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January 15, 2018

PYMNTS X-Border Receivables Report

TRENDING: How Managing X-Border Tuition Receivables Helps Manage Student Debt
 

At 33 percent, Florida Institute of Technology's international student population is higher than any other U.S. university. Accommodating those students includes managing the friction associated with receiving tuition payments from overseas banks, says Terri Carter, Florida Tech’s student financial services director. In the latest PYMNTS X-Border Receivables Report, powered by Flywire, Carter explains how FIT cracked the code on managing cross-border tuition receivables while helping its students avoid falling into the costly student debt trap.

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In-Vehicle Payments

Visa: What’s Driving Automotive's Great Commerce Shift
 

A few years ago, automotive OEMs had one thing on their mind, Visa's SVP of IoT, Avin Arumugam said: who could produce the biggest, baddest and most powerful engine. Today, they’re thinking how software and services inside the cockpit make the car a powerful, mobile connected device, also capable of enabling friction-free commerce. Like, Arumugam said, using iris scanning and rearview mirrors to authenticate and preauthorize drivers to buy stuff on their digital drives.
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Cross-Border Podcast

How Many Payments Does A Cross-Border Merchant Really Need?
 

While the temptation for merchants thinking about global expansion is to adopt an "everything but the kitchen sink" mentality when it comes to payment acceptance, Braintree’s director of international, Albert Drouart, told Karen Webster that’s a myth. Drouart offers new data on how many payment methods are optimal — and why. Spoiler alert: You won’t need more than two hands to count them.

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Consumer Payments Behavior

What Payments Innovators Can Learn From Monkeys
 

Getting consumers to fall in love with innovation is the day job for many a payments innovator. And they almost always produce innovation, Karen Webster says, that asks consumers to make wholesale changes to what they do now. It’s why she argues that getting consumers to change might be more about asking them not to — and what innovations could be well-positioned to become payments innovation’s path of least resistance. Skeptical? Don’t be. Just watch the monkeys.

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What's Hot


Smart Speakers, By The Numbers


Debuting In Japan: The World’s First Cryptocurrency Pop Group


Verifone Introduces Remote Payments


Visa Biometric Card Tech Eliminates PINs And Signatures


Chase Beats, Wells Fargo Doesn’t Meet (Earnings Expectations)


Kroger Explores Boxed Acquisition


Feds Could Bank $50M From Seized Bitcoin Auction


Bill To Ban Use Of Huawei, ZTE Phones


KFC Takes A Bite Of Bitcoin Trend


Visa Makes Signature Optional For Chip Transactions In NA


Best of Yesterday 


NEW REPORT: Why Cash Remains Red-Hot In Spain


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