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.

What Exactly Is ‘Payment Orchestration’ And Why Does Your Business Need It?
What Exactly Is ‘Payment Orchestration’ And Why Does Your Business Need It?
November 11, 2021  |  Payment Methods

The rapidly evolving payments landscape can be a nightmare for merchants to navigate, all the more so when they’re entering into expansion mode. When moving...

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Two-Thirds of Travel Operators Cite Accounts Receivable as Significant Payment Pain Point
Two-Thirds of Travel Operators Cite Accounts Receivable as Significant Payment Pain Point
November 10, 2021  |  Accounts Receivable

The collapse in income following the pandemic’s onset in March 2020 sent a shockwave through the travel and tourism sector. Large travel and tourism firms...

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Global Payment Orchestration Market Expected to Grow 20% Annually
Global Payment Orchestration Market Expected to Grow 20% Annually
November 09, 2021  |  Cross-border Payments

When an enterprise starts doing B2B trade with a company in another nation, the seller quickly finds that it must meet the shopper’s payment preferences,...

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Modern Treasury, Metropolitan Commercial Bank Team on Automated Payments
Modern Treasury, Metropolitan Commercial Bank Team on Automated Payments
November 09, 2021  |  B2B Payments

Modern Treasury, a payments operations software provider, is working with Metropolitan Commercial Bank (MCB) in order to provide automated payment options to companies, according to...

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Deep Dive: How International Enterprises Can Prepare for Growth With Second-Wave Payments Orchestration
Deep Dive: How International Enterprises Can Prepare for Growth With Second-Wave Payments Orchestration
November 08, 2021  |  Cross-border Payments

The international eCommerce ecosystem has changed dramatically in the 19 months since March 2020. Consumers around the globe have shifted to shopping online en masse...

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Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
November 07, 2021  |  International

The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the...

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Etsy on Leveraging the Power of Global Payment Alternatives to Drive Customer Engagement
Etsy on Leveraging the Power of Global Payment Alternatives to Drive Customer Engagement
November 05, 2021  |  Cross-border Payments

Shop global, pay local. In the latest Cross-Border Retail Payments Tracker, Morgan Blake, vice president of Payments at Etsy, explains how providing locally relevant payment...

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Stablecoins’ Offer ‘Always-On’ Payments to Consumers Whose Needs Don’t Fit Within Banker’s Hours
Stablecoins’ Offer ‘Always-On’ Payments to Consumers Whose Needs Don’t Fit Within Banker’s Hours
November 05, 2021  |  Payment Methods

Stablecoins have been grabbing headlines amid increased scrutiny from the Treasury Department and calls on Congress for stricter regulation — with no shortage of other...

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Etsy’s Payments Chief Says Local Payments Essential For Cross-Border Success
Etsy’s Payments Chief Says Local Payments Essential For Cross-Border Success
November 04, 2021  |  Cross-border Payments

Growing consumer interest in digital payment options at in-store and online retailers was rising even before the pandemic boosted acceptance. Recent research forecast that global...

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