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.

ShopKeep Teams Up With Gravity Payments; Singapore Requires Banks To Step Up Verification Efforts

ShopKeep Teams Up With Gravity Payments; Singapore Requires Banks To Step Up Verification Efforts
ShopKeep Teams Up With Gravity Payments; Singapore Requires Banks To Step Up Verification Efforts
July 24, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Monetary Authority of Singapore’s requirement to have banks...

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PayPal Leads Investment In PPRO
PayPal Leads Investment In PPRO
July 16, 2018  |  Investments

PPRO Group, a U.K. cross-border ePayment provider, announced on Monday (July 16) a $50 million round of investment led by PayPal. In a PayPal press...

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Glint Plans Expansion To US, Tata Capital Launches Working Capital Platform
Glint Plans Expansion To US, Tata Capital Launches Working Capital Platform
July 12, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Callcredit’s upcoming name change to TransUnion. In addition, Glint...

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Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
July 11, 2018  |  Global Payments

Consumers in Sweden and Norway are more likely to take out a loan this summer than borrowers in Finland, according to a press release from Tieto....

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MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
July 10, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mobilink Microfinance Bank (MMBL) launching EMV-compliant cards in Pakistan. In...

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SEC Charges Heartland Ex-CEO With Insider Trading
SEC Charges Heartland Ex-CEO With Insider Trading
July 10, 2018  |  Cybersecurity

The U.S. Securities and Exchange Commission (SEC) announced on Tuesday (July 10) that it has charged the former chief executive of Heartland Payment Systems with...

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SEC Investigates Former Heartland CEO For Possible Insider Trading
SEC Investigates Former Heartland CEO For Possible Insider Trading
June 04, 2018  |  Legal & Regulation

Federal investigators are looking into stock trades linked to the former CEO of the FinTech firm Heartland Payment Systems. Get the Full Story Complete the...

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More Payment Platforms Mean More Headaches For B2B Sellers
More Payment Platforms Mean More Headaches For B2B Sellers
May 24, 2018  |  B2B Payments

Paper checks may be the No.1 way to pay suppliers in the U.S., but only by a slight majority. ACH, wire, virtual and physical cards,...

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