How localized payments can take freelance talent marketplaces global

All over the world, the shape of work is changing. Today, there are an estimated 1.1 billion freelancers worldwide – many of which work with clients overseas. For businesses and workers, however, this presents a number of payment challenges. Costly cross-border payment fees eat into businesses’ bottom lines, while lengthy delays impact the lives of … Continued

Remittances on the Rise: Is Your Financial Institution Ready?

Every day, more than 250 million migrant workers send money to friends and family back home. This year, the World Bank predicts remittance flows to low- and middle-income countries to reach a record USD 630 billion, with the United States remaining the largest single source of remittances. While the market opportunity for remittances remains constant, … Continued

Boosting Global Sales with Local Acquiring

By Dzmitry Mikhaliov  Trade is becoming increasingly global and challenging to navigate through the ever-growing global regulatory complexities, capital controls, and the necessity to reach emerging markets. This is especially the case for digital goods merchants, with products not restricted by borders, such as gaming, eLearning courses, apps, online games, SaaS, etc.  The global eCommerce … Continued

More Savings, More Compliance: Corporate Virtual Cards for Travel Strategy

Mid to large-sized corporations have a vast international presence; this, in turn, has a significant effect on travel expenses incurred by executives to unite, collaborate, and close deals that matter. This raises several important questions- how streamlined is the cost management system, and how can more visibility be added to the money movement to ensure … Continued

Money20/20 U.S.A Recap

We spoke with the Nium team that traveled to Money20/20 in Las Vegas, and several key themes emerged from the event:  A demand for international remittance and real-time cross-border payments  The evolution of the payroll process  A focus on emerging markets and Latin America  Watch our video to hear from our executives and what next … Continued

Embracing opportunities in global payments for emerging markets

Businesses that can effectively adapt to the new commercial and technological environment have the opportunity to pursue new routes to growth and efficiency, building a competitive advantage through experience and innovation.  The race for emerging markets   Emerging market growth has increasingly outstripped domestic markets when it comes to global payments.  However, financial links between these … Continued