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: BNPL Takes Over for Corporate Cards; Global Payments Puts Netspend up for Sale Again
Today in B2B: BNPL Takes Over for Corporate Cards; Global Payments Puts Netspend up for...
February 11, 2022  |  B2B Payments

Today in B2B payments, buy now, pay later (BNPL) becomes an alternative to corporate credit cards, and Global Payments tries to sell Netspend again after...

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56% of US Businesses Think Easier Cross-Border Payments Would Improve Cash Management
56% of US Businesses Think Easier Cross-Border Payments Would Improve Cash Management
February 11, 2022  |  B2B Payments

Payments innovations such as real-time payments, accounts receivable (AR) and accounts payable (AP) automation and virtual cards can enhance many aspects of businesses’ cross-border payments...

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Global Payments Looks to Sell Netspend
Global Payments Looks to Sell Netspend
February 11, 2022  |  B2B Payments

For the second time in as many years, payments processor Global Payments is seeking a buyer for Netspend, its prepaid debit card unit. As Barron’s...

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As Merchants Go Digital and Global, Payments Orchestration Needs an Overhaul
As Merchants Go Digital and Global, Payments Orchestration Needs an Overhaul
February 07, 2022  |  Cross-border Payments

Not all that long ago, being a payments service provider (PSP) was a relatively simple affair. They offered a range of activities within and across...

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B2B Payments Platform Flexio Raises $3M
B2B Payments Platform Flexio Raises $3M
February 04, 2022  |  Investments

Flexio, a B2B payments platform serving companies in Latin America, has raised $3 million in seed funding, the company said in a news release Friday...

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London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
February 02, 2022  |  IPO

London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push...

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30% of US Firms Say Payments Delays Are Major Cross-Border Frictions
30% of US Firms Say Payments Delays Are Major Cross-Border Frictions
February 02, 2022  |  B2B Payments

Among U.S. businesses that engage in cross-border trade, the most common pain point is the long period of completion. Thirty percent of these businesses say...

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Social Media Creators, Global-Minded SMBs Boost Demand for Instant, Cross-Border Payments
Social Media Creators, Global-Minded SMBs Boost Demand for Instant, Cross-Border Payments
February 02, 2022  |  Cross-border Payments

Despite widespread debate over workers’ rights, the global gig economy is booming. Research from Singapore-headquartered global payments company Thunes shows that it is projected to...

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Banks Help Corporates Overcome Their Blockchain Regulatory Concerns
Banks Help Corporates Overcome Their Blockchain Regulatory Concerns
February 01, 2022  |  Cryptocurrency

Blockchain technology is no longer an outlier strategy for companies managing global expansion. PYMNTS research indicates that many of the world’s largest companies use blockchain...

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