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.

Real-Time Realized: Unlocking The Connected Economy Capabilities Of Real-Time Payments
Real-Time Realized: Unlocking The Connected Economy Capabilities Of Real-Time Payments
June 07, 2021  |  Commerce Connected

Country by country, real-time payments systems are taking shape, focusing on domestic transactions. But as Odilon Almeida, global chief executive officer at ACI Worldwide, told...

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Expense Management Reaches Beyond The Domestic Business Trip
Expense Management Reaches Beyond The Domestic Business Trip
June 04, 2021  |  B2B Payments

The expense management ecosystem has seen significant innovation in recent years as more FinTechs step onto the market to help businesses more diligently track spend....

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InComm, Visa Team On Healthcare Payments Solution
InComm, Visa Team On Healthcare Payments Solution
May 27, 2021  |  Healthcare

InComm Payments, which works in global payments tech, is partnering with Visa on a new healthcare benefits solution, according to a press release. The Dual...

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How It Works: Inside The FIS RealNet Platform
How It Works: Inside The FIS RealNet Platform
May 26, 2021  |  Faster Payments

Real-time payments are piquing the interest of firms around the globe. PYMNTS research has found that more than a quarter of firms surveyed in the...

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Keeping Pace With Payroll Innovation On A Global Scale
Keeping Pace With Payroll Innovation On A Global Scale
May 19, 2021  |  B2B Payments

Finance leaders taking charge in digital transformation are finding ways to optimize workflows beyond accounting, accounts payable (AP) and accounts receivable (AR). Payroll, as it...

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How X-Border B2B Payments Efficiency Supports ROI On LATAM Expansion
How X-Border B2B Payments Efficiency Supports ROI On LATAM Expansion
May 18, 2021  |  B2B Payments

While Latin America certainly plays a strategic role for many businesses expanding internationally, it is often not their core market and, as a result, can...

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Blockchain Finds A Space In Industrial Procure-To-Pay
Blockchain Finds A Space In Industrial Procure-To-Pay
May 17, 2021  |  B2B Payments

The oil and gas industry has had a difficult past few days amid supply chain disruptions stemming from the ransomware attack on the Colonial Pipeline....

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$540 Billion Remittance Figure Higher Than World Bank Expectations
$540 Billion Remittance Figure Higher Than World Bank Expectations
May 12, 2021  |  Global Payments

The pandemic wasn’t enough to completely dampen global remittance flows, according to a press release from the World Bank. A total of $540 billion in...

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Tracing Payroll’s Evolution Across Departments, Borders
Tracing Payroll’s Evolution Across Departments, Borders
May 06, 2021  |  B2B Payments

The face of payroll is changing at a dizzying pace. Employees have greater expectations over how they receive compensation, while new employment models are adding...

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