regional norms, one of the most costly mistakes a multinational retailer can make is not offering local payment options to their customers around the world....
FinTech, more than many other sector, is especially receptive to the input of startup accelerator programs. Because the vast majority of FinTech startups these days are launching digital products, their research and development needs are lightweight compared to companies developing physical products. What’s more, the...
Today in Europe, the Middle East and Africa (EMEA) news, Walmart has announced that it is acquiring the remaining shares in South Africa’s Massmart, while Irish blockchain company FixxFi launched its embedded finance solution for the auto and home repair industries. Walmart to Delist Africa’s...
Polish Payment Standard (PPS), the operator of Poland’s popular mobile payment solution BLIK is set to acquire the Slovakian mobile transaction service provider VIAMO, marking an important international expansion for the Polish firm. As quoted on the BLIK company website, Dariusz Mazurkiewicz, President of PSP...
