September 20, 2016
Running The Global Payments Compliance Playbook
In a perfect world, there would be a global compliance payment standard making it easy to securely send and receive money all over the world. Unfortunately, that’s just not the...
September 19, 2016
Task Force Formed On Cybersecurity
On Friday (Sept. 16), the world’s major central banks launched a task force focused on cybersecurity in cross-border banking and protecting interbank payments. Get the Full Story Complete the form to...
September 19, 2016
Global Payments Cybersecurity Task Force A Go
With the pressure of cybercrime mounting in the financial services space, several central banks of the globe are joining together to figure out a strategy. Get the Full Story Complete...
September 16, 2016
Bitfinex Was A Teaching Moment
A mixed bag for bitcoin this week. A taxi company in Rome is accepting the currency, the U.S. government is hedging its bets and investors are showing support. The Bitfinex...
September 16, 2016
Ripple Closes $55 Million Venture Capital Round
Ripple, the provider of financial settlement services, announced on Thursday (Sept. 15) it completed a $55 million Series B round of financing. Ripple said the funds will be used to...
September 16, 2016
ISO Clears Australia’s Blockchain Development Proposal
Australia has been cleared to lead the way towards standards that guide implementation of blockchain technology, reports said on Thursday (Sept. 15). Get the Full Story Complete the form to...
September 15, 2016
PayU Inks $130 Million Deal To Buy Citrus Pay
PayU, the global online payment service provider, announced on Wednesday (Sept. 14) that Citrus Pay, an Indian payments technology player, will become part of its Indian operation. Get the Full...
September 15, 2016
How Sapphire Will Spend That $1B
There are some contradicting reports forecasting the strength of FinTech investment this year. The latest report from KPMG’s Pulse of Fintech, released quarterly, found a substantial decline in FinTech investments...
September 15, 2016
Blockchain Firm Claims Near-Instant X-Border Payments
With the payments sphere accelerating towards real-time transactions, FinTech players of all types are exploring how they can be some of the first to make that goal a reality. Get...
Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.
In Saudi Arabia, digital wallet adoption is surging for cross-border payments, especially among younger consumers. Small and medium-sized businesses, however, face hurdles with security and cost, making addressing these concerns crucial for wider adoption. The latest data brief, “Global Money Movement: U.S. Edition,” a collaboration with TerraPay, explores the landscape of digital wallet usage in the Middle Eastern country, highlighting the generational and business-size divides in this rapidly evolving market.