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.

Today in B2B Payments: Vinted Debuts Fashion eCommerce B2B Shipping; Sunoco Accepts Car IQ Fleet Payments
Today in B2B Payments: Vinted Debuts Fashion eCommerce B2B Shipping; Sunoco Accepts Car IQ Fleet...
July 13, 2022  |  B2B Payments

Today in B2B payments, finances take on a more prominent role in trying times, with an increasing number of firms using blockchain and cryptocurrencies for...

READ MORE >
Artfinder on the Importance of Providing Seamless Cross-Border eCommerce Payments
Artfinder on the Importance of Providing Seamless Cross-Border eCommerce Payments
July 13, 2022  |  Consumer Payments

In the “Expanding Payments Choice Playbook," art marketplace Artfinder’s COO Joshna Rughani explains the role of secure digital payments in building trust as buyers and...

READ MORE >
The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
July 12, 2022  |  Cryptocurrency

When boosters of cryptocurrency talk about the ways it can turn traditional finance into obsolete finance, cross-border payments are inevitably the first thing they mention....

READ MORE >
Banque de France Enters Second Phase of Wholesale CBDC Project
Banque de France Enters Second Phase of Wholesale CBDC Project
July 12, 2022  |  CBDC

Banque de France (BDF) Governor François Villeroy de Galhau said the BDF has kicked off the second phase of experimentation into a wholesale central bank...

READ MORE >
How Art Marketplaces Are Building a Trust Framework for Global eCommerce
How Art Marketplaces Are Building a Trust Framework for Global eCommerce
July 12, 2022  |  Consumer Payments

With no end in sight to eCommerce growth, businesses can look forward to a growing volume of cross-border transactions for the foreseeable future. PYMNTS research...

READ MORE >
Payment Platform Kadmos Raises $29M
Payment Platform Kadmos Raises $29M
July 11, 2022  |  Investments

Berlin-based FinTech startup Kadmos has secured 29 million euros ($29 million) to grow its payment processing platform for migrant workers, according to a Monday (July...

READ MORE >
UK Muslims Say Eid Mubarak With International Remittances
UK Muslims Say Eid Mubarak With International Remittances
July 08, 2022  |  Global Payments

Eid-ul-Adha falls on the tenth day in the final month of the Islamic Lunar Calendar. That means that this year, it starts on Saturday (July...

READ MORE >
Big Companies With Global Workforces Demand Payroll Innovation
Big Companies With Global Workforces Demand Payroll Innovation
July 07, 2022  |  B2B Payments

Streamlining cross-border payments is a priority for many firms, especially among larger organizations that want to scale their international workforces. Firms that generate more than...

READ MORE >
Cross-Border Payments Help eCommerce Merchants Navigate China’s Business Complexities
Cross-Border Payments Help eCommerce Merchants Navigate China’s Business Complexities
July 05, 2022  |  eCommerce

When crisis hits, the corporate survival instinct kicks in. LianLian Global Executive Chairman David Messenger told PYMNTS’ Karen Webster that the pressures of the pandemic...

READ MORE >