May 07, 2014
Earthport To Integrate With HSBC
Earthport, the cross-border payments service provider, announced it has signed a multi-year contract with HSBC with a ‘significant’ minimum revenue commitment. The contract will allow the group to expand its global disbursements...
May 06, 2014
Putin to MasterCard And Visa: “Pay Up”
Russian President Vladimir Putin has signed into law legislation that puts major constraints on foreign card brands doing business in that country, especially Visa and MasterCard. What's the deal? Billions...
May 02, 2014
MasterCard’s CEO Cites Russia And Europe As Challenges
MasterCard posted favorable first-quarter numbers, but questions arise about pending legislation in both Russia and Europe that could affect card brands and pricing. Learn what MasterCard CEO Ajay Banga told...
April 29, 2014
Former SWIFT CEO Joins Payoneer Board
Former CEO of SWIFT, Lázaro Campos, has joined Payoneer, an online payments company that focuses on the way technology companies and SMEs send and receive cross-border payments. “We are thrilled to...
April 28, 2014
Where’s The Money Going in B2B Payments?
One of the things that got us thinking that B2B innovation was the “next big thing” in payments, is the amount of investment and energy being funneled into solving the...
April 25, 2014
Taking The Mystery Out of Cross Border B2B Payments
It’s not all that easy to make payments to another business across borders, especially for SMBs. The process tends to be opaque and costly. The Currency Cloud is a small...
April 24, 2014
Visa: Q2 Revenues Rise 7% As Profit Jumps 26%
Visa missed analysts' projections for fiscal second quarter revenues, but earned a 26 percent increase in profits as spending on credit and debit cards remained strong.
April 24, 2014
Worldpay Launches e-Commerce Module With Hybris
Worldpay, a global payment processing provider announced the launch of an e-commerce integration module with hybris, a SAP company to give customers access to Worldpay’s end-to-end services including payment processing,...
April 16, 2014
TransferWise Has Moved £1 Billion Cross-Borders
The Estonian-founded and London-based company TransferWise announced on April 15, 2014 that they have transferred £1 billion ($1.67 billion) in cross-border payments.that they have hit the milestone of £1 billion mark in...
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.