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.

Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
November 09, 2023  |  Partnerships

Jeeves and Bexs have partnered to launch a fully digital platform for cross-border business payments out of Brazil. With the collaboration, Jeeves makes it easier...

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US Real-Time Payments Transactions Expected to Quadruple by 2027
US Real-Time Payments Transactions Expected to Quadruple by 2027
November 07, 2023  |  Real-Time Payments

Real-time payments have revolutionized how money moves in the global economy. In an era defined by rapid technological advancements and increasing consumer demand for convenience...

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Adyen and Plaid Partner on Pay-by-Bank Offering in North America
Adyen and Plaid Partner on Pay-by-Bank Offering in North America
November 02, 2023  |  Partnerships

Global financial technology platform Adyen has partnered with digital finance firm Plaid to introduce Pay-by-Bank services in North America in early 2024. Adyen has made...

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Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
October 30, 2023  |  Cross-border Payments

As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential...

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ISO 20022, Open Banking Will Transform Cross-Border Payments
ISO 20022, Open Banking Will Transform Cross-Border Payments
October 26, 2023  |  Cross-border Payments

Nilesh Dusane, global head of institutional payments at Amazon Web Services (AWS), told Karen Webster that there’s one common refrain among financial institutions (FIs) and...

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Etsy Teams With Payoneer to Offer More Local Currencies
Etsy Teams With Payoneer to Offer More Local Currencies
October 20, 2023  |  eCommerce

Etsy says it is working with Payoneer to help more sellers get paid in their local currencies.  The eCommerce platform announced this week that it was expanding its Etsy...

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Airwallex to Acquire Mexico Payments Company MexPago
Airwallex to Acquire Mexico Payments Company MexPago
October 19, 2023  |  Acquisitions

Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry...

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Loop CEO: Logistics Payments Is Transforming Into a Data Business 
Loop CEO: Logistics Payments Is Transforming Into a Data Business 
October 18, 2023  |  B2B Payments

Intractable problems are frequently where complexity meets resilience. And while some of the most historically entrenched problems, like those surrounding global logistics payments and supply...

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WooCommerce and Veem Partner to Expand Global Commercial Payments
WooCommerce and Veem Partner to Expand Global Commercial Payments
October 12, 2023  |  Commercial Payments

Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to...

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