A US neobank is offering a simple onramp to crypto that targets Hispanic users. Could it pave the way for using digital assets in cross-border payments?

Despite posting mixed revenues, both firms delivered strong digital volume results in Q3—which may be key to keeping competition at bay.

Ria Money Transfer and Wise each forged global payment partnerships, and Singapore and Malaysia linked their payment systems.

Both companies delivered impressive Q2 results and may try to expand their core money businesses and move into high-growth sectors like cryptocurrencies.

Blockchain is attracting enormous interest on the back of surging cryptocurrency valuations and increasingly high-profile payment integrations. But as a real payment currency, blockchain-based cryptocurrency still must overcome many hurdles before it can truly disrupt the space.

The pandemic accelerated payments industry digitization across the entire landscape, as merchants turned to ecommerce to keep doors open, consumers eschewed cash in favor of electronic and contactless payments, and payments technology providers rapidly developed and launched new solutions to keep up.