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Today In Payments Around The World: PayPal's Xoom Lowers Cost Of Sending Funds To Africa; Volante Accelerates Convergence For Exchange

PYMNTS

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Canada, U.K.

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How the OCC is building Crypto America

Lex Sokolin

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing Like taxes. It must attract global capital and global talent. Here it is. Don’t get us wrong. The IRS just wants its pound of flesh.

America 52
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How the OCC is building Crypto America

Lex Sokolin

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing Like taxes. It must attract global capital and global talent. Here it is. Don’t get us wrong. The IRS just wants its pound of flesh.

America 52
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Flywire Pulls B2B Payments Back Into The Investor Spotlight

PYMNTS

But it wasn’t the only – or even the largest – B2B startup to secure funding. Cross-border B2B payments company Flywire secured $100 million in funding this week, led by Temasek, while existing backers Bain Capital Ventures and F-Prime Capital Partners also participated.

Payments 101
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Investors Target B2B FinTech Firms That Multitask

PYMNTS

Another company includes Portal Finance , which works with factoring firms, banks and large enterprises to improve working capital through enhancing SMBs’ access to finance and promoting faster supplier payments. million venture capital raise. The company said this week that it secured $1.75 The investment follows a $1.5

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Q2 2019: US credit card issuer snapshot

Accenture

For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY). Amazon and SYF expanded partnership with new secured “credit builder” PLCC; Chase and Southwest expand business portfolio with new SMB card; Synchrony renewed its sales finance partnership with Suzuki.

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AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

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