At 33 percent, Florida Institute of Technology’s international student population is higher than any other U.S. university. Accommodating those students includes managing the friction associated with receiving tuition payments from overseas banks, says Terri Carter, Florida Tech’s student financial services director. In the latest PYMNTS...
A new year is bringing new changes to the cross-border trade cycle, from logistics and freight to B2B payments. Recently, several companies swimming in the ever-shifting seas of global trade looked to fulfill their goal of making international payments less cumbersome with new solutions....
American consumers, as a group, are finished with friction-filled, lumpy checkout experiences. Even a couple of years ago, these consumers were a more tolerant group as online checkout experiences started to improve. But a few years of using mobile devices to shop online has...
Life is full of complexity. Life for a small- to mid-sized business (SMB) scaling operations into new countries? Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. On a...
In the internet age, consumers are more likely than ever to make a purchase from a merchant outside their own borders. But even if their packages travel across the world to get to them, shoppers expect the process to be as simple — or they won’t...
American Express is the latest financial company to become a member of RippleNet, the blockchain network operated by Ripple that provides real-time, business-to-business (B2B) global payments. On its website, Ripple said American Express joins Credit Agricole, Airwallex and Cuallix, among others. According to Ripple, American...
As it prepares to host its second annual FlyForum U.K. event this week, Flywire is continuing to expand its cross-border payment business in the United Kingdom, Ireland and the rest of Europe. Flywire allows businesses, educational institutions and health care providers to offer their customers...
A marketplace, according to Karen Webster, is like a dance. With complex choreography, it requires precise steps and a balance of buyers and sellers — after all, it takes two to tango — to keep things moving as smoothly and easily as some of the bigger players, such...
When navigating the payments complexities of international trade, it pays to carry a compass (app). Here’s your compass. The first PYMNTS.com X-Border Receivables Report, powered by Flywire, is packed with analysis, data and insights on how global businesses and other organizations are tackling the thorny...
