April 21, 2015
WEX V-Cards Now Span 11 Currencies
As businesses take greater advantage of the digital age of communication and commerce, employees are frequently sent abroad to conduct business, and business buyers are increasingly eyeing overseas suppliers for...
April 21, 2015
Speeding Up Cross-Border Payments, Without The Risk
The US and Europe alone make up less than half of the global domestic market. While there are clear, significant opportunities for businesses’ cross-border growth, those opportunities also come with...
April 17, 2015
Western Union’s Cross-Border Tools Diversify
As the European Union looks toward new ways to facilitate cross-border payments, Western Union is working on its own service to strengthen international commerce. The company announced Wednesday (April 15)...
April 17, 2015
Italy’s New Crowdfunding Rules Leaves 99.98% of SMEs Out In...
In July of 2013, Italy was the first European country to enact crowdfunding regulations. Despite being an early adopter, to date very few businesses have successfully raised capital using the...
April 15, 2015
The UK’s Small Business Act Is Way More Than A...
The Small Business, Employment & Enterprise Act addresses many of the concerns Britain’s small businesses face—from securing financing to the crippling culture of late payments. The law is designed to...
April 15, 2015
UnionPay Taps Chinese eCommerce For Cross-Border Payments
Cross-border commerce is one of the largest challenges for today’s eCommerce firms. While purchasers want greater choice – even if it means buying products from another country – foreign exchange...
April 15, 2015
How Hyperwallet Sees The Future Of Cross-Border Payments
With leading cross-border innovators showing how they cracked the code on converting shoppers to buyers, the “From Global To Local” panel at Innovation Project last month proved to be one...
April 13, 2015
The Year of Payments – 2015 – One Quarter In
According to the Chinese lunar calendar, 2015 is the Year of the Sheep. Sheep, so says the Chinese astrological calendar, are gentle, calm and cute – animals seen as symbols...
April 13, 2015
CFPB Targets PayPal Credit
PayPal is in settlement talks with the Consumer Financial Protection Bureau (CFPB) in the run-up to its split from eBay, the company said in a filing last week with the...
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.
Digital wallets are becoming the go-to for U.S. consumers making cross-border payments, but many small businesses are holding back, citing security concerns and a lack of consistent industry standards. The latest Global Money Movement data brief, “Global Money Movement: U.S. Edition,” a collaboration with TerraPay, explores what’s driving consumer adoption, what’s slowing down SMBs, and how both can unlock the full potential of digital wallets.