PYMNTS

OCTOBER 11, 2016

The culmination of their experiences and approaches towards managing international payments has resulted in AFEX’s first annual State of International Payments report, which provides insight into how businesses are overcoming the barriers and rising to the challenges of cross-border payments.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Risk International Payments 75

PYMNTS

MARCH 9, 2018

BlueVine , the provider of working capital to small business (SMB) owners, announced news on Thursday (March 8) that it has inked a deal with Veem , the cross-border payments company. Veem changes all that, making it easy for small business owners to send and manage cross-border payments using blockchain technology.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Small Business Payments 40

PYMNTS

DECEMBER 23, 2020

Late payments can also be financially devastating to freelancers during the ongoing health crisis — and to businesses finding it challenging to balance their own cash flows while juggling delays in payments — even though the pandemic is expected to boost gig economy participation. Freelance Flexibility And Cross-border Payments.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Payments 108

The Fintech Times

FEBRUARY 23, 2024

Ebury , the fintech specialising in transactions for SMEs, has expanded its partnership with Nium , the real-time global payments company, to deliver a new global remittance service in Brazil. ” Forecasts suggest that Brazil’s digital payments market could grow to a total transaction value of $170billion in 2024.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Consumer APACS 59

PYMNTS

FEBRUARY 20, 2019

Cross-border payments firm Veem is introducing a rewards program for its business customers. 19) said the company is rolling out VeemRewards, a cash-back rewards program for businesses that use Veem to send payments across borders. An announcement made on Tuesday (Feb.

Cross-Border Payments 66

Cross-Border Payments Cross-Border Payment APIs and Integration B2B 66

PYMNTS

MARCH 17, 2016

The company, which uses a hybrid of blockchain technology and other payment rail infrastructure to enable cross-border payments, said it will look to capitalize on the demand spike for global payment services during the Olympic games, where hundreds of thousands of people will flock from all over the globe.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Blockchain Payments 40

PYMNTS

DECEMBER 1, 2020

Legacy cross-border payment methods that may have been inconvenient but endurable in 2019 no longer serve firms’ needs in 2020. Last year saw 68 percent of companies using wire transfers to transact with international business partners, but more firms are now regarding this approach as too friction-heavy.

Cross-Border 87

Cross-Border B2B Cross-Border Payments Wire Transfer 87

PYMNTS

AUGUST 24, 2020

Digital education platforms must provide satisfying cross-border payments experiences to win freelance teachers and students over to their sites, but this can be difficult to achieve. Marketplaces must often manage currency conversions and meet other localized payment preferences that vary by market.

International Payments 60

International Payments Cross-Border Online and Mobile Banking Cross-Border Payments 60

PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec.

API 78

API Cross-Border Payments Payment APIs and Integration Cross-Border 78

PYMNTS

JULY 20, 2016

There’s a global phenomenon afoot that takes the notion of cross-border payments to a new level – the high value-low frequency transactions made by a whole new category of sender – the Global Citizen. Ultimately, the receiver’s job isn’t to process international payments.

Cross-Border 40

Cross-Border Cross-Border Payments Payments eWallet 40

PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. He also said that money transfers will be faster and five times cheaper than traditional international wire transfers.

Bitcoin 49

Bitcoin Cross-Border Payments Cross-Border Payment APIs and Integration 49

PYMNTS

SEPTEMBER 6, 2018

To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network. The process integrates the World Wire API into banks’ payment systems. The process integrates the World Wire API into banks’ payment systems.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

PYMNTS

MARCH 8, 2017

Research from HSBC released late last year found that among all of the challenges small businesses face when looking to work with suppliers across borders, an overall lack of global business knowledge and experience is what’s truly holding these entrepreneurs back from a global stage. And you need to be able to deal with them.”.

