| PayPal gets slammed on eBay news, Facebook slides as traffic stalls, SoFi cuts staff. | | | Visa: Innovation At The Core Drives LATAM B2B Transformation New payments flows require new payments solutions. And banks in Latin America are only just now starting to embrace the API economy that will help them address the needs of their corporate customers, says Diego Rodriguez, regional head of commercial solutions at LAC. Rodriguez explains how Visaâs partnership with a FinTech, is accelerating the âspeed to impactâ of the B2B payments innovations that corporate customers need to improve their payments and cash flow efficiencies. |
| Flywire: Why Going Global Requires A Local Focus The secret to operating at a global scale, Flywire CEO Mike Massaro told PYMNTS, is actually finding a way to become a trusted local player in locations all over the world. To serve that end, Flywire has just opened its latest Asia Pacific HQ in Singapore. Massaro and Flywireâs managing director in Singapore, Andrew Ong, explained why being local while going global is such a critical part of Flywireâs global collectionâs network flywheel â and requires much more than just having feet on the street. |
| | PayPal Earnings | | PayPalâs Profit Jumps, eBay Move Induces Investor Separation Anxiety There were a lot of flashy numbers on display during PayPalâs Q42017 earnings report â and most of the news was very good. But investors and analysts only had eyes for one piece of information â the surprise announcement that eBay will intermediate payments and sever ties with PayPal as its primary processing partner. PayPal CEO Dan Schulman told investors that the change was expected and âquite manageable.â But the beating PayPalâs stock price took in after-hour trading implies they might need more convincing. We have the details. |
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