Cross border payments

Banks are asking Hong Kong property agents to stop accepting China-issued UnionPay cards, as mainland authorities escalate their crackdown on capital flows out of the country.

Ant Financial said it’s considering whether to make a higher offer for U.S. money-transfer firm MoneyGram International Inc., after that company said an unsolicited takeover bid by a smaller, little-known rival could be a better deal.

The surge of students seeking an overseas education in recent years powered rapid growth for Flywire, a Boston-based payments technology firm that handles cross-border tuition payments. It must now test whether the global network it built can serve the B-to-B market as well.

Operating from Kansas, payments processor Euronet Worldwide has been working furiously—and quietly—on a way to disrupt China-based Ant Financial's deal to buy Dallas-based MoneyGram ever since news broke in January.

Euronet Worldwide Inc. offered to buy MoneyGram International Inc. in a cash deal that the firm said values the company at a higher premium than a competing bid from billionaire Jack Ma’s Ant Financial.

Mobile money apps have proven to be a major force in building financial services in emerging economies, but under the hood they can be starkly different.

The certification covers compliance, risk and strategy expertise as the payments industry becomes increasingly digitized and global.

For the music industry, which globalized quickly as its products moved online, payment processes haven't kept up.

The cross-border payments startup will use proceeds from its Series D round to fuel growth.

U.S. corporations with heavy international payments traffic between buyers and suppliers are looking for ways to use financial technology to streamline processes.