Cross Border Payment news and trends

Costly And Slow Cross-Border Payments Are Crushing SMBs And eCommerce Growth
B2B Payments // August 24, 2021

Freshly armed with $10 million in Series A funding, Hong Kong-based Currenxie is on a mission to provide businesses with a hassle-free cross-border payments experience, no matter where they’re based or what currencies they do business in. Currenxie Founder and CEO Riccardo Capelvenere told PYMNTS...

Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
News // January 10, 2020

In today’s top news, Grubhub denies claims that it is considering an acquisition, triggering a 6.7 percent drop in share prices, and Netherlands payments firm PayU buys a majority stake in the India FinTech PaySense. Also, U.S. Chamber of Commerce leader criticizes presidential candidates for...

Santander Localizes Global Payments For Corporate Clients
B2B Payments // October 22, 2019

Santander Bank is launching a new payments solution for its corporate clients to enhance their global payment operations. The financial institution said in a press release Monday (Oct. 21) that it is rolling out the Santander Cash Nexus solution for commercial banking and corporate and...

Amazon Ups Its US Online Cash Payments Game With PayCode
Amazon // September 23, 2019

The name of the game in commerce — domestic, cross-border, whatever — is given consumers as many options to pay as pragmatically possible. In a new PYMNTS discussion with Karen Webster, Ben Volk, head of global payment acceptance at Amazon, talks about why that means...

Interviews & Exclusives
Cross-Border Sellers Want Tools – and Insights – to Avoid FX and Localization Pitfalls

May 16, 2023
Selecting countries ripe for cross-border expansion requires thoughtful analysis of the payments landscape within different geographies to enable successful market penetration with minimal cost and risk to the merchant. That was a key takeaway from a PYMNTS conversation with Roman Tazetdinov, head of geo expansion at Worldline. The Paris-based payment service provider (PSP) is taking a lead […]

Amazon Ups Its US Online Cash Payments Game With PayCode

September 23, 2019
The name of the game in commerce — domestic, cross-border, whatever — is given consumers as many options to pay as pragmatically possible. In a new PYMNTS discussion with Karen...

Getting X-Border Payments Done for Global Citizens

August 31, 2016
The movement of money cross-border by Global Citizens is growing tremendously. What’s needed, Flywire CEO Mike Massaro tells Karen Webster isn’t a money transmission network but a collection network that...

Quick Reads
Siam Commercial Bank To Use Ripple’s Blockchain For Remittance

June 30, 2017
Siam Commercial Bank (SCB), in collaboration with Japan’s SBI Remit announced Friday (June 30) that it is using Ripple’s blockchain enterprise solution to power real-time remittance payments between Japan and Thailand. In a press release, the bank said in the first stage that Ripple’s cross-border payments network solution is helping remittances from Japan reach SCB retail […]

Monese Adds Direct Debit Capability To Its Mobile App

June 19, 2017
Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed on taking on traditional banks. According to a...