Mobile remittances have become a financial lifeline for households around the globe, but the giant shift to mobile amid the pandemic has also opened the door to fraudsters posing as honest customers and using remittance services to launder money. In this month’s Smarter Payments Tracker,...
Cross-border remittances are a lifeline for many households who depend on family members working abroad to send funds home. These international money flows reached $689 billion in 2018, and ensuring funds continue to flow smoothly requires money transfer organizations to provide services that are both...
Absolutely everyone agrees that the graduating classes of 2020 got ripped off. No convocation. No prom. And whether they’re heading back to grade school or college, video conference classes and other COVID-19 conventions will have replaced what we knew as teaching. Get the Full Story...
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The digital shift to eLearning has been swift, but the payments methods and speed of payments to online tutors has been anything but. Peter Fitzpatrick, vice president of payments at online education technology platform Thinkific, explains in our latest Smarter Payments Tracker, how offering currency...
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With the volume of cross-border B2B payments projected to hit nearly $6.5 trillion by 2024, it’s small wonder that so much investment and innovation keeps pouring into the space. Financial access to, and inclusion in, new foreign markets will certainly create post-pandemic fortunes. Get the...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Lockdown measures across the globe have small- to medium-sized businesses (SMBs) looking to generate revenue overseas. But transacting with other merchants abroad is a process fraught with inefficiencies, ranging from slow processing times to lack of feedback if the payments fail. In this month’s Smarter...
