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.

Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024  |  Investments

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. “The Series F...

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Visa and CARD91 Partner to Bring Platform-as-a-Service Forex Cards to Issuers
Visa and CARD91 Partner to Bring Platform-as-a-Service Forex Cards to Issuers
October 04, 2024  |  Partnerships

Visa and CARD91 have partnered to enable regulated entities to issue Forex Cards on the Visa network. This collaboration brings together Visa’s digital payments network and...

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Visa, PayPal and Others Could Bring Utility and Legitimacy to Stablecoins
Visa, PayPal and Others Could Bring Utility and Legitimacy to Stablecoins
October 04, 2024  |  Blockchain

In 2022, the de-pegging of the TerraUSD (UST) stablecoin led to a cryptocurrency sector collapse, ultimately exposing fraud at FTX and elsewhere. Much has changed...

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The Latest Data on Real-Time Payments Global Expansion
The Latest Data on Real-Time Payments Global Expansion
October 03, 2024  |  Real-Time Payments

Real-time payments are growing in popularity the world over, with governments, banks and corporates all doing their part to make these transactions the new norm....

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Likely Lightspeed POS Suitors Include Worldpay and Private Equity
Likely Lightspeed POS Suitors Include Worldpay and Private Equity
September 27, 2024  |  Acquisitions

With Lightspeed Commerce engaged in discussions of “potential strategic alternatives,” private equity firms and Worldpay are reportedly the most logical potential buyers of the point-of-sale...

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Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
September 27, 2024  |  SMBs

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other...

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PayPal Launches in China; Will Support Cross-Border Payments
PayPal Launches in China; Will Support Cross-Border Payments
September 26, 2024  |  Cross-border Payments

PayPal launched its PayPal Complete Payments platform in China, saying the solution will streamline payment and receivables processes for businesses of all sizes and support...

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BILL Debuts Cross-Border Instant Payments for Small Businesses
BILL Debuts Cross-Border Instant Payments for Small Businesses
September 25, 2024  |  SMBs

BILL has introduced new payment offerings for small businesses and accountants. The new capabilities, announced by the financial platform Wednesday (Sept. 25), include Local Transfer...

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CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
September 20, 2024  |  CFPB

With remittances, when in doubt, check it out. But don’t head straight to the regulators. That seems to be the message conveyed by the Consumer...

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