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 FinTech Ukraine: Mastercard Gives $2M for Relief Efforts
Today in FinTech Ukraine: Mastercard Gives $2M for Relief Efforts
March 18, 2022  |  International

Today in FinTech Ukraine, Mastercard is donating $2 million to support relief efforts in Ukraine, and Unchain Fund, which was created by blockchain activists, is...

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B2B Payments Platform Verto Adds 12 New Currencies
B2B Payments Platform Verto Adds 12 New Currencies
March 16, 2022  |  B2B Payments

Cross-border B2B payments and foreign exchange platform Verto has upped the number of currencies in which its customers can convert and make payments. As IBS...

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Banks Worry Russia Will Target SWIFT System
Banks Worry Russia Will Target SWIFT System
March 15, 2022  |  International

Financial executives are expressing fears of Russian cyber attacks on SWIFT after several of the country’s biggest banks were removed from the payments messaging system....

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Stripe Jumps Back Into Crypto Payments Processing
Stripe Jumps Back Into Crypto Payments Processing
March 11, 2022  |  Cryptocurrency

Four years after walking away from the space, international payments processing giant Stripe has returned to the crypto fold. An enthusiasm for Web3 is a...

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ACI Worldwide Launches Fraud Scoring for Financial Institutions
ACI Worldwide Launches Fraud Scoring for Financial Institutions
March 09, 2022  |  Fraud Prevention

Global real-time payments software firm ACI Worldwide is introducing a fraud scoring platform powered by machine learning to deliver real-time security and fraud prevention to...

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Today in B2B: Cross-Border B2B Payments Boost Annual US, UK Sales; B2B Sales Platform Apollo Raises $110M
Today in B2B: Cross-Border B2B Payments Boost Annual US, UK Sales; B2B Sales Platform Apollo...
March 04, 2022  |  B2B Payments

Today in B2B payments, Apollo.io raises $110 million for hiring more staff and Sary acquires Egyptian B2B platform Mowarrid to expand into Africa. Plus, no...

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PYMNTS Blockchain Series: What Is Stellar’s Lumen? A Payments Crypto That Isn’t Trying to Overthrow the Financial System
PYMNTS Blockchain Series: What Is Stellar’s Lumen? A Payments Crypto That Isn’t Trying to Overthrow...
March 04, 2022  |  Cryptocurrency

Throughout this series of articles, we’re looking at the top blockchains in cryptocurrency to help you make sense of the alphabet soup of so-called “altcoins”...

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Midmarket Firms Seek Cross-Border Payments Stability, Convera CEO Says
Midmarket Firms Seek Cross-Border Payments Stability, Convera CEO Says
March 02, 2022  |  Cross-border Payments

No matter the vertical, the world in which enterprises operate is ever more complicated. Supply chains are constrained. Interest rates are volatile. And currencies gyrate...

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Today in the Connected Economy: Uber Launches Entertainment Feature
Today in the Connected Economy: Uber Launches Entertainment Feature
March 01, 2022  |  Connected Economy

Today in the connected economy, Uber launched a feature that lets people book reservations at restaurants, while a partnership between NCR and Stratacache helps restaurants...

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