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PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

PYMNTS

PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. Customers using Xoom can now go online or use mobile devices to send money to 70 percent of countries around the world via this deal. through 2028.

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

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Here’s How to Become More Than the Branch Next Door

Gonzobanker

We’re gearing up for Smarter Bank LIVE , and your 325+ RSVP responses to our upcoming online event make one thing clear: You want your bank to become more than the branch next door. According to Cornerstone Advisors research, 47% of consumer checking accounts opened in 2023 are at fintech companies or online banks (not traditional banks).

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Who’ll Win When Facebook Advertisers Flee?

PYMNTS

Analysts have estimated the value of Amazon’s ad business, in revenue , to be between $5 billion and $18 billion today, while others say it could be worth as much as $50 billion by 2028. And, now, thanks to Alexa, consumers can also order things across a slew of connected devices and mobile apps.

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