Cross border payments

Our annual Most Influential Women in Payments feature, now in its seventh year, highlights the women who are creating change and opportunities in the payments industry. For the first time, the editors of PaymentsSource have also recognized one woman for lifetime achievement.

Jenifer Swallow has been here before, feeling the excitement of being in in an industry that was about to change commerce forever.

The uncertainty of the modern political climate has created a number of business issues — and a few opportunities for the companies that can guide others through difficult times.

Mastercard has dropped out of a recent bidding war with Visa to acquire Earthport, announcing it will instead buy Transfast, a different cross-border payments firm.

The mobile revolution is turning Western Union into a very different company, one that must adjust to new ways to pay while pouring substantial resources into fending off the threat of e-commerce.

INTL FCStone's Global Payments Division's foreign currency pricing has picked up enough momentum to extend beyond its initial launch to more than 350 correspondent banks globally.

Companies are scrambling to shore up Brexit strategies to ensure their payment systems work, a difficult if not impossible task given the political uncertainty. But it’s also an unavoidable complication, which Tipalti hopes will provide a boost for its service, which is built to expect uncertainty.

The slow U.S. adoption of real-time payments hurts half of Americans who live paycheck to paycheck, says Aaron Klein, a fellow at the Brookings Institution.

China dwarfs the U.S. market in e-commerce adoption and is likely to be soon giving lessons to internet executive from U.S. and Western countries.

As the cross-border B2B payments segment drives new activity among partners and investors, TransferMate has teamed up with Tradeshift, a startup specializing in payments within the supply-chain marketplace.