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.

Today In Payments Around The World: Uber Aims To Sell Portion Of Didi Stake; Investors Seek Majority US Ownership For TikTok
Today In Payments Around The World: Uber Aims To Sell Portion Of Didi Stake; Investors...
September 18, 2020  |  International

In today’s top payments news around the world, Uber Technologies wants to shed a portion of its minority ownership in Didi Chuxing, and investors in...

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dLocal CEO: Helping Global Merchants Tap Emerging-Market Opportunities
dLocal CEO: Helping Global Merchants Tap Emerging-Market Opportunities
September 18, 2020  |  Cross-border Payments

Launching into an emerging market can be a risky move for any global business.  While spend in developing markets isn’t typically as high as, say,...

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Visa, PayPal Expand Global Real-Time Payments Partnership
Visa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020  |  Global Payments

As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according...

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B2B Cross-Border Payments Network Thunes Raises $60M
B2B Cross-Border Payments Network Thunes Raises $60M
September 08, 2020  |  Investments

Thunes, the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. 8) that it raised $60 million in Series...

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Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

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Mexico Receives $3.53B In Remittances In July, Third Highest On Record
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
September 01, 2020  |  Cross-border Payments

Mexico obtained $3.53 billion in remittances in July to reach the third-highest point recorded, marking a rise of over 7 percent from $3.29 billion in...

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Shifting The Finserv Focus To Amazon Sellers
Shifting The Finserv Focus To Amazon Sellers
August 11, 2020  |  B2B Payments

The prolific success of Amazon has largely orbited around the company’s consumer-centric business model. The ability to offer online shoppers a seamless digital experience and...

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Pandemic Drives Growth In Global Digital Remittances
Pandemic Drives Growth In Global Digital Remittances
August 10, 2020  |  Cross-border Payments

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models...

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Western Union CEO: ‘We’re On An M&A Hunt’
Western Union CEO: ‘We’re On An M&A Hunt’
August 10, 2020  |  Partnerships / Acquisitions

One of the world’s largest digital money movers could be getting bigger. The Financial Times (FT) reported Western Union (WU) is planning to use opportunities...

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