Waza has introduced a multi-currency account platform called Lync that it said is designed to power global trade for businesses in emerging markets. Lync is designed to overcome financial barriers faced by the businesses that are incorporated in the United States, the United Kingdom or the European...
eCommerce operating system Swap has launched a partnership with tax compliance automation software maker Avalara. The collaboration is designed to allow for cross-border compliance for brands selling on marketplaces and platforms around the world, while also powering cross-border compliance for online marketplaces, the companies announced...
Commerce technology firm FreedomPay has launched a partnership with Mastercard. The collaboration, announced Monday (Jan. 13), is designed to give businesses a “simplified and extended global payment gateway solution,” while also streamlining their ability to connect with acquirers and accept a broader array of payment...
Banking Circle said Monday (Jan. 13) that it plans to accelerate its expansion into Australia with an acquisition of Australian Settlements Limited (ASL). The acquisition will add ASL’s capabilities as an Australian authorized deposit-taking institution (ADI) to Banking Circle’s global payment infrastructure, the companies said in...
January 08, 2025
Instant payments in the European Union will reach a milestone Thursday (Jan. 9). That’s when banks and payment service providers must be able to receive instant payments. Through the past several years, PYMNTS Intelligence has tracked the development and momentum of faster payments across the globe. Instant, always-on transactions promise to change commerce, particularly in […]
December 31, 2024
As we wrap up 2024, PYMNTS’ “What’s Next in Payments” series has provided insights from industry leaders on the current and future state of play for banking, payments and the...
December 31, 2024
The global economy is an intricate web of transactions, and cross-border payments serve as its financial backbone. For much of its history, that backbone has been creaky, slow and inefficient....
December 30, 2024
A quarter-century into the new millennia, the banking and payments industries have witnessed a rapid pace of change. Consumers and businesses demand faster, more efficient transaction methods, pushing financial institutions...
January 23, 2025
Just one year after its launch, HSBC’s cross-border payments mobile app is no more. A Yahoo Finance report on Thursday (Jan. 23) quoted a spokesperson for the bank: “Following a strategic review of Zing within the HSBC Group and after careful consideration, we have made the decision to close Zing and integrate its underlying technology […]
January 20, 2025
Waza has introduced a multi-currency account platform called Lync that it said is designed to power global trade for businesses in emerging markets. Lync is designed to overcome financial barriers faced by...
January 16, 2025
eCommerce operating system Swap has launched a partnership with tax compliance automation software maker Avalara. The collaboration is designed to allow for cross-border compliance for brands selling on marketplaces and...
January 15, 2025
Commerce technology firm FreedomPay has launched a partnership with Mastercard. The collaboration, announced Monday (Jan. 13), is designed to give businesses a “simplified and extended global payment gateway solution,” while...
