June 09, 2014
Ping An Group Investments Aim High
Ping An Group, one of the largest insurance players in China, invested USD 5 M in USD-30m-fourth-round financing of Payoneer, an online payments firm that facilitates cross-border payments. The funds...
June 09, 2014
SWIFT: More U.S. Companies Trading In China’s Currency
A dramatic shift is underway in the currency U.S. companies use to trade internationally, especially with China, new data show. Increasingly, U.S. firms are settling trades in China’s renminbi instead...
May 30, 2014
Taking the Salesforce Model to Cross Border Payments
For merchants looking to sell outside of their own country, integrating with country-specific currencies, languages, payments methods, tax and customs requirements and logistics can make the process beyond tedious. But...
May 28, 2014
Chinese Bank Takes To The Autobahn For Improved U.S. Dollar...
China’s Ping An Bank is looking to get more value from U.S. dollar cash flows under a proposed deal that would expand its cash-management relationship with Deutsche Bank. The Chinese...
May 23, 2014
Visa and MasterCard CEOs Discuss EMV, Mobile and Russia
Visa and MasterCard have a lot to contend with these days. With use of mobile devices for payment increasing, EMV on the U.S. horizon, and Russia's demand to collect millions...
May 22, 2014
The B2B Impact of SEPA
SEPA has dominated the headlines in Europe for years, and as the 2016 deadline approaches, more and more questions are being raised about its impact on B2B payments. Here’s the...
May 19, 2014
CEO Series: BlueSnap Takes Charge in Cross-Border Payments
In this installment of the PYMNTS CEO Series, Karen Webster speaks with Ralph Dangelmaier, CEO of BlueSnap, to learn his thoughts on payments innovation, how the industry is changing and...
May 13, 2014
Central Bankers in South Asia Fight for Better System
Central bankers of in South Asian countries have reached an agreement on the need for the enforcement of payment and settlement system (PSS) in the SAARC region. The SAARC region...
May 12, 2014
Cross-Border Commerce: Faster, Better and Safer
Cross-border commerce is just about everyone’s strategic priority right now given the massive revenue opportunity that it represents. But, as everyone knows, supporting commerce in 220+ countries is expensive, and...
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.
While digital wallets are most popular for cross-border remittances, their potential extends beyond consumer transactions. The problem: Banks are slow to integrate them as they reckon with interoperability issues as well as partnering with FinTechs to meet rising demand.
We spoke to consumers, small business leaders and bank employees across four markets to learn more. Download your copy of “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a collaboration with TerraPay, here.