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.

Bill.com Streamlines AR With AP In Platform Update
Bill.com Streamlines AR With AP In Platform Update
October 17, 2019  |  B2B Payments

Corporate payments solution provider Bill.com has announced enhancements to its offerings for middle-market companies, aimed at reducing friction in both accounts receivable (AR) and accounts...

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Small Business InsurTech Finds The Next Unicorn
Small Business InsurTech Finds The Next Unicorn
October 11, 2019  |  B2B Payments

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the...

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PingPong: Why Doing Payments Globally Is All About Thinking Locally
PingPong: Why Doing Payments Globally Is All About Thinking Locally
October 10, 2019  |  Cross Border Commerce

The appeal of the global market for both eCommerce buyers and sellers needs little explanation or introduction. As billions of consumers all over the world...

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What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019  |  Global Payments

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the...

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TSYS, Global Payments Merger Finalized In ‘Landmark Transaction’
TSYS, Global Payments Merger Finalized In ‘Landmark Transaction’
September 18, 2019  |  Partnerships / Acquisitions

Payments companies Global Payments and TSYS (Total System Services) have finalized a merger deal that creates a combined pure play payments technology company with substantial...

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UnionPay, Wirecard Team Up For Global Expansion
UnionPay, Wirecard Team Up For Global Expansion
September 16, 2019  |  Partnerships / Acquisitions

Wirecard and UnionPay have partnered up and signed a memorandum of understanding (MoU) to expand globally, according to a release. The agreement between the two...

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Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks
Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks
September 16, 2019  |  Digital Payments

As more startups penetrate the $1.5 trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025,...

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Mastercard Track Expands Focus To Faster B2B Payments, Data Collection
Mastercard Track Expands Focus To Faster B2B Payments, Data Collection
September 12, 2019  |  B2B Payments

Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is...

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Mastercard, R3 Team Up To Bring Blockchain To X-Border Payments
Mastercard, R3 Team Up To Bring Blockchain To X-Border Payments
September 11, 2019  |  Partnerships / Acquisitions

Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a press release on...

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