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.

Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem
Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem
August 10, 2020  |  B2B Payments

Payments messaging standards are a critical component of interoperability between the increasing number of payment networks around the world. As a method of “speaking the...

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How The Pandemic Has Reshaped The Global Payments Market
How The Pandemic Has Reshaped The Global Payments Market
August 07, 2020  |  Today In Data

The global health pandemic that started this spring has now pushed past its 120th day, and the global payments landscape is now fundamentally different. Many segments have been hit...

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Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
July 30, 2020  |  B2B Payments

B2B payments hub Qolo is integrating with international payment company moneycorp in order to offer a new foreign exchange payments solution to help businesses access...

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Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
July 29, 2020  |  International

With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs)...

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Why Collaboration Is Credit Unions’ Payments Innovation Advantage
Why Collaboration Is Credit Unions’ Payments Innovation Advantage
July 24, 2020  |  B2B Payments

One of the biggest differences between a bank and a credit union (CU) is that unlike a for-profit bank, a CU is owned by its...

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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
July 21, 2020  |  Bank Regulation

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. The European Union’s financial...

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SMBs Seek New Avenues To Cross-Border Payments
SMBs Seek New Avenues To Cross-Border Payments
July 15, 2020  |  B2B Payments

Although cross-border expansion can be a major business growth opportunity for U.S. companies today, that wasn’t always the case. The global market has historically revolved...

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Fostering Payments Trust In A Global Freelance Economy
Fostering Payments Trust In A Global Freelance Economy
July 13, 2020  |  Gig Economy

Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation. Today, while shutdowns have led many businesses to temporarily halt non-essential...

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