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 Wire 61

Nanonets

SEPTEMBER 28, 2023

= Cross-border payments have become increasingly popular as businesses and individuals alike seek to capitalize on opportunities in foreign markets. Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. What Are Cross-Border Payments?

Cross-Border Payments 52

Cross-Border Payments Cross-Border Wire Transfer Wire 52

The Fintech Times

FEBRUARY 28, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having explored the evolution of cross-border payments to date, we now turn our attention to the biggest barriers that may be limiting and slowing the growth of the space.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Correspondent Bank Correspondent 59

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 Wire 108

Clearly Payments

NOVEMBER 19, 2023

In a time defined by globalization, businesses often look to cross international borders for expansion. One pivotal tool that facilitates this global reach is the international merchant account. These accounts enable businesses to receive payments from buyers in different regions, contributing to the ease of global trade.

Cross-Border 52

Cross-Border Cross-Border Payments Accounts Multi-Currency 52

PYMNTS

JUNE 29, 2018

More companies are looking toward international expansion, meaning the skies are growing increasingly crowded with business travelers. These travelers might be prepared to pursue opportunities in new markets, but the challenges of cross-border payments can throw a wrench into even the best-laid plans.

Cross-Border 43

Cross-Border Cross-Border Payments Reconciliation Payments 43

Fintech News

JUNE 19, 2024

This stability makes them an attractive option for investors and businesses looking to mitigate the risks associated with crypto volatility, offering the benefits of digital currencies such as fast transactions and low fees without the drawbacks. The process flow to use StraitsX XSGD at the Singapore Fintech Festival 2022.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

PYMNTS

JUNE 30, 2020

The pandemic has upended daily life – and in payments, it is moving analog, face-to-face transactions toward the digital realm. In an interview with PYMNTS, Michael Bermingham, co-founder and chief business officer for Nium , said the pandemic has been changing the very nature of cross-border payments.

Cross-Border Payments 101

Cross-Border Payments Cross-Border Transactions Mitigation 101

PYMNTS

APRIL 6, 2017

Cross-border payments can be rough seas for any company. But transacting across borders is one of the largest challenges, especially when it comes to paying overseas suppliers. Virtual account numbers (VANs) and virtual cards are one way to mitigate some of the risks of cross-border payments, he said.

Cross-Border Payments 45

Cross-Border Payments Cross-Border B2B Payments 45

PYMNTS

JULY 18, 2016

It’s only been a few months since Western Union Business Solutions rolled out EDGE , a cross-border payments platform for SMEs, but the firm is already expanding the tool. ” The WU EDGE platform enables international payments and provides a portal through which SMEs can connect with each other. .

Cross-Border 40

Cross-Border Cross-Border Payments Small Business Mitigation 40

Fintech Review

MAY 4, 2025

Cross River Provides embedded payments, banking, and lending infrastructure for fintechs, with a strong compliance focus. It is non-negotiable for any business handling payments, onboarding customers, or moving money across borders. Best for : SMEs needing efficient cross-border banking.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

OCTOBER 2, 2018

Cross-border payments technology provider AscendantFX is bolstering its offering for financial institutions (FIs) through an integration with WireXchange, the wire transfer service operated by Fiserv. In a press release Tuesday (Oct.

Cross-Border Payments 55

Cross-Border Payments Payment APIs and Integration Cross-Border Wire Transfer 55

PYMNTS

MARCH 19, 2020

These workers appreciate the flexibility ad hoc work brings to their schedules, but the less structured nature of the work can also mean facing certain payments challenges. To learn more about how Bellhops is creating faster payments support to keep its workforce moving, visit the Tracker’s Feature Story.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Economy Direct Deposit 77

PYMNTS

DECEMBER 3, 2020

Many are tightening their belts in the hopes of mitigating persistent cash flow shortages that are dragging on their bottom lines. . However, cross-border commerce still represents a major growth opportunity for struggling businesses. Factors Driving Cross-Border Innovation .

