Cross-border

Alibaba’s Singles Day has created a proven template for a successful shopping holiday, and it’s now up to U.S. online giants like Amazon to apply a similar strategy, says PPRO's Steve Villegas.

The millions of people displaced by war, famine and other hardships face distinct challenges and dangers when accessing and using money, and these pain points are being addressed by a blockchain-powered payment app that is part of Western Union's accelerator program.

MoneyGram International will use Ripple's blockchain to boost foreign exchange settlement for international payments.

Ripple's role in streamlining international transactions and the popularity of its XRP tokens has boosted the company's value, but has also drawn critics who claim Ripple is illegally gaming the market.

Interac and Bambora see an opportunity to pull back Canadian domestic e-commerce transactions from credit cards to Interac debit and make it possible for Canadians to shop online in the U.S. with Interac cards.

Jack Ma’s Ant Financial Services Group has deep enough pockets to win the bidding war against Euronet Worldwide for MoneyGram, but money may not be the deciding factor in this deal.

Ant Financial raised its agreed offer for MoneyGram International Inc. by 36 percent as the financial-services company controlled by Chinese billionaire Jack Ma tries to top a competing offer and overcome security concerns.