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.

LianLian Global Intros Multi-Currency Wallet
LianLian Global Intros Multi-Currency Wallet
June 27, 2022  |  Cross-border Payments

Global cross-border payments company LianLian Global is introducing a multi-currency digital wallet for cross-border transactions that can be used by U.S. merchants selling on international...

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The Role of a Modern Clearing Bank in Scaling Global Payments
The Role of a Modern Clearing Bank in Scaling Global Payments
June 23, 2022  |  Banking

Global payments are complex, often slow and inevitably risky. Compliance and anti-fraud efforts can be lengthy, costly processes, and many businesses, financial institutions (FIs) and...

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Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
June 23, 2022  |  emea

In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate...

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Travel Recovery in South Korea Makes Strong Case for Localized Payments
Travel Recovery in South Korea Makes Strong Case for Localized Payments
June 22, 2022  |  Travel Payments

Neither pandemic flareups nor inflation will deter adventurous South Korean travelers from booking travel in a recovery year, but it’s an advanced market that demands...

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Payments Processing Moves From Cost Center to Revenue Driver in Global eCommerce
Payments Processing Moves From Cost Center to Revenue Driver in Global eCommerce
June 21, 2022  |  Payment Methods

Commerce used to be purely physical. Then, we moved online and went mobile — and global. eCommerce is now made up of a range of...

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Today in B2B: ReverseLogix, B-Stock Partner on Better Returns Management; TIS Grabs $53.5M in Debt Financing
Today in B2B: ReverseLogix, B-Stock Partner on Better Returns Management; TIS Grabs $53.5M in Debt...
June 08, 2022  |  B2B Payments

Today in B2B payments, Payoneer and Fiserv streamline cross-border payments, while Dave Clark is moving from CEO of Amazon Worldwide to lead logistics firm Flexport....

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Payoneer, Fiserv Team on Cross-Border Business Payments
Payoneer, Fiserv Team on Cross-Border Business Payments
June 07, 2022  |  B2B Payments

Payments commerce technology platform Payoneer and payments and financial services tech company Fiserv on Tuesday (June 7) partnered to streamline how businesses deliver payments to...

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Cashfree Teams with EasyTransfer to Facilitate Indian University Payments Abroad
Cashfree Teams with EasyTransfer to Facilitate Indian University Payments Abroad
June 06, 2022  |  Partnerships

Payments and API banking solutions company Cashfree is teaming up with education payment services platform EasyTransfer to offer university students in India an easier, less...

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CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
May 31, 2022  |  CBDC

Fed: Digital dollar won’t cut out banks The Federal Reserve’s new vice chair, Lael Brainard, told Congress that a federally issued digital dollar will not...

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