It is predicted that the number of freelance or on-demand workers worldwide will be in the 500-million range within 10 years. Compensating that growing number of short-term or part-time workers is expensive using legacy payment systems, particularly when a cross-border payment is required. Payment Rails has just received $1.1 million in seed money to bring its platform to market in Canada and the U.S. on a white-label basis. It offers companies an application programming interface (API) that allows for the transfer of money to banks in most countries in the world. Settlement can be made in ...