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.

UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
October 10, 2023  |  B2B Payments

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of...

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Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
October 09, 2023  |  Cross-border Payments

When it comes to cross-border payments, patience is a virtue — but fees are a reality. That’s because moving money between nations has long been...

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Can Blockchain Deliver Speed, Security and Inclusion to Global Payments?
Can Blockchain Deliver Speed, Security and Inclusion to Global Payments?
October 06, 2023  |  Blockchain

Innovative technology is on the cusp of transforming existing global payments infrastructure. But unlocking the full potential and capturing the true impact of next-generation value...

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Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

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Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
September 28, 2023  |  Global Payments

Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies...

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MoneyGram to Launch Non-Custodial Digital Wallet for Cross-Border Payments
MoneyGram to Launch Non-Custodial Digital Wallet for Cross-Border Payments
September 26, 2023  |  Cross-border Payments

MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in...

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Tipalti Unveils Expense Management and Automation Tool
Tipalti Unveils Expense Management and Automation Tool
September 21, 2023  |  Spend Management

Finance automation platform Tipalti has debuted Tipalti Expenses, an expense management and automation solution. The tool integrates with Tipalti’s platform, which automates accounts payable (AP),...

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Can Generative AI Reinvent Commercial Transactions? 
Can Generative AI Reinvent Commercial Transactions? 
September 20, 2023  |  B2B Payments

It is a truth universally acknowledged that customers will always want more choices, not fewer.  That applies to business customers, too.  So it stands to...

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Cross-Border Payments Innovation Key to SMB Growth
Cross-Border Payments Innovation Key to SMB Growth
September 19, 2023  |  Cross-border Payments

Industries are defined by what customers do, not what companies produce. And if something doesn’t scale up across a global audience, then it isn’t worth much.  That’s...

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