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 Expands Stablecoin Pilot Programs With Worldpay and Nuvei
Visa Expands Stablecoin Pilot Programs With Worldpay and Nuvei
September 05, 2023  |  Cryptocurrency

Visa has expanded its stablecoin settlement capabilities with Circle’s USDC stablecoin by using the Solana blockchain. As part of the initiative, the payments company has...

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From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
September 05, 2023  |  CBDC

As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants...

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Banking Circle Brings Its BC Payments to Australia for Cross-Border Payments
Banking Circle Brings Its BC Payments to Australia for Cross-Border Payments
August 28, 2023  |  Cross-border Payments

Payments company Banking Circle has launched its BC Payments unit in Australia. The rollout, announced Monday (Aug. 28), is designed to offer FinTechs, banks and payments businesses...

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Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
August 25, 2023  |  B2B Payments

Digital wallet Belo has launched a web platform to help businesses make cross-border transactions.  This initiative allows companies from 108 countries to open a free account...

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SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads
SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads
August 22, 2023  |  Personnel

Silicon Valley Bank has named new heads of its payments and digital solutions divisions. The bank announced Tuesday (Aug. 22) that Martin Murrell had been named head of global...

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SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
August 22, 2023  |  Faster Payments

One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed.   Faster payments tend to translate into greater...

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Yeeld and Airwallex Team to Enhance International Payments
Yeeld and Airwallex Team to Enhance International Payments
August 22, 2023  |  Partnerships

FinTech startup Yeeld has partnered with Airwallex to accelerate global payments and financial operations for customers. Yeeld, founded by former Stripe employees Emily Tsitrian and Mira Boora, specializes in assisting businesses of all sizes...

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Koverly Launches B2B BNPL Platform for International Trade
Koverly Launches B2B BNPL Platform for International Trade
August 22, 2023  |  B2B Payments

Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of...

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Global B2B Payments Network TreviPay Adds Cross-Currency Feature
Global B2B Payments Network TreviPay Adds Cross-Currency Feature
August 22, 2023  |  B2B Payments

TreviPay has introduced a new feature that enables merchants to process cross-currency transactions for their B2B customers. This development aims to facilitate global business growth and enhance buyer...

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