Visa expands ConnexPay collab, Ripple teams with MoneyGram for B2B X-border payments and Goldman Sachs considers digital coin
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 12019

       BUSINESS-TO-BUSINESS EDITION

B2B Payments

Ripple Talks MoneyGram X-Border Payments Deal

The correspondent banking system, which underpins cross-border B2B commerce, is anything but efficient — and is especially expensive for smaller enterprises. However, up until now, it’s been the only game in town. A new partnership between Ripple and MoneyGram, tied to blockchain and cryptocurrencies, seeks to change all that, as Kahina Van Dyke, SVP of business and corporate development at Ripple, tells PYMNTS. Here’s why.

 

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Data Digest

Private Sector Not Immune To Late Payments Struggle

The late payments fight goes global this week, with the spotlight turning on Scotland's construction industry, while new Xero research points to the struggle of Aussie small businesses (SMBs) in particular. In the U.S., meanwhile, late payments criticism hits both the private and public sectors.

 

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Fleet

Fleet Payments Explore The Connected Car Opportunity

Autonomous vehicles and connected cars have tech players exploring how to use a vehicle to disrupt payments in the same way as the mobile device. Car IQ CEO Sterling Pratz says that opportunity is particularly large in the fleet payments space, as technologies like telematics and IoT gain traction.

 

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What's Hot


ConnexPay Expands Visa Collab With New Funding


Goldman Eyes Digital Coin For Payments


PayNet Automates SMB-To-Lender Data Sharing


PCI SSC Launches New Validation Programs


BIS Warns About Corporate Borrowing


Best Of Yesterday


Solving B2B's Back-Office (Digital Payments) Challenge


Supply Chains Explore The API Opportunity


Funding Lands T&E Firm TripActions $4B Valuation


 

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