Nuvei’s Payoneer Deal Shows Businesses Want More From Cross-Border Payments

Global commerce has shrunk the world. Now, the world is shrinking global commerce as the cross-border payments market is entering a new phase of consolidation. Global FinTech Nuvei ’s planned $2.75 billion acquisition of financial services platform Payoneer , announced Monday (June 15), underscores a broader shift underway across financial services.