Cross-border bank processor Payall has closed a $10 million seed round led by Andreessen Horowitz (a16z), a press release said. Payall has a single shared platform which will fuel compliance automation, risk mitigation and more transparency, the release said. The platform’s services include specialized, inclusive...
As PYMNTS discusses in the Cross-border Retail Payments Tracker, eCommerce merchants increasingly recognize the importance of catering to international customers. Read the report: The Cross-border Retail Payments Tracker For example, a 2021 study of the top 50 eCommerce websites found that 46% of them offered...
It’s been a mixed couple of days for Wise. Following Monday’s (June 27) news that the company’s co-founder and CEO, Kristo Käärmann, had been named as a tax defaulter by U.K. tax authority HM Revenue and Customs, Wise reported strong revenue and insisted that it...
It’s Thursday, April 28 and there are 247 days until the calendar flips to 2023, leaving plenty of time to move money around, kick payments down the road for high-end fashion or have a video chat with your primary doc. Here’s what should be on...
November 26, 2021
More than 450 local digital payment methods are used around the world, and how well merchants cater to those local preferences can make or break their efforts to expand internationally. And while cross-border merchants are picking up local payment options at a higher frequency, Chuck Huang, founder and CEO of Citcon, adoption isn’t as widespread […]
June 24, 2021
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by financial institutions in exchange for...
June 04, 2021
The great digital shift has been a rising tide that has lifted all forms of eCommerce — especially cross-border. Ben Fochs, VP of strategy at Digital River, told PYMNTS that...
January 07, 2021
There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of...
July 21, 2023
Ant Group has appointed its senior vice president, Peng Yang, as president of the company’s International Business Group (IBG). Yang will report to Eric Jing, chairman and CEO of Ant Group, and is tasked to lead the the company’s international growth and further solidify partnerships, Ant Group said in a Friday (July 21) press release. […]
September 15, 2022
Cross-border bank processor Payall has closed a $10 million seed round led by Andreessen Horowitz (a16z), a press release said. Payall has a single shared platform which will fuel compliance...
July 22, 2022
As PYMNTS discusses in the Cross-border Retail Payments Tracker, eCommerce merchants increasingly recognize the importance of catering to international customers. Read the report: The Cross-border Retail Payments Tracker For example,...
June 28, 2022
It’s been a mixed couple of days for Wise. Following Monday’s (June 27) news that the company’s co-founder and CEO, Kristo Käärmann, had been named as a tax defaulter by...
