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.

Visa Direct Veteran Ruben Salazar Genovez Now President of TerraPay
Visa Direct Veteran Ruben Salazar Genovez Now President of TerraPay
February 20, 2024  |  Personnel

TerraPay appointed former Visa Direct Global Head Ruben Salazar Genovez as president. In his new role, Salazar Genovez will lead TerraPay’s global expansion and the...

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Fed Governor: Some Cross-Border Payment Frictions Are Necessary
Fed Governor: Some Cross-Border Payment Frictions Are Necessary
February 15, 2024  |  Cross-border Payments

When it comes to cross-border payments, there are necessary and unnecessary frictions. That’s according to Federal Reserve Governor Michelle Bowman, who discussed the challenges facing cross-border payments...

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Nukkleus to Acquire Mercury Global to Enhance Cross-Border Payments Offerings
Nukkleus to Acquire Mercury Global to Enhance Cross-Border Payments Offerings
February 14, 2024  |  Acquisitions

FinTech company Nukkleus has signed a term sheet for the acquisition of cross-border payments firm Mercury Global. This move marks Nukkleus’ expansion in the world of cross-border payments,...

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Report: Global Payments Aims to Acquire Takepayments
Report: Global Payments Aims to Acquire Takepayments
February 13, 2024  |  Acquisitions

Global Payments, a U.S.-based payment processing company, is reportedly nearing a deal to acquire Takepayments, a British payment services provider, in a move to expand its...

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Papaya to Showcase Workforce Payments Platform in Super Bowl Commercial
Papaya to Showcase Workforce Payments Platform in Super Bowl Commercial
February 06, 2024  |  Cross-border Payments

Papaya Global will use a Super Bowl commercial to showcase the launch of its artificial intelligence (AI)-powered platform for executing worker payments. The new workforce payments platform provides...

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ConnexPay Debuts Travel Card and New Payment Capabilities
ConnexPay Debuts Travel Card and New Payment Capabilities
February 06, 2024  |  Travel Payments

ConnexPay launched a global travel card as part of a new suite of payment capabilities. The virtual card is designed to help ConnexPay’s travel company...

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Mangopay and Sprinque Partner to Streamline B2B X-Border Payments
Mangopay and Sprinque Partner to Streamline B2B X-Border Payments
February 06, 2024  |  Cross-border Payments

Mangopay, a payment infrastructure provider for marketplaces and platforms, and Sprinque, a B2B payments platform, partnered on B2B cross-border payments. The collaboration aims to offer...

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Real-Time Payments Get Boost From New Partnerships in US and Europe
Real-Time Payments Get Boost From New Partnerships in US and Europe
February 06, 2024  |  Real-Time Payments

Real-time payments have continued their growth in 2024 so far, with several developments unfolding in various countries around the globe. Angola, for one, has taken...

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Nuvei Integrates Payments and AR Automation Into Microsoft Dynamics 365
Nuvei Integrates Payments and AR Automation Into Microsoft Dynamics 365
January 30, 2024  |  SMBs

Canadian FinTech company Nuvei launched its first integration into Microsoft Dynamics 365 Business Central. The integration will enable small- to medium-sized businesses (SMBs) to incorporate...

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