Search results for "cross-border payments"

February 20, 2024
Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers

In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set the stage to buy Discover...


February 20, 2024
Visa Direct Veteran Ruben Salazar Genovez Now President of TerraPay

TerraPay appointed former Visa Direct Global Head Ruben Salazar Genovez as president. In his new role, Salazar Genovez will lead TerraPay’s global expansion and the development of its payments infrastructure...


February 19, 2024
Boom Debuts Blockchain-Powered Payment Platform for Unbanked Consumers in Africa

Boom launched an online payment gateway that allows merchants to collect payments from 2 billion unbanked consumers across Africa. The debut of the platform, Boom Pay, marks a step toward...


February 15, 2024
Fed Governor: Some Cross-Border Payment Frictions Are Necessary

When it comes to cross-border payments, there are necessary and unnecessary frictions. That’s according to Federal Reserve Governor Michelle Bowman, who discussed the challenges facing cross-border payments Thursday (Feb. 15) during a...


February 14, 2024
Nukkleus to Acquire Mercury Global to Enhance Cross-Border Payments Offerings

FinTech company Nukkleus has signed a term sheet for the acquisition of cross-border payments firm Mercury Global. This move marks Nukkleus’ expansion in the world of cross-border payments, the company said in a...


February 14, 2024
Billions of Dollars Beckon as Platforms Move B2B Commerce Online

No matter where you look — no matter who’s doing the quantifying — the consumerization of B2B is both a massive undertaking and, for the providers who get it right,...


February 13, 2024
ConnexPay Adds Variable-Rate Virtual Card to B2B Payment Capabilities

ConnexPay has launched a variable-rate virtual card designed to facilitate strategic supplier spend at pre-negotiated rates. The new ConnexPay Flex offers clients a broad spectrum of rate categories when paying...


February 13, 2024
Ripple Acquires the Digital Asset Platform Standard Custody & Trust...

Blockchain and crypto company Ripple has agreed to acquire Standard Custody & Trust Co., a regulated platform for digital assets, the company said Tuesday (Feb. 13). The terms of the...


February 13, 2024
Salesloft Acquires Drift to Expand AI-Powered Tools for B2B Sellers

Salesloft has acquired Drift to enable companies to use artificial intelligence (AI) to deliver a personalized, omnichannel B2B buyer journey. Combining Salesloft’s AI-powered Revenue Orchestration Platform and Drift’s buyer experience...


The Real-Time Payments World Map

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.

Cross-Border Sales and the Challenge of Failed Payments

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.