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and EU like Open Banking and PSD2 that require such cooperation, APIs are emerging as an essential piece of the equation for payments innovation. In the January PYMNTS.com B2B API Tracker , powered by FI.SPAN, the numbers present a picture of the B2B payments ecosystem embracing APIs to become faster, more agile, and more global.
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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 The result?
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