Cross-Border 52

Cross-Border Wire Transfer Cross-Border Payments Wire 52

The Fintech Times

MARCH 31, 2024

SurePay’s VoP name-matching solution will operate domestically and cross-border, hoping to empower European, British and global banks to pre-validate international payments. It developed the service to help PSPs add a crucial layer of verification and risk mitigation to financial transactions.

Payee 59

Payee SWIFT Cross-Border Cross-Border Payments 59

PYMNTS

FEBRUARY 25, 2020

This week’s look at the latest in payment rail innovation finds solution providers largely embracing the opportunity to develop new technologies for legacy payment rails. Some firms are focusing on the payer — looking to combat fraud or cross-border payments friction — with their tools.

Cross-Border Payments 56

Cross-Border Payments Cross-Border SWIFT Debit Network 56

PYMNTS

SEPTEMBER 11, 2018

Small and medium-sized firms (SMBs) are more encouraged than ever to expand across borders, whether that be trading internationally or physically traveling to new markets to conduct business. ” SMBs particularly appear challenged by FX risk mitigation, he noted. American Express data recently found that U.S.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Multi-Currency Risk Mitigation 40

PYMNTS

FEBRUARY 28, 2020

Organizations that absorb and process supplier invoices within the Centsoft platform can see that data be automatically added into QuickBooks Online to support the payment and reconciliation process. “This combination increases data accuracy, and shortens payment cycles.”

Automation 83

Automation Payment APIs and Integration B2B Accounts 83

PYMNTS

APRIL 19, 2018

Multi-currency account provider Centtrip is introducing a way for corporates to make and receive faster cross-border payments. based company, which provides global payments, foreign exchange (FX) and banking services, announced its real-time payments solution on Wednesday (April 18).

Real Time Payments 40

Real Time Payments Cross-Border Payments Multi-Currency Cross-Border 40

PYMNTS

JUNE 19, 2020

The most successful among them are adapting to this digital ecosystem by innovating new digital capabilities, as Justin Benson, CEO of cloud-based payments platform Spreedly, noted in an interview with PYMNTS. For more information on these stories and other payments orchestration headlines, download the Playbook.

Payments 75

Payments Money Laundering Regulatory Compliance AML 75

PYMNTS

FEBRUARY 8, 2017

Flywire — the payments business that aims to make large-sum, cross-border transactions in education and health care simpler, more transparent and less friction-filled — had gotten pretty good at being invisible. We were already number one for cross-border education payments in the United States.

Cross-Border 50

Cross-Border Cross-Border Payments Push-to-Card Bitcoin 50

PYMNTS

NOVEMBER 12, 2018

The survey results and commentary suggested corporates need efficiency and reliability more than other benefits of electronic payment rails. “While many are closely following industry advancements, the need for guidance around what the many options mean for their particular payments circumstance is crucial.”

Innovation 44

Innovation Cross-Border Real Time Payments Cross-Border Payments 44

PYMNTS

AUGUST 3, 2018

Most mid-sized firms (52 percent) transacted across borders, compared to just 37 percent of mid-sized firms that engaged in global business in the first quarter. Researchers calculated a nearly 25 percent increase in average cross-border transfer values for SMBs compared to 2016 data. The data, published Thursday (Aug.

Volume 40

Volume Cross-Border Small Business Mitigation 40

PYMNTS

AUGUST 9, 2019

8) that three unnamed sources revealed Citi is advising on the process as GPS, which provides foreign exchange services to mitigate FX risk for corporate clients, seeks a buyer. Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. The publication reported Thursday (Aug.

Cross-Border 43

Cross-Border Risk Mitigation Cash Management 43

Segpay

OCTOBER 4, 2023

Currency Conversion and Preferred Payment Methods Furthermore, the PSP handles currency conversions if the affiliate program operates cross-border. A dedicated PSP offers various payment methods to accommodate affiliate preferences. This tracking is essential to determine which affiliates drive specific conversions.

