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.

How Cross-Border eCommerce Challenges Provide Opportunities for Innovators in Latin America
How Cross-Border eCommerce Challenges Provide Opportunities for Innovators in Latin America
November 19, 2021  |  Digital Payments

Kludgey domestic payments infrastructure keeps merchants from giving consumers living in Latin America the chance to shop across borders in a seamless, secure way. In...

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Adobe and Mastercard Team to Speed up Digital Payouts
Adobe and Mastercard Team to Speed up Digital Payouts
November 18, 2021  |  Digital Payments

On Thursday (Nov. 18), Adobe announced the debut of an integrated solution that combines eSignature workflows, powered by Adobe Sign, with instant payments across the...

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MoneyGram, bKash to Enable Real-Time Payments for 55M Users
MoneyGram, bKash to Enable Real-Time Payments for 55M Users
November 18, 2021  |  Faster Payments

Digital P2P payments provider MoneyGram International, Inc. has integrated with Bangladesh mobile financial service bKash to enable more than 55 million bKash users to receive...

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FinTechs Play Big Role in Helping Consumers Shop Across Latin America
FinTechs Play Big Role in Helping Consumers Shop Across Latin America
November 18, 2021  |  Digital Payments

eCommerce is quickly establishing itself as a significant industry in Latin America, with one report finding that 267 million online buyers now live within the...

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To Simplify Cross-Border Payments, FinTechs Should Borrow a Page from WhatsApp
To Simplify Cross-Border Payments, FinTechs Should Borrow a Page from WhatsApp
November 18, 2021  |  Cross-border Payments

Getting paid is a challenge for any business at the best of times, but in the case of cross-border transactions, the complexity often extends several...

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Euronet Debuts Real Time Cross Border Business Payments Platform Dandelion
Euronet Debuts Real Time Cross Border Business Payments Platform Dandelion
November 17, 2021  |  B2B Payments

Euronet Worldwide, a global solutions and payments provider, has rolled out a cross-border payment platform to boost business integration, according to a press release. Called...

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Citi Names 2 Longtime Employees as Global Co-Heads of TTS Payments
Citi Names 2 Longtime Employees as Global Co-Heads of TTS Payments
November 16, 2021  |  Personnel

Citi has announced that two longtime executives, Amit Agarwal and Debopama Sen, will serve as co-heads of Citi Treasury and Trade Solutions (TTS) Payments and...

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TerraPay-MTN Uganda Partnership to Offer “Digital Mobility” 
TerraPay-MTN Uganda Partnership to Offer “Digital Mobility” 
November 15, 2021  |  Partnerships / Acquisitions

The Dutch payments infrastructure company TerraPay has joined forces with MTN Mobile Money Uganda Limited to power speedy transfers to beneficiaries in places like China...

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Flywire Reports 61% Q3 Revenue Growth to $67.8M 
Flywire Reports 61% Q3 Revenue Growth to $67.8M 
November 11, 2021  |  Earnings

Global payments platform Flywire Corporation on Tuesday (Nov. 9) reported 61% revenue growth to $67.8 million for the third quarter of fiscal 2021, up from...

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