Cross border payments

The investment will help BillPro's international expansion ambitions in a cross-border payments market that's expected to expand for technology-driven providers.

Banks have traditonally lagged behind in embracing innovation, though blockchain provides the opportunity to quickly ramp up digital services.

Digital payments can make travel payments easier and boost financial services in emerging markets. In some cases, it's doing both.

Blockchain, the technology behind bitcoin, is increasingly seen as a way to cut costs for international payments.

The payments industry has been overrun with innovation in mobile, wearable and cloud-based digital payments. But many niches are years — if not decades — behind this trend.

The collaboration is part of an effort to reach a broader range of agents and global markets with digital cross-border transfers.

The card handles multiple currencies and is designed for students and underserved market segments.

MoneyGram has deepened its reach in Ghana’s busy remittances market with a new partnership with Accra-based Capital Bank, its fifth alliance with a major financial institution in the country.

A dozen global transaction banks are now using the Society for Worldwide Interbank Financial Telecommunication's new global payments initiative service to improve cross-border payment delivery.

The growing number of Chinese consumers traveling to the U.S. and other countries is becoming a two-for-one opportunity for payment companies. The market's gigantic and growing — and it has a lot of trouble executing transactions.