The Challenges And Opportunities Of Cross-Border Payments For Traditional Banks [Forbes]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: Forbes
When I needed to transfer funds internationally a few years ago, my bank's timeline was five days (with high fees) and the exchange rate didn't exactly favor me. Looking for alternatives, I found a fintech service that made the transfer much faster, with a better rate and lower fees. Like many consumers, I opted for the fintech route. That experience shaped my view on traditional banks and cross-border payments. It's not just about competing with fintechs—it's about delivering an experience that truly meets customer needs. Having worked in the cross-border payments space, particularly in retail banking, I've seen the complexities that continue to impact consumers and financial institutions alike. Cross-border payments are still bogged down by regulatory demands, technological gaps and transparency issues. But Juniper Research suggests that the percentage of instant cross-border B2B payments will rise by over 40% by 2028, amounting to $124 trillion in B2B payments alone . The adop
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News
- CFPB May Place Google Under Federal Supervision [zero hedge]zero hedge
- Shopify Surges on Upbeat Q3: ETFs to Gain [Yahoo! Finance]Yahoo! Finance
- PayPal Unveils Innovative Money Pooling Feature, Simplifying Group Expenses Between Family and Friends [Yahoo! Finance]Yahoo! Finance
- Money Transfer Apps Industry Worth $47.67 Billion by 2029 - Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More [Yahoo! Finance]Yahoo! Finance
- PayPal Unveils Innovative Money Pooling Feature, Simplifying Group Expenses Between Family and FriendsPR Newswire
PYPL
Earnings
- 10/29/24 - Beat
PYPL
Sec Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/15/24 - Form 4
- PYPL's page on the SEC website