February 20, 2016
As the payments landscape continues to shift – driven by an increasingly global economy, the adoption of more digital-only channels, and increased concerns over security and transparency – Mike Massaro, CEO of Flywire (formerly Peer Transfer) weighed in on the future of global payments. One area in which he anticipates significant growth, as well as continued change, is larger, cross-border payments. Massaro calls out five areas to watch in 2016 and the years to come.
The emergence of a new global citizen demographic
Today, there are more people transacting across borders in larger sums than ever before. This group does not feel bound by borders in terms of lifestyle, access or travel. They are spending increasing amounts on goods ...