Global Payments

Globalization is driving corporations to transact more frequently across borders. Consumers are also transacting more on a global basis—buying from foreign eCommerce sites as well as traveling, living, and working abroad. For the payments industry, the result is higher volumes of payments—in terms of both currency value and number of transactions. This is also leading to a consequent shift downwards in the average value of these payments.

Digital Wallets Are Reinventing Cross-Border Payroll and Compliance
Digital Wallets Are Reinventing Cross-Border Payroll and Compliance
March 13, 2025  |  Payroll

Cross-border payments are the holy grail of global commerce and among its biggest pain points. That cross-border pain, as well as those gains, can be...

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Report: Papaya Global Adds Citi as Sponsor Bank
Report: Papaya Global Adds Citi as Sponsor Bank
March 10, 2025  |  Cross-border Payments

Payroll payments provider Papaya Global reportedly added Citibank as a sponsor bank, joining the company’s other sponsor, JPMorgan Chase. The relationship with Citi will enable Papaya Global to...

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What the White House’s Crypto Strategy Means for Payments Innovation
What the White House’s Crypto Strategy Means for Payments Innovation
March 04, 2025  |  Cryptocurrency

In a move to position the United States at the forefront of the digital asset landscape, President Donald Trump’s administration plans to create a U.S....

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African FinTech Nala Plans $120 Million Fundraise for X-Border Payments
African FinTech Nala Plans $120 Million Fundraise for X-Border Payments
February 27, 2025  |  Cross-border Payments

Cross-border payments startup Nala is attempting to raise $120 million in its next funding round. The Tanzania-based company aims to reach that goal by selling...

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Vistra and Airwallex Team on Embedded Finance to Boost Business Growth
Vistra and Airwallex Team on Embedded Finance to Boost Business Growth
February 24, 2025  |  Partnerships

Business services provider Vistra and financial platform Airwallex announced a partnership on the Vistra platform. Via the collaboration, Vistra will integrate Airwallex’s business account and...

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Ace Money Transfer Partners With Mastercard on X-Border Payments
Ace Money Transfer Partners With Mastercard on X-Border Payments
February 24, 2025  |  Cross-border Payments

Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. Through Mastercard’s platform, Ace’s customers in Australia, Canada, Europe and the...

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EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore
EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore
February 17, 2025  |  Bank Regulation

Global payment service provider EBANX secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers...

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Corpay Introduces Multi-Currency Accounts to Help Businesses Manage Cross-Border Payments
Corpay Introduces Multi-Currency Accounts to Help Businesses Manage Cross-Border Payments
February 12, 2025  |  B2B Payments

Corporate payments company Corpay’s Cross-Border business has launched a new solution that enables companies to receive and pay out foreign currencies with an account in...

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Corpay Keeps Focus on Cross-Border and Corporate Payments Despite Macro Turbulence
Corpay Keeps Focus on Cross-Border and Corporate Payments Despite Macro Turbulence
February 05, 2025  |  Earnings

As the global transportation and logistics sectors navigate economic uncertainty, rising fuel costs and increasing regulatory pressures, fleet managers are reevaluating their operational strategies. The...

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