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.

45% of Businesses View Slow Payments as a Primary Pain Point
45% of Businesses View Slow Payments as a Primary Pain Point
January 21, 2022  |  B2B Payments

Frustrations over delayed payments are on the rise, prompting businesses to upgrade their B2B transactions and other processes. Today, 45% of businesses view slow payment...

READ MORE >
Thunes: 2021 Was the Year of Ampliacion
Thunes: 2021 Was the Year of Ampliacion
January 21, 2022  |  Opinion

Latin America is a vast, untapped market for the payments industry, says Gabriel Carvajlino, V.P., Network Development LATAM at Thunes. As companies look to expand...

READ MORE >
Analytics, ERP Key to Managing Bank Master Data, Simplifying X-Border Transactions
Analytics, ERP Key to Managing Bank Master Data, Simplifying X-Border Transactions
January 21, 2022  |  Cross-border Payments

Global payments are not as simple as we’d like them, or need them, to be. Leslie Bailey, vice president of market planning at LexisNexis, told...

READ MORE >
Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs
Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs
January 20, 2022  |  Connected Economy

For many merchants, the prospect of managing the seamless payments consumers want while navigating fraud risk and regulatory compliance is daunting. Acquirers, tasked with facilitating...

READ MORE >
Shopify and JD.com Roll Out eCommerce Market for Merchants
Shopify and JD.com Roll Out eCommerce Market for Merchants
January 18, 2022  |  eCommerce

Shopify and JD.com on Tuesday (Jan. 18) announced that they have created a strategic partnership that they say will make it easier for U.S. merchants...

READ MORE >
GiftBasketsOverseas on the Challenges of Global Payment Acceptance for Localized Shopping Experiences
GiftBasketsOverseas on the Challenges of Global Payment Acceptance for Localized Shopping Experiences
January 18, 2022  |  Cross-border Payments

Many consumers still aren’t traveling internationally, but they’re still browsing global merchants for unique gifts. In the Cross-Border Retail Payments Tracker, GiftBasketsOverseas CEO Dmitriy Peregudov...

READ MORE >
Afreximbank’s Payment System Goes Live With 12 African Banks
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022  |  Cross-border Payments

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more...

READ MORE >
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022  |  Cross-border Payments

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore...

READ MORE >
MoneyGram Teams With Japanese FinTech Smiles on Cross Border Payments
MoneyGram Teams With Japanese FinTech Smiles on Cross Border Payments
January 11, 2022  |  Partnerships

MoneyGram, which works with digital peer-to-peer (P2P) payments, announced Tuesday (Jan. 11) that it will partner with Digital Wallet Corporation on wider-spread payments. Now, Japanese...

READ MORE >