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.

Fintiv and Geoswift Partner on Digital Remittances to Asia
Fintiv and Geoswift Partner on Digital Remittances to Asia
February 03, 2023  |  Cross-border Payments

Fintiv and Geoswift have partnered on enabling cross-border remittance payments into Asia. The collaboration — which brings together Fintiv’s mobile commerce platform and Geoswift’s payment...

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Disparate Businesses Find Common Trade Solutions in Interoperability and Real-Time Payments
Disparate Businesses Find Common Trade Solutions in Interoperability and Real-Time Payments
January 24, 2023  |  B2B Payments

Operations across international borders inherently add layers of complexity and fees to B2B operations. Yet despite historical speedbumps to global expansion, innovations in real-time payment...

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CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
January 20, 2023  |  CFPB

Right out of the gate, the Consumer Financial Protection Bureau (CFPB) has had a busy 2023. The pace won’t slow as the year goes on,...

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New Year, New Tech Solutions for Cross-Border B2B Friction Fighting
New Year, New Tech Solutions for Cross-Border B2B Friction Fighting
January 17, 2023  |  Cross-border Payments

As businesses look to expand abroad, digital modernization can stop bad history from repeating itself. Aging tech infrastructure and outdated software can hamstring critical business...

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CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
January 17, 2023  |  CFPB

With a focus on fees, the Consumer Financial Protection Bureau (CFPB) may reshape cross-border payments, specifically the hundreds of billions of dollars in remittances that...

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CFPB’s Next Target Is Cross-Border Payments
CFPB’s Next Target Is Cross-Border Payments
January 16, 2023  |  CFPB

America’s top consumer watchdog is reportedly looking to strengthen its rules for overseas money transfers. The Consumer Financial Protection Bureau (CFPB) is considering new restrictions...

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Payoneer: Cross-Border Payments Should Be Just Like Sending Email
Payoneer: Cross-Border Payments Should Be Just Like Sending Email
January 05, 2023  |  Cross-border Payments

As small- to medium-sized businesses (SMBs) and freelancers extend their global eCommerce reach, making payments should be as easy as sending an email. “Everyone wants...

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Santander Teams With Global Payments on Commercial Cards
Santander Teams With Global Payments on Commercial Cards
January 04, 2023  |  B2B Payments

Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in...

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Why Worldline Says Turkey Is Ready for eCommerce Innovation
Why Worldline Says Turkey Is Ready for eCommerce Innovation
January 01, 2023  |  eCommerce

The fast-growing Turkish eCommerce market is catching the attention of global online businesses. According to Guillaume Tournand, vice president of growth and digital commerce at...

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