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Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker

PYMNTS

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. 10) press release. “Our 10) press release. and Ireland at SWIFT. .

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Serko Rolls Out Expense Management Tool In North America

PYMNTS

Corporate travel and expense management solution provider Serko has launched its Zeno Expense tool in North America, giving customers a new option for B2B travel management, a press release on the company website stated, alongside the company's Zeno Travel tool that was already available.

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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America.

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Mall of America Skips Mortgage Payments Before June Reopening

PYMNTS

As an indication of how much retail real estate owners are struggling amid the pandemic, The Mall of America has reportedly skipped two payments on its mortgage of $1.4 Research firm Trepp found that the Triple Five Group-operated shopping center missed the April and May payments for its mortgage, CNBC reported.

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In Latin America, Ripple Makes Remittance Waves

PYMNTS

In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. There are even parts of the Latin American market where it’s almost impossible to do an online international payment.”.

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PrimeiroPay, Visa's CyberSource partner on cross-border payments in Latin America

Payments Source

Cross-border online payment service provider PrimeiroPay is partnering with Visa payment management platform CyberSource to open high-growth Latin America markets to merchants seeking access to those regions.

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Faster Payments – FedNow is About to Change the Game for Banks

South State Correspondent

Next week, FedNow goes live, ushering in the next era of faster payments. FedNow joins The Clearing House, which has offered real-time payments (RTP ® ) for the last five years. Banks are about to win back payment flow from non-banks, and in this article, we break down how this will happen and what it means for your bank.

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