January 17, 2024
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report, the 189-member international financial institution...

January 17, 2024
Visa, Brightwell Expand X-Border Payment Partnership to Allow Bank Account...

Brightwell is using Visa Direct to allow payouts to eligible bank accounts and wallets worldwide. The collaboration makes Brightwell — a cross-border payment-focused FinTech — the first Visa-enablement platform provider...

January 17, 2024
Google Aims to Take UPI Payments Beyond India’s Borders

Google Pay is working to expand India’s popular mobile payment system beyond that country’s borders. The tech giant has signed an agreement with the National Payment Corporation of India (NPCI)...

January 16, 2024
Visa Completes Acquisition of Pismo, Expands Core Banking Offerings

Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking...

January 16, 2024
Incentivizing Innovation Is Crucial for Transforming X-Border B2B Payments

The ability to expand internationally is commonly viewed as a sign of a company’s strength. Doing business compliantly and profitably across borders takes a lot of resources — particularly if...

January 16, 2024
Worldline Taps Google Cloud to Enhance Digital Payments

Payments services company Worldline has joined forces with Google Cloud to enhance its digital transformation. “Since 2022, Worldline has initiated a ‘Move to Cloud’ program that includes using the cloud to accelerate its digital transformation into...

January 15, 2024
Interoperability and Transparency Are Key Challenges as Cross-Border Payments Modernize

When three quarters of a given market are dissatisfied with the way things are going, that’s a market ripe for innovation and technology in the service of making things better. ...

January 12, 2024
PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A

Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding.  The funding round was led by Antler Elevate with participation from...

January 12, 2024
Treasurers Look to Their Bankers to Co-Create Embedded Payments Solutions

Debopama Sen, head of payments, Citi Services, and Biswarup Chatterjee, head of partnerships and innovation, Citi Services, told Karen Webster that when it comes to payments, banks must offer choice,...