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.

Twitter Adds Strike API for Tips Paid in Bitcoin
Twitter Adds Strike API for Tips Paid in Bitcoin
September 23, 2021  |  API

Digital wallet Strike announced the debut of the Strike API platform for marketplace and merchant businesses, according to a Thursday (Sept. 23) press release. Twitter...

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Remitly Starts Trading on Nasdaq With $43 Share Price at $7B Valuation
Remitly Starts Trading on Nasdaq With $43 Share Price at $7B Valuation
September 23, 2021  |  IPO

Global remittance startup Remitly is set to begin trading on the Nasdaq on Thursday (Sept. 23) under the ticker RELY with a per-share price of...

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Google Pay Bolsters Mobile Payment System With New Bank Additions
Google Pay Bolsters Mobile Payment System With New Bank Additions
September 20, 2021  |  Google

Digital wallet platform Google Pay has expanded access to include more than 80 banks in Switzerland, as well as financial institutions in Australia, Bulgaria, Chile,...

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Average US Firm Waits 33 Days to Receive Cross-Border Payments, Data Show 
Average US Firm Waits 33 Days to Receive Cross-Border Payments, Data Show 
September 16, 2021  |  B2B Payments

While one-touch digital payments and other rapid solutions have become table stakes on the consumer side of commerce, businesses continue to be weighed down by...

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Deep Dive: How Banks and Payment Providers Are Addressing PSD2 and SCA Complications
Deep Dive: How Banks and Payment Providers Are Addressing PSD2 and SCA Complications
September 15, 2021  |  Authentication

An almost unfathomable amount of money crisscrosses the globe each year, with $156 trillion expected to move across borders annually by 2022. These payments include...

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Framar on Meeting the Beauty Industry’s Cross-Border Payments Challenges
Framar on Meeting the Beauty Industry’s Cross-Border Payments Challenges
September 10, 2021  |  Cross-border Payments

Keeping enough of the right shade of lipstick in stock is nothing compared to supporting the customer payments preferences when shopping cross-border. In The Cross-Border...

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Digital Wallets Refresh Sales for Cross-Border Beauty eTailers
Digital Wallets Refresh Sales for Cross-Border Beauty eTailers
September 09, 2021  |  Cross-border Payments

eCommerce continues its decade-long rise, with global online sales spiking 38% year over year in the first quarter of 2021 and projected to hit $4.2...

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Global Payments to Buy MineralTree for $500M
Global Payments to Buy MineralTree for $500M
September 08, 2021  |  Partnerships / Acquisitions

Payments technology company Global Payments Inc. will pay $500 million to buy MineralTree, which provides accounts payable automation and B2B payment solutions.  The Atlanta-based company...

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A ‘Crypto-Friendly Super App for Global Citizens’ Is Now a Thing
A ‘Crypto-Friendly Super App for Global Citizens’ Is Now a Thing
September 08, 2021  |  Digital Banking

So-called global citizens, who do business in more than one country, have a very specific set of needs when it comes to financial services. With...

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