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.

The Art and the Science of Building Global Payments Partnerships
The Art and the Science of Building Global Payments Partnerships
January 11, 2022  |  Partnerships

Cross-border transactions continue to gain traction around the world, with a staggering $156 trillion expected to cross international borders annually by 2022, according to a...

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Consumers, SMBs, Gaining Comfort With Cross-Border Payments
Consumers, SMBs, Gaining Comfort With Cross-Border Payments
January 06, 2022  |  Cross-border Payments

In a time of incredible instability, cross-border payments have helped kept the global economy moving. As a result, the transaction value of global remittance and...

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Bahrain Central Bank Completes JPM Coin System Test
Bahrain Central Bank Completes JPM Coin System Test
January 05, 2022  |  Blockchain

The Central Bank of Bahrain has completed a test of the JPM Coin with Onyx by J.P. Morgan, which allowed Bank ABC to launch real-time...

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Payments Orchestration Smooths Cross-Border eCommerce Transitions
Payments Orchestration Smooths Cross-Border eCommerce Transitions
January 05, 2022  |  Cross-border Payments

An unstoppable eCommerce train can find itself delayed at border crossings, so to speak, by expanding into new regions without first making sure their payments...

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Payments Platform Nuvei Launches Local Payment Acceptance for Cross Border eCommerce in 10 LATAM Countries
Payments Platform Nuvei Launches Local Payment Acceptance for Cross Border eCommerce in 10 LATAM Countries
January 04, 2022  |  Cross-border Payments

Global payment tech partner Nuvei has debuted a capability enhancement that allows international merchants to accept local payment methods in 10 Latin American countries, the...

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Behavioral Analytics Can Foster Consumer Satisfaction In the Cross-Border Remittance Market
Behavioral Analytics Can Foster Consumer Satisfaction In the Cross-Border Remittance Market
January 03, 2022  |  Cross-border Payments

Sending money abroad has become an essential part of migrant workers’ lives, leading to a boom in remittance service providers who help customers send billions...

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Transigo Snags $70M in Funding From Israeli Companies 
Transigo Snags $70M in Funding From Israeli Companies 
January 02, 2022  |  Investments

Software-as-a-Service (SaaS) platform Transigo announced in a Wednesday (Dec. 29) press release that it has ended a $70 million funding round led by Israeli firms E.N....

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Innovations Prime Pump for Surge in Cross-Border, Real-Time Payments
Innovations Prime Pump for Surge in Cross-Border, Real-Time Payments
December 21, 2021  |  Cross-border Payments

Jeremy Wilmot said he believes the future of digital, real-time payments is now — and that we’ll witness an “explosion” in cross-border, real-time transactions over...

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Visa Completes Acquisition of Cross Border Payments Platform Currencycloud
Visa Completes Acquisition of Cross Border Payments Platform Currencycloud
December 20, 2021  |  Partnerships / Acquisitions

Visa has completed its purchase of Currencycloud, which works with banks and FinTechs to provide foreign exchange (FX) solutions for cross-border payments, according to a...

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