PYMNTS

NOVEMBER 13, 2020

Looking at the plight of migrant workers and those working abroad during the COVID event, PYMNTS November 2020 Smarter Payments Tracker® powered by Nium notes that, “Legacy FIs can struggle to provide affordable remittance services that meet migrant workers’ needs, and their dependency on correspondent banking networks can drive up service costs.

Technology 103

Technology Account accountant accounted 103

PYMNTS

MAY 13, 2020

Preserving trade flows of particular importance in the healthcare sector today, with cross-border B2B payments essential to this effort. With high transaction values and sellers across borders, these purchases would traditionally take several days to complete. Accelerating PPE Procurement.

Hospitality 81

Hospitality Healthcare B2B Massachusetts 81

PYMNTS

JULY 24, 2020

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. CUs’ Global Payments Opportunity. ” That global reach also had the CU prioritizing global payments innovation from the get-go. .”

B2B 80

B2B Government Finance Technology 80

PYMNTS

JUNE 30, 2020

The pandemic has upended daily life – and in payments, it is moving analog, face-to-face transactions toward the digital realm. In an interview with PYMNTS, Michael Bermingham, co-founder and chief business officer for Nium , said the pandemic has been changing the very nature of cross-border payments.

Technology 101

Technology Government Account accountant 101

PYMNTS

DECEMBER 1, 2020

The world doesn’t lack for stories about cross-border payments gone wrong. In some examples, by the time the money went through all the byzantine steps that have historically made up the cross-border payments process, only about $4 worth of spendable value actually arrived. COVID-19’s Big Push .

Technology 87

Technology 87

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift.

accounts payable 105

accounts payable payroll B2B Government 105

PYMNTS

MARCH 16, 2020

Goldman Sachs’ capabilities for cross-border payments and tech-savvy achievements that simplify payments as reasons why SAP is also getting something out of the deal. In addition, the deal will allow better reconciliation of payments with the matching invoices.

Technology 99

Technology accounts payable B2B Account 99

PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments. IBM Acquires Canadian FinTech Expertus.

Technology 96

Technology Sales Retail 96

PYMNTS

FEBRUARY 26, 2020

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. These infrastructures and processes form the backbone of the global correspondent banking model.

Construction 104

Construction 104

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Construction 76

Construction Technology Retail 76

PYMNTS

DECEMBER 9, 2020

With B2B eCommerce now a booming segment thanks to accelerated digitization in the last year, cross-border trade volume is expected to rise. He told PYMNTS that this trust deficit creates especially large pain points in an already complicated B2B payment process. But global trade is a complicated operation, to say the least.

B2B 64

B2B Finance Technology Tax 64

PYMNTS

JUNE 14, 2017

There was a time when the telegraph was as important to keeping people connected as the smartphone is today. The June PYMNTS.com B2B API Tracker™ , a collaboration with FI.SPAN, looks at the various API solutions companies are developing to reduce the friction involved in cross-border trade. to exchange money between borders.

B2B 108

B2B Start-ups Maine 108

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. We have evolved to become a business account that will support the financial needs of today’s modern business.”. and Hong Kong.

B2B 71

B2B Start-ups business accounting Account 71

PYMNTS

JANUARY 25, 2021

To get a glimpse of the state of spending, one needs only to look at the card networks, the gross dollar volumes and cross-border activity to get a sense of where debit and credit are picking up, and where travel is recovering – and where it’s not. Visa’s results in this segment were down nearly 30 percent in the period.

B2B 92

B2B Entertainment Start-ups Maine 92

PYMNTS

NOVEMBER 11, 2020

In cross-border payments , a number of features can go a long way toward helping digital product merchants bolster their conversion rates in other countries. And in smarter payments, financial institutions (FIs) and FinTechs are innovating to provide more compelling cross-border and international banking offerings.

Real Estate 57

Real Estate Retail 57

PYMNTS

NOVEMBER 20, 2020

The world is flattening for businesses of all sizes that now find it easier than ever to expand across borders. While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Cross-Border Headaches.

accounting and finance 61

accounting and finance Technology audit Finance 61

PYMNTS

JUNE 13, 2019

Visa and Mastercard each made headlines in the payments infrastructure and cross-border realms, eyeing digital payments and B2B payments. As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders.

B2B 75

B2B Tax Retail Account 75

PYMNTS

DECEMBER 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., the cloud payments and financial messaging company, is speeding up market convergence for the Santiago (Chile) Exchange (Bolsa de Santiago). “As Canada, Europe and U.K. is accelerating market convergence for the Santiago Exchange.

Technology 71

Technology B2B Legal Finance 71

PYMNTS

APRIL 25, 2019

In Asia, news came this week that petroleum firm PTT Exploration and Production (PTTEP), the biggest company in the country, is linking with Ripple , with an eye on cross-border transactions. Separately, the card giants are hardly resting quietly on the sidelines of the cross-border payments game.

B2B 76

B2B Gaming Account accountant 76

PYMNTS

MARCH 21, 2019

Western Union announced that it has teamed up with cross-border payments network Thunes to enable customers to send funds directly into mobile wallets around the world. Thunes (previously TransferTo) provides a cross-border network that delivers payment solutions for emerging economies.

