New research from eCommerce platform firm Bronto Software conducted by Censuswide found that nearly half (44 percent) of shoppers in the U.K. have made purchases online from merchants in another country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Receivers and reconciliation are two of the biggest frictions in cross-border payments. And it’s especially acute when that receiver is an institution receiving thousands of payments each day. Ryan Frere, VP of global payments at Flywire, joined Karen Webster to talk about the one thing...
Brexit has hit the pound hard. Financial Times reported that the U.K.’s share of the foreign exchange market has dropped, while the Bank for International Settlements (BIS) reported that Asia, particularly Hong Kong, Tokyo and Singapore, are picking up the pieces. Get the Full Story...
The movement of money cross-border by Global Citizens is growing tremendously. What’s needed, Flywire CEO Mike Massaro tells Karen Webster isn’t a money transmission network but a collection network that solves a pretty big problem for the receiving institution. Massaro’s conversation kicks off the Top...
Global money transfer firm TransferWise is getting ready to free itself from reliance on banks. 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 newsletter,...
Seeking medical care can be a difficult and expensive experience, especially for those who need to cross borders to get treatment. David Herrick, Flywire’s general manager for health care, sat down with Karen Webster to discuss the burgeoning cross-border health care payments market and how...
What’s so hard about paying contract workers who work cross-border in a variety of far-flung locales and who want to be paid in the currency easiest for them to use in their home countries? Get the Full Story Complete the form to unlock this article...
Thousands of athletes are staying in the Rio Olympic and Paralympic village, but what happens to all of the furniture after they leave town? One company is working to auction off more than 200,000 of those chairs, tables, beds and other pieces of furniture to...
Thousands of athletes are staying in the Rio Olympic and Paralympic village, but what happens to all of the furniture after they leave town? One company is working to auction off more than 200,000 of those chairs, tables, beds and other pieces of furniture to...
