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.

Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
July 28, 2022  |  B2B Payments

For businesses hoping to compete for talent in the increasingly global digital marketplace, cross-border payments innovations are crucial. A full 73% of independent contractors are...

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SMBs Struggle to Balance Global Expansion with Local Compliance
SMBs Struggle to Balance Global Expansion with Local Compliance
July 28, 2022  |  Cross Border Commerce

The payments landscape is constantly evolving. Companies must evolve — even scramble at times — to keep pace with changing rules and regulations that can...

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EMEA Daily: Lloyds Looks to Buy More FinTechs; Helu.io Raises $10M
EMEA Daily: Lloyds Looks to Buy More FinTechs; Helu.io Raises $10M
July 27, 2022  |  International

Lloyds Looks to Buy More FinTechs, CEO Says Lloyds Banking Group is considering acquiring more FinTechs to boost its digital capabilities. CEO Charlie Nunn said...

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Customers Prefer Simple, Not Super App, Experience When Sending Money Cross Border, Says Atlantic Money co-Founder
Customers Prefer Simple, Not Super App, Experience When Sending Money Cross Border, Says Atlantic Money...
July 27, 2022  |  Cross-border Payments

Most FinTech firms that started out a decade ago came to market with a single, easy-to-use financial product that customers loved — whether it was...

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Ripple Partners With FOMO Pay to Improve Treasury Management
Ripple Partners With FOMO Pay to Improve Treasury Management
July 26, 2022  |  Partnerships

Singapore-based payment solution provider FOMO Pay has teamed up with Ripple to use the company’s cryptocurrency-powered technology to improve cross-border treasury flows, according to a...

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Global Mass Payouts Get an Accounting and Finance Makeover
Global Mass Payouts Get an Accounting and Finance Makeover
July 26, 2022  |  Cross-border Payments

For enterprises, going cross-border means building out a network of suppliers and vendors, all in a bid to tap into new consumer bases. Nowadays, more...

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Will Payments Tech’s Q1 Crypto Exuberance Create Q2 Hangover?
Will Payments Tech’s Q1 Crypto Exuberance Create Q2 Hangover?
July 21, 2022  |  Cryptocurrency

It’s been a rough couple of months for the crypto, with a stablecoin’s $48 billion collapse helping send bitcoin bumping below $20,000 for several weeks,...

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Wise’s Revenues Rise as Customers Up Money Transfers
Wise’s Revenues Rise as Customers Up Money Transfers
July 19, 2022  |  Cross-border Payments

British FinTech Wise saw its revenues increase 50% in the last quarter, with customers bringing forward money transfers in fear of volatility later this year....

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Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on Credit Card Debt, X-Border Fees
Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on...
July 15, 2022  |  Regulation

This week in TechREG in Europe, the Middle East and Africa (EMEA), global regulators and several central banks discussed the need for regulating the cryptocurrency...

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