Cross border payments

December 6, 2019 12:01 AM
In theory, the beauty of e-commerce is that a merchant can court any shopper in any part of the world with an internet connection. In practice, attracting a shopper and providing them with the customer experience they expect will look different in every country, says Lee Clifton of JP Morgan Merchant Services.
5 Min Read
December 5, 2019 12:01 AM
Large banks’ embrace of PSD2-influenced open banking has often been reluctant. Not so for Citigroup.
4 Min Read
November 26, 2019 10:37 AM
Interoperability has become a top priority in the minds of those advancing faster payments.
5 Min Read
November 21, 2019 2:11 PM
Alibaba’s gigantic stock debut in Hong Kong gives it extra fuel to become a global payments empire.
4 Min Read
November 19, 2019 11:44 AM
In a move that accelerates Western Union's plan for its money transfers to be part of advancing digital technology, the cross-border payment provider has entered an agreement with Amazon Web Services for long-term cloud services.
2 Min Read
November 12, 2019 11:34 AM
From its start four years ago as a PayPal service, the Xoom mobile money transfer network has positioned itself as an international P2P app that could rival traditional networks through its speed and ease of use.
2 Min Read
November 7, 2019 12:01 AM
Isolationist politics are creeping closer to the payments industry, with European banks threatening to build a localized payment ecosystem to push back against the major American card brands.
4 Min Read
November 6, 2019 1:10 PM
Swift and EBA Clearing have started developing the process by which Europe's large-value payment system will migrate to use of the ISO 20022 messaging standard.
2 Min Read
November 5, 2019 1:45 PM
Germany’s Wirecard has taken a controlling stake in AllScore Payment Services, a Chinese company with a set of cross-border payments licenses Wirecard hopes will extend its reach to merchants with ties to China.
1 Min Read
October 30, 2019 4:57 PM
In launching a new international account for its business clients, Starling Bank is converting the bank's debit card to support payments in either pounds or euros.
1 Min Read