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.

Card Giants Step Up FinTech Support Efforts Across EU
Card Giants Step Up FinTech Support Efforts Across EU
June 04, 2019  |  B2B Payments

Visa and Mastercard are ramping up efforts to help FinTech firms develop new financial products and services, with new announcements of FinTech accelerators and other...

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PayPal Commerce Platform To Help SMBs Compete With Amazon
PayPal Commerce Platform To Help SMBs Compete With Amazon
June 03, 2019  |  Digital Payments

PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and...

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TransferMate Launches B2B Cross-Border Payments Tool
TransferMate Launches B2B Cross-Border Payments Tool
June 03, 2019  |  B2B Payments

TransferMate, which provides B2B cross-border payment services, announced that it has launched the TransferMate API. According to the company, the product allows “software partners and...

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Data Dive, Yes Please, No Thank-You And Maybe Later Edition: Global Payments, Apple And Amazon
Data Dive, Yes Please, No Thank-You And Maybe Later Edition: Global Payments, Apple And Amazon
June 03, 2019  |  Data Dive

Summer may be about to begin, but apparently someone forgot to send payments and commerce players the memo about slowing down for the vacation season....

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Western Union’s Playbook For Balancing Cash And Digital Payments
Western Union’s Playbook For Balancing Cash And Digital Payments
June 03, 2019  |  Payment Methods

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one...

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Another Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News
Another Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News
May 31, 2019  |  The Weekender

Are you ready for the weekend? Silly question — of course you are. But don’t forget to review this past week of busy news, if...

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Indonesia Rolls Out Standard QR Payment Codes; UAE Sees Rise In Outbound Remittances
Indonesia Rolls Out Standard QR Payment Codes; UAE Sees Rise In Outbound Remittances
May 30, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Western Union‘s rollout of an international money transfer service...

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TransferMate Gets Payment License In Singapore; Shanghai Commercial Bank Teams With EMQ
TransferMate Gets Payment License In Singapore; Shanghai Commercial Bank Teams With EMQ
May 29, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferMate’s approval for a payments license in Singapore, Chinese bank Shanghai...

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TSYS And Global Payments: The Details Of The $21B Deal
TSYS And Global Payments: The Details Of The $21B Deal
May 28, 2019  |  Partnerships / Acquisitions

For Total System Services (TSYS) and Global Payments, it’s official. To that end, the companies said they would enter into a merger valued about $21.5...

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