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Why staying put is no longer the safe option for payments innovation

The Payments Association

By adopting a modular, API-first approach, banks can: Reduce staff, hosting and operating costs by launching a low-code, fully extensible loans, cards, payments, and core banking solution on the most appropriate and cost-efficient hosting platform. This can be on-prem, or hosted in any private or public cloud.

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Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet?

Finextra

Choosing the right one can change how you operate, how fast you grow, and how well you serve your customers, especially if you plan to offer cross-border payments. Scope of services you want to offer Do you want to offer microloans, savings schemes, cashbacks, or agency banking? Youll need an eWallet.

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New Report: Can Flexibility Cut X-Border Costs?

PYMNTS

Meanwhile, GPN DATA is aiming to ease the cross-border transaction process by offering its services in seven new languages. Companies are also looking into ways to make the cross-border payment process more transparent and secure. ABOUT THE TRACKER.

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Why Visa Brought Earthport Into Its Orbit

PYMNTS

Earthport offers cross-border payment services to banks, money transfer service providers and other businesses through the largest independent ACH network. To that end, Visa has taken the “buy” path, and said last week that it gained control of Earthport , having bought the U.K.-based

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La Banque Postale Customers Can Send Global Transfers Via Western Union

PYMNTS

French banking subsidiary La Banque Postale is teaming up with Western Union to expand cross-border payments, Western Union announced on Tuesday (Jan. La Banque Postale is the banking subsidiary of France’s postal services operator, La Poste Group , and is also one of the country’s biggest financial institutions (FIs).

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JCB, Sri Lanka’s central bank collaborate to boost local bank cards

Payments Source

The partnership is designed to serve the increasing numbers of tourists visiting Sri Lanka from India, providing payment card options that have local ATM support.

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RiverPay Aids Merchants With QR Code Payment Integration

PYMNTS

Because of the move toward QR code payments, UnionPay released its mobile app in December of 2017 allowing for the technology. “ According to China central bank’s data , Chinese people owned 7.59 billion active bank cards in total, 5.46 cards per capita in 2018.”.