March 25, 2024
The Innovation Imperative for Banks Starts With Personalized Digital Experiences
The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing innovation important for long-term success....
March 25, 2024
Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows...
March 22, 2024
The Cost of Legacy Payments in Light of Innovation’s ROI
Innovation, particularly within financial services and payments, tends to be centered around speed, cost efficiency and transparency. However, many financial institutions (FIs) with incumbent infrastructure seem to take the view...
March 21, 2024
Thunes and Visa Expand Digital Wallet Partnership to Asia and...
Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108...
March 21, 2024
Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?
With Wednesday’s (March 20) announcement about Visa’s expanded partnership with LemFi, the focus is on cross-border payments. The cross-border payments landscape itself is a dynamic and fragmented one, full of unique local frictions that...
March 21, 2024
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position Thursday (March 21), Navro said...
March 20, 2024
Visa and LemFi Expand Partnership on Cross-Border Payments
Visa Cross-Border Solutions and LemFi have expanded their existing partnership globally. This partnership brings together the capabilities of Visa Cross-Border Solutions, which is a Visa division specializing in cross-border money movement, and LemFi, which...
March 20, 2024
Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly...
March 19, 2024
Marco Raises $12 Million to Support LatAm Trade Finance
Miami-based trade finance platform Marco has raised $12 million in a Series A round. The funding will help support the company’s mission of helping small and medium-sized entrepreneur (SME) exporters in Latin America,...
Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.
Many eCommerce merchants in the United States seek growth in international markets but encounter significant friction in cross-border transactions. PYMNTS Intelligence’s latest study, “Cross-Border Sales and the Challenge of Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives to identify the key challenges of cross-border payments and how to solve them.