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.

Ending The Digital Tug-Of-War That Keeps Trade Finance In The Dark Ages
Ending The Digital Tug-Of-War That Keeps Trade Finance In The Dark Ages
March 19, 2021  |  B2B Payments

The barriers that once prevented corporates from expanding on a global scale have largely come down in recent years, and cross-border trade is now not...

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Digital River CEO: Back-End Processing Takes Lead Role In Cross-Border Payments
Digital River CEO: Back-End Processing Takes Lead Role In Cross-Border Payments
March 17, 2021  |  Cross-border Payments

The old saw about thinking globally but acting locally has never been more important than it is right now in the world of global payments....

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Today In Payments Around The World: Grab’s Valuation Could Reach $40 Billion; Chinese Scrutiny Leads To Exit Of Ant Group CEO
Today In Payments Around The World: Grab’s Valuation Could Reach $40 Billion; Chinese Scrutiny Leads...
March 12, 2021  |  News

In today’s top payments news around the world, Grab could reach a valuation of as high as $40 billion if talks with a special purpose...

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Long-Term Safety, Mobile Wallets Will Boost Post-Pandemic Cross Border Travel
Long-Term Safety, Mobile Wallets Will Boost Post-Pandemic Cross Border Travel
March 12, 2021  |  Travel Payments

The optimism in the travel industry is tangible but still tentative. Vaccines are being deployed. Vaccine passports are gaining traction. The pandemic, it seems, is...

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Western Union: Banks Need To ‘Tech Up’ To Compete In The Global Remittance Market
Western Union: Banks Need To ‘Tech Up’ To Compete In The Global Remittance Market
March 11, 2021  |  Digital-First Banking

In a sort of financial “Scooby-Doo” moment, J.P. Morgan Chase CEO Jamie Dimon ignited controversy in mid-January, telling managers of the global banking behemoth that...

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Citi Rolls Out Digitized Records For International B2B Payments
Citi Rolls Out Digitized Records For International B2B Payments
March 08, 2021  |  B2B Payments

Citi has rolled out a new offering for its institutional customers that accelerates the handling of their international payments by digitizing supporting records. The offering...

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The Cross-Border Payments Opportunity Within Invoice Finance
The Cross-Border Payments Opportunity Within Invoice Finance
February 23, 2021  |  B2B Payments

Over the last several years, more businesses have migrated their sales models to online platforms like Amazon in pursuit of a broader, global customer base,...

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Virtual IBANs Speed ‘Consumerization’ Of B2B Payments
Virtual IBANs Speed ‘Consumerization’ Of B2B Payments
February 11, 2021  |  Digital-First Banking

Going global isn’t as easy as setting up an eCommerce site and waiting for the orders to come in. It requires compliant and complex banking...

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Deep Dive: How The Pandemic Is Pushing Global B2B Firms To eCommerce Channels, Marketplaces
Deep Dive: How The Pandemic Is Pushing Global B2B Firms To eCommerce Channels, Marketplaces
February 10, 2021  |  B2B Payments

Business-to-consumer (B2C) payments and processes adapted to digital years ago in the shift to eCommerce. The ongoing pandemic appears to have acted as a flashpoint...

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