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.

Ace Money Transfer Partners With Mastercard on X-Border Payments
Ace Money Transfer Partners With Mastercard on X-Border Payments
February 24, 2025  |  Cross-border Payments

Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. Get the Full Story Complete the form to unlock this article...

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EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore
EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore
February 17, 2025  |  Bank Regulation

Global payment service provider EBANX secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Get the Full Story Complete the...

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Corpay Introduces Multi-Currency Accounts to Help Businesses Manage Cross-Border Payments
Corpay Introduces Multi-Currency Accounts to Help Businesses Manage Cross-Border Payments
February 12, 2025  |  B2B Payments

Corporate payments company Corpay’s Cross-Border business has launched a new solution that enables companies to receive and pay out foreign currencies with an account in...

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Corpay Keeps Focus on Cross-Border and Corporate Payments Despite Macro Turbulence
Corpay Keeps Focus on Cross-Border and Corporate Payments Despite Macro Turbulence
February 05, 2025  |  Earnings

As the global transportation and logistics sectors navigate economic uncertainty, rising fuel costs and increasing regulatory pressures, fleet managers are reevaluating their operational strategies. Get...

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Faster Payments Open Global Markets to Smaller Companies
Faster Payments Open Global Markets to Smaller Companies
February 03, 2025  |  Cross-border Payments

Just a few years ago, cross-border payments were inefficient at best and filled with friction at worst. Get the Full Story Complete the form to...

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Wise to Settle CFPB Allegations of Issues Around Advertisements and Disclosures
Wise to Settle CFPB Allegations of Issues Around Advertisements and Disclosures
January 30, 2025  |  CFPB

International remittance company Wise and the Consumer Financial Protection Bureau (CFPB) reached an agreement to settle the regulator’s allegations that the company advertised inaccurate fees and failed...

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Mastercard Sees Growth in Tokenization and Commercial Payments
Mastercard Sees Growth in Tokenization and Commercial Payments
January 30, 2025  |  Earnings

Mastercard’s fourth-quarter earnings results showed that consumers still rely on their cards for everyday spending — and beyond the resilient consumer, tens of trillions of...

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Cedar Money Raises $9.9 Million for Cross-Border Payment Solution Using Stablecoins
Cedar Money Raises $9.9 Million for Cross-Border Payment Solution Using Stablecoins
January 30, 2025  |  Investments

Cedar Money raised $9.9 million in a seed round to support the growth of its payments software that uses stablecoins to facilitate cross-border payments between...

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Wells Fargo and Derivative Path Partner on FX Payment Services
Wells Fargo and Derivative Path Partner on FX Payment Services
January 27, 2025  |  Partnerships

Derivative Path and Wells Fargo have partnered to help regional and community banks provide foreign exchange (FX) payment services. Get the Full Story Complete the...

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