Foreign exchange (FX) volatility presents challenges for cross-border payments, but digital multi-currency wallets offer a solution. According to Ola Oyetayo, CEO at B2B cross-border FX and payments enabler Verto, several of their customers are concerned about how the “macro” will impact them on a 6-month...
India’s proposed online gaming regulations will apply to all games involving real money. That’s according to a report Sunday (Dec. 4) from Reuters, which says this planned regulation comes after the country’s prime minister rejected a proposal to regulate games of skill and not games...
Kenyan payment company Cellulant is branching into the South African market. Cellulant Chief Business Officer Sike Bamisebi discussed the firm’s regional expansion plans in a Thursday (Dec. 1) Bloomberg report. The firm plans to enter the South African retail realm, she told the news outlet,...
With a growing amount of investment and commerce appearing to be headed to Latin America over the long term, JPMorgan Chase & Co. reportedly expects to continue growing its financial services offerings in the region. Latin America is benefiting from the nearshoring trend of manufacturing...
U.K.-based FinTech Stenn, which specializes in invoice financing, is focusing its energies on to small and medium-sized businesses (SMBs) and emerging markets, where access to trade financing has often been limited. Trade finance is especially critical for export businesses, which often wait months for payment...
Galileo Financial Technologies has teamed with money transfer company Pomelo to add its API-enabled technology to the Pomelo card. The company said in a news release that the card lets families in the U.S. build and extend credit access abroad without racking up costly remittance...
More than one million fans are expected to travel to Qatar for the FIFA World Cup Qatar 2022 as the so-called “beautiful game’s” biggest stage kicks off this Sunday (Nov. 20). But for all the hype and buzz leading up to the event, a giant unexpected buzzkill...
Direct-to-consumer (D2C) businesses may not have much of a presence in the Asia Pacific (APAC) area, but with significant investments planned in the near future, D2Cs are poised to grow dramatically in the region even within the next year. For the PYMNTS study “The Emerging...
As world leaders prepare to wrap up negotiations at the COP27 climate summit in Egypt on Friday (Nov. 18), climate tech investment deals signed by participants mark some of the major successes of the nearly two-week event. For example, the European Investment Fund (EIF), a...