Account 70

Account accountant accounted Technology 70

PYMNTS

DECEMBER 14, 2018

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018, the consensus was all about collaboration , particularly between banks and FinTech firms. “The modern-day client expects a seamless transaction experience,” he said.

B2B 77

B2B Technology Account accountant 77

PYMNTS

JANUARY 28, 2021

Early adopters were placing bitcoin on their balance sheets, for example, or accepting payment in cryptocurrency. Today, more organizations are moving from dipping their toes into the crypto waters toward diving right in as treasurers identify valuable use cases for the technology.

accounting and finance 84

accounting and finance accounts payable Finance Gaming 84

PYMNTS

JULY 28, 2020

Asia-based financial settlements network EMQ , which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI Harper Group, according to a press release. The solution connects bank application programming interfaces (APIs) with payment service providers.

B2B 56

B2B 56

PYMNTS

JULY 29, 2020

Listening helps us understand all the factors that influence decisions — today, tomorrow and also for the future. However, the world is much bigger than only developed markets where digital payments are increasing. Listening helps us understand all the factors that influence decisions — today, tomorrow and also for the future.

96

96

PYMNTS

MARCH 14, 2019

For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market. More Progress, New Challenges.

Finance 77

Finance Technology B2B 77

PYMNTS

OCTOBER 21, 2020

Cross-border online sales in the U.S. Consumers and businesses today are going online to find products, services and suppliers to an unprecedented degree. To meet these shifting demands, companies must develop stronger and more efficient cross-border and digital commerce operations.

Healthcare 63

Healthcare Sales Finance Technology 63

PYMNTS

NOVEMBER 12, 2020

Treasury departments need to modernize as they grapple with the pandemic — streamlining the way cash is handled, how strategic decisions about cash flow are crafted and how payments are made. According to Sridhar Kanthadai , APAC head of wholesale payments at J.P. The trend is away from paper, but true digitization does not stop there.

Government 118

Government Sales 118

PYMNTS

NOVEMBER 17, 2020

The Market Opportunity: Airbnb estimates that its serviceable addressable market today is worth $1.5 Girding Against Payments Fraud : All businesses take on payments-related risk, and of course Airbnb is no exception. trillion, including $1.2 trillion for short-term stays and $239 billion for experiences.

Start-ups 69

Start-ups Account accountant accounted 69

PYMNTS

MARCH 8, 2019

8) that it will acquire global cross-border money transfer company Transfast, which works with both P2P and B2B payments. We believe Transfast gives us the strongest platform to immediately enhance our cross-border capabilities and further deliver on our strategy,” said Michael Miebach, Mastercard chief product officer.

B2B 76

B2B Government Account accountant 76

PYMNTS

MAY 22, 2019

Mastercard and Interac, the global and domestic payment networks, announced Wednesday (May 22) they are collaborating to offer customers in Canada a fast and easy way to send money internationally. ” According to Mastercard and Interac, Canada is a big market for international payments given its diverse population. .

Gaming 76

Gaming Account accountant accounted 76

PYMNTS

JANUARY 6, 2019

UnionPay International announced earlier in January that it rolled out the UPI Developer, which is a platform to create applications for cross-border payments. With one service users can access one of UnionPay eighteen payment and data services. Those, noted the report include QR Code payments and tokens.

Technology 75

Technology 75

PYMNTS

MARCH 18, 2019

That’s according to CoinDesk , which cited Gulru Atak, head of Citi’s Innovation Lab, as saying that after working on a cryptocurrency since 2015, the bank came to the conclusion that while the technology had potential, there were other ways to improve payments.

Finance 76

Finance Technology 76

PYMNTS

DECEMBER 2, 2020

Today, Luxembourg is one of the leading payment and e-money hubs in the EU,” said Pierre Gramegna, minister of finance, Luxembourg. “I PingPong was founded in 2015 to enable eCommerce payments as online spending took off. “We

New York 63

New York California B2B Finance 63

PYMNTS

JANUARY 8, 2021

Among other topics extensively reported, PYMNTS' latest Global B2B Payments Playbook , done in collaboration with Worldpay B2B Payments , zeroes in on international B2B payments friction, and how digital invoicing and payments are making it easier for B2B funds to cross borders.

Technology 61

Technology B2B accounts payable Manufacturing 61

PYMNTS

NOVEMBER 16, 2020

Across Asia, an ongoing boom in global eCommerce volume, coupled with a convergence of market conditions, has made cross-border B2B trade a booming business — and a potentially lucrative one for small and medium-sized enterprises (SMEs). Today, that's not always possible. We see that already today.”.

Manufacturing 56

Manufacturing B2B accounting and finance Finance 56

PYMNTS

FEBRUARY 1, 2021

Late last year, PYMNTS noted that the payments space has been fertile ground for SPACs. SPAC Enthusiasm Crosses Borders . And the enthusiasm is crossing borders, becoming global in scope for the individuals and firms that actually do the deal-making behind, and creation of, SPACs.

Real Estate 99

Real Estate Florida Sports Education 99

PYMNTS

DECEMBER 11, 2019

Visa, MFS Africa Team to Take Mobile Wallets Cross-Border. Visa today announced a partnership with pan-African FinTech leader MFS Africa, a digital payments hub that connects around 180 million mobile wallets across the continent. The Architecture Of A Cross-Border B2B Payment.

B2B 52

B2B 52