April 04, 2024
Ripple Will Launch Dollar-Pegged Stablecoin

Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents, according to a Thursday (April...

April 04, 2024
Currency Matching Key to Effectively Competing in International B2B Markets 

A business-to-business (B2B) payment is never just a payment. The global B2B marketplace, with an annual payments volume over $100 trillion, is supported by a myriad network of workflows and...

April 04, 2024
Xoom Users Can Now Make Transfers With PayPal Stablecoins

Cross-border money transfer service Xoom now lets users make transactions with PayPal’s USD stablecoin. Xoom, owned by PayPal, said in a Thursday (April 4) press release that the new funding option lets users in the...

April 04, 2024
RTP Network Reports 15% Growth per Quarter Since 2019

The Clearing House’s RTP® Network has seen growth in both transaction volume and value in 19 out of the last 20 quarters, dating back to 2019. Both metrics are growing 15% per...

April 04, 2024
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success

For online merchants, winning the high-stakes battle against fraud and cybersecurity breaches is critical to survival. PYMNTS Intelligence finds that 82% of U.S. eCommerce players with cross-border sales faced security-related...

April 03, 2024
Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   

Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...

April 03, 2024
Travelex Brings ‘Click-and-Collect’ FX Service to Hong Kong

Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving...

April 02, 2024
As Visa+ Comes to PayPal and Venmo, Interoperable Cross-Border Payments...

Interoperability in payments — paying anyone, anywhere, no matter the network — remains a Holy Grail in payments. And interoperability is a work in progress. But bit by bit and...

April 02, 2024
Nuvei Sale Hints at Private Deals and Consolidation in Payments’...

2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up...