Payments in the travel industry are more demanding and challenging than in other verticals. Not only is travel cross-border and ever-changing, it also involves complex supply chains (and thus payment chains) spanning hotels, airlines, car rentals and a wide range of other transport and travel services. Payment times can also be lengthy, and cancellations, disruptions, … Continued
There was a time when handling business payments usually meant working with banks. But today, thanks to the growth of fintech and open banking, there are many payment service providers (PSPs) who can offer B2B and B2C solutions for all types of enterprise. Because the payments industry is highly competitive and new providers emerge every … Continued
The global gig economy offers companies access to an ever-expanding pool of skills and knowledge. The race for this talent is intensifying in the remote work era, as more highly skilled professionals turn to independent contracting, and businesses shift their perceptions of outsourced skills and expertise. According to industry studies, the worldwide freelance market is estimated to be … Continued
Published Jun 24, 2020 Global payments are at an all-time high with revenues expected to hit $2 trillion by the end of 2020, according to McKinsey [1]. Per capita international transactions have risen to 0.7 annually from 0.5 in 2014. However, large enterprises, mid-sized corporations and financial institutions face several challenges when it comes to cross-border payments. … Continued
Published Aug 24, 2020 Picture this: a beautiful, cosy house, in a great neighbourhood — trimmed lawns, neighbours that mind their business, peace and quiet, but no roofing above the house. Sounds absurd, right? Now imagine again: an active, global-reaching marketplace with quality sellers and buyers, but no inclusive, accessible or reliable payout options. Sounds absurd … Continued