Airwallex news and trends

Airwallex and QuickBooks to Improve Multicurrency Reporting
B2B Payments // June 26, 2024

Payments platform Airwallex integrated with financial software provider QuickBooks. The QuickBooks Bank Feed integration lets Airwallex’s customers connect with Quickbooks’ accounting software and sync their Airwallex transactions across supported currencies into their QuickBooks Online account, thus speeding up the reconciliation process, according to a Wednesday...

Visa: Bots Drive 90% of Stablecoin Transactions
Cryptocurrency // May 06, 2024

Bots account for a vast majority of stablecoin transactions, recent Visa research shows. Fewer than 10% of these transactions come from genuine users, according to a new metric from Visa and Allium Labs, showing that just $149 billion of the $2.2 trillion in total transactions last month came from “organic...

Platforms Rally to Push FinTech IPO Index 3% Higher
Fintech Investments // May 03, 2024

A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps, let’s call this an anticipatory rally. Katapult, the lease-to-own platform, saw its shares leap 49.7%...

Big Innovations Powering Small Business Growth Dominate This Week in B2B
B2B Payments // May 02, 2024

It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation.  That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth; Tuesday (April 30) discussing the need for Main Street...

Interviews & Exclusives
Platforms Rally to Push FinTech IPO Index 3% Higher

May 03, 2024
A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps, let’s call this an anticipatory rally. Katapult, the lease-to-own platform, saw its shares leap 49.7% through the past five sessions. The company filed its 10-K […]

Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure

September 29, 2023
The pandemic era ushered in many favorable trends for global eCommerce businesses, but times have changed, says Pranav Sood, EMEA executive GM at payments firm Airwallex, as international merchants grapple...

Innovating Cross Border B2B Payments: It Takes An Ecosystem

March 19, 2020
Getting U.S. companies to switch to electronic B2B payments is tough enough, but adoption problems only grow when you add in cross-border transactions. “It’s an area that’s ripe for disruption....

Quick Reads
Airwallex and QuickBooks to Improve Multicurrency Reporting

June 26, 2024
Payments platform Airwallex integrated with financial software provider QuickBooks. The QuickBooks Bank Feed integration lets Airwallex’s customers connect with Quickbooks’ accounting software and sync their Airwallex transactions across supported currencies into their QuickBooks Online account, thus speeding up the reconciliation process, according to a Wednesday (June 26) press release. “As businesses scale globally, everything gets […]

Visa: Bots Drive 90% of Stablecoin Transactions

May 06, 2024
Bots account for a vast majority of stablecoin transactions, recent Visa research shows. Fewer than 10% of these transactions come from genuine users, according to a new metric from Visa and Allium Labs, showing that...

Airwallex and BILL Partner to Enable Faster International Payments

April 30, 2024
Airwallex and BILL partnered to help BILL customers make faster international payments. With this collaboration, BILL’s financial operations platform for small– to medium-sized businesses (SMBs) will add the local transfer capabilities of Airwallex’s global...

Airwallex Expands Payment Acceptance Solution to US

April 24, 2024
Airwallex has expanded its payment acceptance solution to the United States. With this service, U.S.-based merchants can accept payments from both domestic and international customers, and foreign merchants with U.S. entities can provide...