A company doesn’t have to be a massive, multinational corporation to feel the punch of foreign exchange (FX) volatility. Small and medium-sized firms (SMBs) are more encouraged than ever to expand across borders, whether that be trading internationally or physically traveling to new markets to...
London startup Unmortgage has just closed a £10 million (just over $13 million USD) seed round as it prepares to launch its “part-own, part-rent” platform next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Denmark is working on new legislation that will increase money laundering fines by about eightfold. According to Bloomberg, the new bill by the Danish Financial Supervisory Authority (FSA) would have money launderers pay fines according to “the gravity and circumference of the offense,” as well as...
London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. 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...
SWIFT is gearing up to roll out a pre-validation service that will enable customers to pinpoint and resolve errors that delay payment messages before they are sent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Travel companies know that payments innovation is mission-critical when it comes to acquiring and retaining consumers all over the world. It’s a clear fact in the data — 81 percent of travel firms indicated that payments innovation is on the menu for the next three years, according...
Is there a secret sauce for merchants to capture the evolving millennial? Those are the young consumers who are not that young anymore, and moving steadily toward the peak earning years of their lives — the consumers who have high expectations and are comfortable with everything...
At the end of the day, small businesses want to do the thing they went into business to do. Shoe stores want to sell shoes, accountants want to file taxes, contractors want to rearrange kitchens and restaurants want to serve food. Get the Full Story Complete...
Welcome to Five at Five, your late look at some of the day’s biggest payments and commerce news. Today’s coverage includes news about healthcare payments and a large money laundering probe. U.S. state regulators eye tech regulation, Alibaba readies for a leadership change and convenience...
