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.

Why Western Union Is Embracing Its White-Label Future
Why Western Union Is Embracing Its White-Label Future
November 01, 2019  |  Earnings

If one were looking for a simple phrase to describe the theme of Western Union’s Q3 earnings report on Thursday (Oct. 31), “pleasant surprises” would...

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Mastercard Sees 17 Pct X-Border Volume Growth; B2B A Key Market
Mastercard Sees 17 Pct X-Border Volume Growth; B2B A Key Market
October 29, 2019  |  Earnings

Mastercard posted results Tuesday (Oct. 29) that showed continued traction in new payment flows, especially B2B, core debit and credit spending. In terms of headline...

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Citi Teams With Global Payments To Enhance Digital Commerce Gateway
Citi Teams With Global Payments To Enhance Digital Commerce Gateway
October 28, 2019  |  Payment Methods

Citi has announced that it’s entering into partnerships with Global Payments and PPRO to help with its Spring by Citi payment offering, according to a...

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Western Union Rolls Out Full API Access For International Payments
Western Union Rolls Out Full API Access For International Payments
October 28, 2019  |  Global Payments

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a...

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InstaReM Rebrands To Nium, Launches Open Money Network
InstaReM Rebrands To Nium, Launches Open Money Network
October 27, 2019  |  Payments Innovation

Digital cross-border payments provider InstaReM has announced that it is rebranding to become part of Nium, the first global payments platform that allows businesses to...

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Amex, Nova Offer Global Transfer Of US Credit Reports
Amex, Nova Offer Global Transfer Of US Credit Reports
October 25, 2019  |  International

American Express has partnered with Nova Credit, a credit reporting startup that operates across borders, to give expatriates and immigrants the ability to share their...

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Western Union Opens Platform To Asia Affiliates
Western Union Opens Platform To Asia Affiliates
October 23, 2019  |  International

Global payment services firm Western Union is expanding its cross-border platform into Asia, the company said in a press release on Wednesday (Oct. 23). The...

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Santander Localizes Global Payments For Corporate Clients
Santander Localizes Global Payments For Corporate Clients
October 22, 2019  |  B2B Payments

Santander Bank is launching a new payments solution for its corporate clients to enhance their global payment operations. The financial institution said in a press...

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Citi On Supply Chain Finance In An Age Of (Global) Uncertainty
Citi On Supply Chain Finance In An Age Of (Global) Uncertainty
October 21, 2019  |  B2B Payments

Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real impact of geopolitics...

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