UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in the U.S., are gearing up to launch cross-border remittances to Asia using blockchain technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization marked the start of a new chapter in the life of the firm. Xoom’s mission to make international funds transfer easy and digital...
Alibaba, the Chinese eCommece giant, inked a deal with the Belgian government on Wednesday (December 5) to create a trading hub aimed at helping Belgian companies sell products around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Even the smallest firms today are peddling their wares on Amazon, entering new markets and navigating the waves of FX volatility that can swamp top and bottom lines. Karl Schamotta illuminates the ways that firms large and small -- call them micro multi-nationals -- can be...
SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Volatility in the stock markets and rising rates may have ripple effects — among them a greater amount of risk tied to FX transactions. Karl Schamotta, chief market strategist at Cambridge Global Payments, says the era of cheap money might be over, and some business...
Remitly, the independent digital remittance company, announced on Wednesday (Sept. 12) that it has expanded into 11 new send countries across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
SWIFT, the provider of the secure financial messaging system, announced Thursday (August 30) that Ebury has become the first FinTech to go live with SWIFT’s global payments innovation (gpi). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Supply chain industry leaders are thus turning to a wide array of technologies to improve efficiencies, provide greater transparency and prepare for the influx of online customers and heightened demand for efficient deliveries. The Global Payments Architecture Report includes a Deep Dive examining how such...
