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.

MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. Get the Full Story...

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Solving the Buy-Build-Partner Equation For Cross-Border Payments
Solving the Buy-Build-Partner Equation For Cross-Border Payments
April 15, 2024  |  Cross-border Payments

It’s a big world, but ongoing cross-border payments advances are helping make it smaller.  Get the Full Story Complete the form to unlock this article...

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Tencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent Simplifies Process of Linking International Cards With Weixin Pay
April 12, 2024  |  Cross-border Payments

Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay.  Get the Full...

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Mimo Launches Financial Management Platform for Small Businesses, Accountants
Mimo Launches Financial Management Platform for Small Businesses, Accountants
April 11, 2024  |  B2B Payments

Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. Get the Full Story...

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Airwallex Debuts Borderless Visa Card for Canadian Businesses
Airwallex Debuts Borderless Visa Card for Canadian Businesses
April 10, 2024  |  Cross-border Payments

Airwallex has launched the Borderless Visa Card for businesses in Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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TerraPay Gets Payments License From Singapore’s Central Bank
TerraPay Gets Payments License From Singapore’s Central Bank
April 08, 2024  |  Cross-border Payments

Money transfer firm TerraPay received a major payment institution license in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Swan Taps Wise to Enable International Payments for European Companies
Swan Taps Wise to Enable International Payments for European Companies
April 05, 2024  |  Cross-border Payments

European embedded finance firm Swan has integrated Wise Platform to enable its clients to send and receive money from more than 190 countries.  Get the Full Story Complete...

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PayToMe.co Adds Stripe Connect to Payment Solutions for Platforms, Marketplaces
PayToMe.co Adds Stripe Connect to Payment Solutions for Platforms, Marketplaces
April 05, 2024  |  Digital Payments

PayToMe.co integrated Stripe Connect to scale globally and enhance its payments solutions for platforms and marketplace. Get the Full Story Complete the form to unlock this article and...

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