Cross-Border Payments 54

Cross-Border Payments Cross-Border Wires Wire 54

PYMNTS

AUGUST 10, 2017

FLEETCOR Technologies, a global provider of commercial payment solutions, announced Wednesday (Aug. 9) that it has closed its acquisition of Cambridge Global Payments, the B2B international payments provider, for approximately $690 million. The deal was announced on May 1. Cambridge’s headquarters will remain in Toronto.

Global Payments 40

Global Payments Cross-Border Payments Cross-Border B2B 40

PYMNTS

JANUARY 2, 2017

With the increasing trade volume between the two countries, payments have become a major pain point for retailers that often rely on wire transfers, which can take up to three days to complete. That’s a problem that San Francisco-based Wyre is offering to solve with its real-time cross-border payment solution. “We

Cross-Border Payments 42

Cross-Border Payments Cross-Border Payment APIs and Integration Blockchain 42

PYMNTS

JUNE 9, 2017

Likar told PYMNTS that the payout side of cross-border businesses — as it currently stands — remains fragmented, with the absence of standardized payment rails that are commonly used for domestic transactions. Injecting speed into cross-border payments. Making payments, X-border, into the future.

Cross-Border 46

Cross-Border Cross-Border Payments Wire Transfer Venmo 46

Nanonets

MARCH 27, 2024

QuickBooks is one of the top names in accounting and bookkeeping, customizable enough to appeal to a wide range of business types and sizes while staying sufficiently standardized to ensure a common user experience for all users – even international clients. However, it does not offer direct international payment processing.

International Payments 52

International Payments Wire Transfer Cross-Border Wires 52

PYMNTS

SEPTEMBER 24, 2019

IBM, for its part, has been developing blockchain known as Stellar, focused on cross-border payments. That comes in tandem with the launch of World Wire , which is an international payments system. There are World Wire payment locations across 72 countries. Cisco, Too.

Blockchain 49

Blockchain Cross-Border Payments Wires Wire 49

EBizCharge

APRIL 25, 2024

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. They offer a cost-effective and convenient option for recurring payments, such as utility bills, mortgage installments, and subscription fees.

Wire Transfer 52

Wire Transfer Wires Wire Electronic Funds Transfer (EFT) 52

PYMNTS

APRIL 23, 2020

“Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”. The technology from Gilded facilitates instant international payments with cryptocurrency and doesn’t charge transaction fees.

Technology 78

Technology Digital Currency Best Practices CRM 78

PYMNTS

FEBRUARY 3, 2017

2) that it has substantially increased its international payments capabilities via the bank’s online and file-based banking portal CashPro. In a press release , Bank of America said tens of thousands of CashPro users can now make cross-currency ACH payments in 60 countries and in 22 currencies.

ACH 40

ACH Cross-Border Wire Transfer Cross-Border Payments 40

PYMNTS

DECEMBER 12, 2017

Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. 11) that its WorldLink Payment Services has added 10 new countries with which it can facilitate cross-border payments; the markets are across the EMEA (Europe, Middle East and Africa) region, said Citi. “We

Cross-Border 40

Cross-Border ACH Treasury Payment APIs and Integration 40

PYMNTS

JUNE 7, 2016

But as Edward Baker, Assistant Bursar at Cornell University, pointed out, the steps involved in accepting and processing these cross-border payments for higher education can be painstaking for both the schools and the students themselves. THE WIRE TRANSFER ALTERNATIVE.

Wire Transfer 42

Wire Transfer Cross-Border Payments Wires Wire 42

PYMNTS

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. We use Bill.com for all our international payments to vendors overseas.

Multi-Currency 40

Multi-Currency Wire Transfer Cross-Border International Payments 40

PYMNTS

JUNE 27, 2017

Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company.

Payment APIs and Integration 40

Payment APIs and Integration Cross-Border Payments Cross-Border Wires 40

PYMNTS

MARCH 23, 2020

These workers will likely still expect fast payments regardless of the markets in which their employers are based. Facilitating cross-border payments can be problematic for businesses and their partner banks, especially as real-time payment platforms become more popular. The cross-border payment problem .

