March 18, 2014
“It’s Woodstock for Payments Geeks”
It’s rare that the top innovators in the world meet in one location, but that’s just what’s happening today in Boston, as the Innovation Project 2014 kicks off at Harvard...
March 17, 2014
E-commerce Startups Score Funding Successes
Wayfair – March 7, 2014 – $157 Million Wayfair, an online home-goods retailer, has announced it has raised $157 million in new funding. Wayfair’s service allows users to shop for...
March 17, 2014
A Look Inside of IP 2014’s Think-a-Thon®
03 March 2014 The Think-a-Thon and The Power of Collective Innovation Much innovation is about the lone venture pursuing the dreams of its entrepreneurs, creating a successful product, and reaping vast rewards....
March 17, 2014
AFP Survey: Firms Taking A Slow, But Steady, B2B Path
By: Eileen Goode (@eileengoode) When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In...
March 11, 2014
Xoom Acquires Cross-Border Payment Platform
Digital funds-transfer provider Xoom Corp. has acquired BlueKite, a developer of a cross-border payments platform. BlueKite specializes in low-cost funds transfers, particularly remittances to developing economies for underbanked customers. Xoom...
January 31, 2014
EU: MasterCard outlook for interchange fight looks dim
As MasterCard fights to maintain its cross-border swipe-fees throughout the EU, reports say the credit card giant’s efforts against authorities’ recent regulation of the fees is facing new obstacles. According...
January 15, 2014
Western Union and Kimbia: Making Fundraising Simpler
Western Union Business Solutions, a division of the Western Union Co., last month struck a partnership with omnichannel fundraising platform provider Kimbia Inc. to provide organizations a service to help...
January 10, 2014
AFP Survey: Firms Taking A Slow, But Steady, B2B Path
By: Eileen Goode (@eileengoode) When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In...
January 07, 2014
Jack Henry, AmEx Partner On Cross-Border Payments
Client financial institutions of core processor Jack Henry and Associates will have access to American Express’ FX International Payments Service, Jack Henry announced. The AmEx service allows users to engage...
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.