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.

Currency Exchange Marketplaces Accelerate Supplier Payments for Emerging Markets SMBs
Currency Exchange Marketplaces Accelerate Supplier Payments for Emerging Markets SMBs
December 13, 2021  |  B2B Payments

Trade has become more global than ever, but paying suppliers abroad remains a challenge for businesses looking to make payments in less familiar currencies belonging...

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Nium, Modern Exchange Partner on International Payments 
Nium, Modern Exchange Partner on International Payments 
December 07, 2021  |  Cross-border Payments

The payments and card issuance company Nium has joined forces with Oman’s Modern Exchange Co. for a partnership that will see Modern Exchange leverage Nium’s...

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API Plug-Ins Offer Fast, Cheap Fix To Cross-Border Payment Pain Points
API Plug-Ins Offer Fast, Cheap Fix To Cross-Border Payment Pain Points
December 06, 2021  |  Cross-border Payments

With eCommerce growth expected to continue after the pandemic ends, businesses are pressed to support an increasing volume of cross-border transactions. Application programming interfaces (APIs)...

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FOMO Pay, Banking Circle Team on Collections in APAC
FOMO Pay, Banking Circle Team on Collections in APAC
December 05, 2021  |  B2B Payments

FOMO Pay, a Singaporean payment solution provider, is teaming up with Banking Circle, a Luxembourg-based bank, to offer more collection and payment services for corporate...

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Today in Payments Around the World: UK Enforces New Listing Rules for Exchanges; Big Tech Firms’ EU Woes Far From Over
Today in Payments Around the World: UK Enforces New Listing Rules for Exchanges; Big Tech...
December 04, 2021  |  International

Today in payments around the world, the U.K. enforces new listing rules for exchanges, and Big Tech firms’ EU woes are far from over. Plus,...

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EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European...

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MoneyGram, urpay Partner on Saudi Arabia Payments 
MoneyGram, urpay Partner on Saudi Arabia Payments 
December 02, 2021  |  Partnerships

MoneyGram International announced Thursday (Dec. 2) is working with the digital wallet provider urpay to power cross-border payments from Saudi Arabia.  The partnership, expected to...

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Verto, Banking Circle Partner on International Payments 
Verto, Banking Circle Partner on International Payments 
December 02, 2021  |  Partnerships

The B2B cross-border payments provider VertoFX is working with Banking Circle to streamline international payments.   Banking Circle announced the project on it website this week,...

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YouTrip Raises $30M, Plans To Enter B2B Market  
YouTrip Raises $30M, Plans To Enter B2B Market  
November 30, 2021  |  Investments

Singapore’s YouTrip has raised $30 million in a Series A funding round, money the payments startup says it will use to enter the B2B payments...

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