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.

Borderless Business Payment Methods Automate International Growth
Borderless Business Payment Methods Automate International Growth
December 29, 2022  |  B2B Payments

Innovative B2B payment methods and automated enterprise systems are mission-critical for companies expanding abroad. As a result, companies around the world are turning to multicurrency...

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Businesses Tame Market Volatility With Multi-Currency Wallets
Businesses Tame Market Volatility With Multi-Currency Wallets
December 27, 2022  |  Global Payments

Foreign exchange (FX) volatility presents challenges for cross-border payments, but digital multi-currency wallets offer a solution. According to Ola Oyetayo, CEO at B2B cross-border FX...

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75% of Small Businesses Dissatisfied With Cross-Border Payment Solutions
75% of Small Businesses Dissatisfied With Cross-Border Payment Solutions
December 14, 2022  |  SMBs

International transactions for small businesses should be as easy to clinch as domestic sales. The rise of digitally powered businesses has opened new possibilities for...

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Airlines and Travel Agencies Ride Tailwind of Payment Choice Online
Airlines and Travel Agencies Ride Tailwind of Payment Choice Online
December 05, 2022  |  Travel Payments

Increasing optionality in travel payments is helping to keep the sector’s rebound rolling. Al Enes, vice president of gig economy and travel at payments platform...

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Buckzy Raises $14M to Expand X-Border Payment Offerings
Buckzy Raises $14M to Expand X-Border Payment Offerings
December 01, 2022  |  Investments

Buckzy Payments has raised $14.5 million to expand its cross-border payment offerings. The Toronto-based company said the Series A funding — in the form of...

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Moneycorp Teams With BankClarity to Ease FX Troubles
Moneycorp Teams With BankClarity to Ease FX Troubles
November 28, 2022  |  Partnerships

Foreign exchange (FX) and payments provider Moneycorp has joined forces with banking technology firm BankClarity to offer customers easier cross-border payments. “The partnership means that...

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Thunes’ ‘Pay the World’ Vision Now Includes WeChat’s 1.3B Users
Thunes’ ‘Pay the World’ Vision Now Includes WeChat’s 1.3B Users
November 22, 2022  |  Digital Payments

Thunes has teamed up with China’s Tencent Financial Technology, allowing members of the Thunes network to send payments to the 1.3 billion users on Tencent’s...

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Pomelo Taps Galileo to Power Global Credit Remittances for Families
Pomelo Taps Galileo to Power Global Credit Remittances for Families
November 20, 2022  |  Global Payments

Galileo Financial Technologies has teamed with money transfer company Pomelo to add its API-enabled technology to the Pomelo card. The company said in a news...

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Finzly Launches Treasury Management Platform for Global Banking
Finzly Launches Treasury Management Platform for Global Banking
November 17, 2022  |  B2B Payments

FinTech Finzly has released an advanced version of its treasury management platform that enables banks to offer their business, commercial and corporate clients global transaction...

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