Bank finance articles and tips

Cross-border payments is a hot industry. It is also highly competitive and encumbered with serious regulatory requirements. Succeeding in this space requires sound operating tactics, the ability to adapt to changing markets and a deep understanding of myriad regulations. Payoneer, a company funded and managed by Yuval Tal, has been developing prepaid debit card solutions for niche cross-border payments markets for over six years. According to Tal, "Providing international payments, especially under $10K, in a cost effective manner is very tricky and complicated." While companies like PayPal and Moneybookers have meaningful cross-border capabilities, Payoneer has demonstrated technologies that make it easy for a much broader group of users to receive international payments....