Security 52

Security Due Diligence Compliance Payments 52

Nanonets

SEPTEMBER 30, 2023

In today's interconnected world, the swift and secure transfer of funds across borders is essential for international trade and finance. Its inception marked a significant step forward in automating financial transactions, reducing the reliance on time-consuming manual processes and mitigating the risk of errors.

SWIFT 52

SWIFT Wire Transfer Wire Wires 52

PYMNTS

SEPTEMBER 25, 2018

External and internal changes are forcing treasurers and other payments professionals to adapt to and adopt new tech and processes as they seek to get a handle on cash flow. Visibility into “cash in and cash out” of corporate coffers takes on a new urgency when funds flow across borders, time zones and currencies.

Treasury 55

Treasury Real Time Payments Cash Management SWIFT 55

The Fintech Times

JUNE 11, 2024

To start, we’ve been laser-focused on our investments and our plans to transform the cross-border payments landscape to help our customers grow their businesses with confidence. We help our customers through these changes both at an operational and strategic level by assisting them with FX risk mitigation strategies.

Cross-Border Payments 59

Cross-Border Payments Compliance Cross-Border PayPal 59

PYMNTS

OCTOBER 8, 2018

Largely immune to external threats like weather, driver fatigue and driver shortages, railroads can also mitigate delivery delays and uncertainty. The responses are my own thoughts, and all center around whether you think B2B payments’ biggest pain point is the payment itself. Could it be better when moving money across borders?

B2B 76

B2B Same Day ACH Payments ACH 76

Nanonets

APRIL 17, 2024

Payment processing, particularly when managing cross-border and international payments.  Third-party apps and add-ons may mitigate this issue somewhat, but those needing specialized services should generally seek specialized providers rather than a generalist solution like QuickBooks. 

Cross-Border 52

Cross-Border Cross-Border Payments Small Business Accounts 52

PYMNTS

SEPTEMBER 19, 2017

The adage holds true in payments, especially, and manual processes are to blame. What follows are just a few of the important things every company should know about international payments solutions in today’s B2B payments landscape: 1. B2B Payments Via Banking Providers Are Slow And Expensive.

Process 46

Process SWIFT Payments B2B 46

PYMNTS

AUGUST 1, 2018

In Ramos’ view, treasurers are beginning to take the lead in FX risk mitigation, and it appears education has become a critical component of that effort. Many small- to medium-sized businesses have cross-border payments and simply accept the fact that sometimes rates move in their favor, and sometimes they move adversely,” reflected Ramos.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Disputes 40

Stax

MARCH 14, 2024

Many B2B payments still rely on manual processes, leading to inefficiencies and human error. B2B payments are vulnerable to fraud, particularly when involving large sums of money and manual processes like checks. Most of these challenges can be addressed by choosing the right payment provider.

B2B 88

B2B Process B2C Credit Cards 88

Stax

JANUARY 17, 2024

In case you’re dealing in international transactions, you’ll need a PayFac that processes global currencies and multiple payment types. Challenges and Considerations with ACH PayFacs SaaS companies and ISVs operate in a highly competitive marketplace and a dynamic payment ecosystem.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

PYMNTS

APRIL 12, 2018

but small businesses (SMBs) remain resiliently focused on expansion across borders. The window of opportunity is open,” she added, highlighting the potential for countries to mitigate financial risks and promote “inclusive” growth. Geopolitical volatility continues to rattle major markets like the U.S. and the U.K.,

Small Business 46

Small Business Mitigation Risk Economy 46

PYMNTS

JULY 17, 2018

The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Agreements Use Case 40

CB Insights

FEBRUARY 21, 2019

These title management issues could potentially be mitigated by using blockchain technology to build immutable digital records of land titles. Ripple connects banks and payment providers on RippleNet, its private blockchain, seeking to provide a payment platform for transferring money globally. Source: Ripple.

Blockchain 78

Blockchain Due Diligence Legal Transactions 78