There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the integration of local payment solutions. “You need to embrace local payment methods and prioritize them...
China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we found is that people want to use their home e-wallets when they travel abroad. So they don’t want to have to load their card into another app that they don’t know as well,” Douglas...
TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice president, global head of network for TerraPay, the London-based money movement company announced in a Monday (May 6) news release. “With over 20 years of experience in cross-border payments, Hassan brings with...
Cross-border payments circa May 2024 have become a highly specialized sector of the payments industry. Look at the activity in this space, even year-to-date, and you’ll see companies like the Solana Foundation advancing real-world assets on cross-border blockchains. You’ll see Swift continuing to accelerate the usage of the ISO 20022 messaging format. And...
May 08, 2024
There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the integration of local payment solutions. “You need to embrace local payment methods and prioritize them unless you want to have a lot of cart abandonment,” […]
April 30, 2024
In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as relevant today, as businesses around...
April 11, 2024
A migration to a new standard — a common payment processing language — for cross-border payments is no mean feat. Legacy tech, the shift to straight-through processing, staggered industry timelines...
April 03, 2024
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...
May 10, 2024
Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration, the new PhotonPay Commercial Card can be used on the Discover Global Network, providing cardholders with seamless B2B and B2C payment solutions, the companies said in a Thursday (May 9) […]
May 06, 2024
China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we found is that people want to use their home e-wallets when they travel abroad. So they don’t want...
May 06, 2024
TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice president, global head of network for TerraPay, the London-based money movement company announced in a Monday...
April 30, 2024
Airwallex and BILL partnered to help BILL customers make faster international payments. With this collaboration, BILL’s financial operations platform for small– to medium-sized businesses (SMBs) will add the local transfer capabilities of Airwallex’s global...
