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

The Payments Association

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes.

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New Report: Can Flexibility Cut X-Border Costs?

PYMNTS

Cross-border trade is poised for a big boost in the coming years as more U.S. This increase in cross-border trade also brings new challenges and opportunities, including in the logistics market. What does it take to help keep billions of dollars’ worth of goods moving smoothly across borders?

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WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students

PYMNTS

Tencent’s WeChat Pay has introduced a payment service aimed at Chinese students who want to pay their tuition fees at universities in South Korea, according to reports. The move is an attempt to make it easier for those students to make cross-border transactions.

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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. T hen, you also have a bunch of third- party services and bank models that supply those types of payments on behalf of [businesses, consumers] and governments.

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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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Alipay+ Enables Digital Payment of 14 Overseas E-wallets From 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Fintech Finance

Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+ , a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International. This covers a population of approximately over 1.2

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Top Issuers Embrace FinTech Collaboration For Biz Card Innovation

PYMNTS

. “Boost’s technology, paired with [its] supplier enrollment and reporting capabilities, enables our clients to overcome acceptance concerns, and grow their card platforms,” said the bank’s Head of Commercial Card John Skinner in a statement. Visa Takes Virtual Cards Across Borders.

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