January 10, 2024
Thunes Picks Former Worldpay Exec Floris de Kort as CEO
Cross-border B2B payments firm Thunes has named a new chief executive. Floris de Kort, a veteran of companies such as Worldpay, has been chosen as the Singapore-based company’s CEO. He replaces Peter De...
January 09, 2024
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets
Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently. With Visa Direct’s money movement capabilities, the clients of CIBC and its digital banking...
January 09, 2024
Real-Time Payments Put Spotlight on Small Businesses as New Year...
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and...
January 08, 2024
Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers with sellers worldwide to reinforce...
January 08, 2024
BigCommerce and Marketplacer Partner to Create Multi-Vendor Marketplaces
BigCommerce and Marketplacer have partnered to enable BigCommerce customers to transform their online stores into multi-vendor marketplaces. With the BigCommerce Marketplace Connector enabled by this partnership, BigCommerce customers can allow third-party sellers to list and...
January 08, 2024
The Eight Pivotal Strategies for Payments and the Digital Economy...
One: Companies monetize certainty as businesses and consumers prize predictability. Two: Shopping shifts from buying to editing as replenishment models change retail dynamics. Three: GenAI becomes a feature, and everything...
January 07, 2024
Payments Experts: G20 Faster Payments Goals Could Foster Financial Crime
Will the G20’s campaign for faster payments have unintended negative consequences? A new report by the U.K.’s Future of Financial Intelligence Sharing (FFIS) said plans to make digital payment systems faster by...
January 05, 2024
ZilBank.com Launches X-Border Transaction Service for South Korean Entrepreneurs
B2B payment platform ZilBank.com launched an initiative aimed at empowering South Korean entrepreneurs and freelancers by enabling seamless payments to the United States. The program seeks to promote worldwide business expansion without being limited by...
January 04, 2024
Fresh2 Acquires Youfood to Enhance Food Supply Chain Management Capabilities
Fresh2 Group, a B2B eCommerce and supply chain management company serving the restaurant and food industry, has acquired Youfood Group, a business-to-customer cross-border eCommerce platform. The company has done so...
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.