Cross-Border Payments 61

Cross-Border Payments Cross-Border Wire Transfer Wires 61

Stax

MARCH 14, 2024

Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Industry data shows that the B2B payments landscape is rather diverse. TLDR B2B payments are payment transactions that occur between two businesses.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

MARCH 29, 2016

And with banks flocking to the technology, the area of crytocurrency and distributed ledgers has luckily earned a comfortable spot among disruptors as a potential to change the way international payments are made. At its core, the payments are much faster than what you can achieve through the banking system,” Chester claimed.

Cross-Border 41

Cross-Border Payroll Cross-Border Payments Bitcoin 41

PYMNTS

SEPTEMBER 30, 2016

The growth of international markets has brought much attention to Global Citizens , who have very specific payment needs when moving money outside of their home country to fulfill their personal and family ambitions. Oftentimes, institutions looking to expand their acceptance of international payments are ill-equipped.

Payments 75

Payments International Payments Cross-Border Wire Transfer 75

PYMNTS

DECEMBER 8, 2017

Much changes in a quarter century in any realm — personal and professional — but especially in payments. And especially in cross-border payments , where, amid globalization, currencies shift and businesses connect across time zones, languages and even industries.

B2B 44

B2B Cross-Border Cross-Border Payments Payments 44

PYMNTS

JANUARY 13, 2017

But thanks to faster cross-border payments solutions, the distance between nations across the world is shrinking considerably. He expressed optimism that solutions like Align’s multirail payments platform will help address that shortfall for smaller players in the global commerce space. “[We] In short, no. and the U.K.

Regulations 42

Regulations Cross-Border Blockchain Cross-Border Payments 42

PYMNTS

JUNE 13, 2016

Companies can register their suppliers in Amex’s FX International Payments portal then place an order with that vendor. At checkout, American Express explains, companies can choose their Amex commercial card as the settlement method; the card is charged, and suppliers are paid as if via wire transfer.

Commercial Card 40

Commercial Card Finance Wire Transfer Cross-Border 40

PYMNTS

NOVEMBER 16, 2017

Wu said the company had to coordinate with the vendor, figure out international shipping and logistics and navigate the challenges of cross-border payments and foreign currency. “It International vendors, Wu said, have little trust; they insisted on payment in advance, typically by wire or credit card.

Cross-Border 46

Cross-Border Cross-Border Payments Compliance Wires 46

PYMNTS

JANUARY 16, 2018

With so many international students, Carter said the university needed a service that could handle international payment receivables. It also gives us additional information so that when the wire gets here we know who it is for.”. International Payment Plans.

Payments 43

Payments Wire Transfer Wires Wire 43

PYMNTS

AUGUST 21, 2019

Leavitt noted that the industry’s efforts to replace checks and wire transfers must take into account a traditional pain point for international payments. These international payments, treated domestically, represent about 50 percent of Boost’s cross-border activity, Leavitt told Webster.

Commercial Card 58

Commercial Card B2B Cross-Border Push-to-Card 58

PYMNTS

SEPTEMBER 15, 2017

The payments, he added, are wired through Bank of America to suppliers’ accounts at various banks in Kenya and typically take 48 hours to process. And, perhaps with the advancement of faster cross-border payments, the benefits of fair-trade commerce could even help expedite the preservation of rhinos and other wildlife.

Cross-Border 42

Cross-Border Cross-Border Payments Participant Product 42

PYMNTS

SEPTEMBER 10, 2018

Electronic invoicing provider Basware , for one, recently integrated B2B solution NetworkPay in a move designed to help businesses pay suppliers automatically and ease companies away from paper checks, as well as expand the reach of electronic payments into the B2B space. APIs Steal The Show In London’s West End .

API 40

API Payment APIs and Integration B2B Cross-Border 40