One million international students come to the U.S. to study each year, and those who want to buy a car get a lesson in cross-border payments friction. Payments are often made with cash and, upon graduation, their parents must sell the vehicle from halfway across...
Going global is no longer a nice-to-have for online merchants; it really is a must for those who hope to grow their brand and remain competitive in the eCommerce space. As is so often the case, merchants must follow their customers’ lead – and customers...
As roughly one million international students visit the U.S. for higher education opportunities each year, many parents end up getting an unexpected crash course in cross-border car shopping. A slew of recent cross-border payment developments indicates that it’s time for various groups and markets to...
China is crazy for crustaceans: The country imports more than $100M worth of them from the U.S. each year. But with the growing appetite and booming business has come cross-border receivables pain. In the latest X-Border Receivables Report, Stephanie Nadeau, owner of The Lobster Company,...
Ripple, the blockchain payments technology company, announced Wednesday (Feb. 14) that it has inked a deal with the Saudi Arabian Monetary Authority (SAMA), enabling banks in the Kingdom of Saudi Arabia to work with its cross-border payments technology. In a press release, Ripple said it...
A culinary luxury is facing increased demand in new, farther-flung markets, creating the need for efficiency and flexibility in cross-border receivables infrastructure. Meanwhile, from eCommerce to financial services, to healthcare and education, new payment solutions are introducing a series of disruptions to the cross-border payment...
UAE Exchange, one of the largest payment providers in the Middle East, announced that it has signed a deal with Ripple to join its blockchain for cross-border payments. UAE, which is based in Abu Dhabi, will now become a member of RippleNet, a decentralized global...
“People always say, ‘Think global, be local,’ but very few understand how big a challenge that is,” Flywire’s Head of Operations for Southeast Asia Andrew Ong told PYMNTS’ Karen Webster in a recent conversation about the opening of Flywire’s new, expanded Asia-Pacific (APAC) regional hub...
Money changing hands internationally is a process that carries with it all sorts of speed bumps, especially amid regulatory scrutiny. Payments can be made smoother and easier with the aid of APIs, as Cambridge Global Payments Chief Commercial Officer Amil Sawrup, tells PYMNTS Karen Webster...
