January 11, 2013
Cross-Border eCommerce: Payments’ Next Frontier
As global trade grows, all stakeholders in online industries are facing new challenges, for instance, how to make cross-border eCommerce profitable. Global eCommerce has been growing, on average, 19 percent...
January 09, 2013
HSBC Appoints Rani Gu To Lead Payments Business In China
HSBC has named Rani Gu to lead its Financial Institutions Group (FIG) in China, notes Finextra. Rani, a former HSBC employee, had spent the past seven years at Citibank. “In...
January 07, 2013
Startup Roundup: Who’s Getting Funded?
Here’s our Startup Roundup: a (close-to-) comprehensive list of each of the startup companies in payments and/or eCommerce to receive at least $1 million in funding from equity investors in...
December 14, 2012
Overcoming The Challenges Of Cross-Border Commerce
What could a partnership between a major issuer like MasterCard and a cross-border comments player like FiftyOne offer to the average consumer? Mario Shiliashki, senior vice president of emerging payments...
December 11, 2012
Earthport Expands Payments Service To Turkey
Earthport has announced the expansion of its cross-border payments service to Turkey. The new payment route comes in response to the growing client demand for cost-efficient, low value payments into...
December 10, 2012
How Can National Card Schemes Remain Competitive? Five Tips
Commentary by John Chaplin, director at Anthemis Group In my 18 years at Visa and 5 years at First Data, I acquired an in-depth knowledge of card payments, card schemes...
November 29, 2012
Cross Border Service Payments under EU Fair Competition and SEPA...
Posted by D. Daniel Sokol Anca Daniela Chirita (Durham Law School) discusses Cross Border Service Payments under EU Fair Competition and SEPA Rules ABSTRACT: EU rules on the functioning of...
November 25, 2012
World Bank Calls For Payments Deregulation
The World Bank has announced that remittance flows to developing countries are expected to exceed the earlier estimates by the bank and will amount to $406 billion, a 6.5 percent...
November 22, 2012
Cyber Criminals Target SEPA
Anti-malware specialists McAfee have reported that Operation High Roller – a wire transaction fraud scam – has targeted the Single Euro Payments Area (SEPA) payments network. The criminals have moved...
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.