Making cross-border payments work — across currencies and across time zones — is no easy task. The challenges are myriad, marked by (to name just a few) legacy systems; new domestic, faster payments rails; and the need to manage and mitigate fraud risk. Add to...
Spanish bank and investment institution Santander has expanded its One Pay FX international payments system to include Mexico, according to a report by Cointelegraph. The Ripple-powered payments system will be offered in the country sometime this year. The company recently filed a Form 20-F, which...
The passage of time is a bit unusual in financial services. With the digitization of the ecosystem and rapid emergence of FinTechs over the last decade, any company in business longer than six months old seems old, and anything that’s been around for more than...
i2c has announced that it will work with global FinTech company Airwallex to enable the Airwallex Borderless Card for B2B payments, according to a press release. The multi-currency card will allow corporations to streamline how they make payments to and from clients, suppliers, partners and...
Through an effort to enable cross-border payments, Postepay clients can now access the cross-border and cross-currency platform of Western Union to send funds around the world. The arrangement brings together the assets as well as expertise of Poste Italiane with Western Union, per an announcement. Western Union President...
The speech-to-text API market is predicted to grow to $4.1 billion by 2024, so long as rampant fraud and rising churn don’t stand in its way. But how can providers work to keep their subscribers from straying? In the latest Global Recurring Payments Tracker, Kate...
The subscription business model is growing sharply across the globe, and for good reason. Companies can bank on its recurring revenue stream to more confidently plan expansion, for example, and manage cash flow. The subscription business is also contending with the twin challenges of fraud...
Subscribers expect frictionless payment experiences, whether they are accessing videos, music or software as a service (SaaS). Some subscribers may eventually choose to abandon their subscriptions voluntarily, but a significant share could be blocked from access due to logistical issues like expired credit cards or...
Software-as-a-Service (SaaS) support platforms have more to worry about than solving customer service problems — they must manage the backlash when interrupted subscription payments shut customers out from getting the help they need. In the new Global Recurring Payments Tracker, Pablo Kenney, director of product...
