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.

Wegagen Bank Teams With WorldRemit; Hatton National Bank Unveils eWallet
Wegagen Bank Teams With WorldRemit; Hatton National Bank Unveils eWallet
May 15, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wegagen Bank’s tie-up with WorldRemit for a digital money transfer...

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Sweden’s Anyfin Notches €8M; Oman Arab Bank Debuts NFC Rewards
Sweden’s Anyfin Notches €8M; Oman Arab Bank Debuts NFC Rewards
May 14, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden-based Anyfin’s €8 million extended Series A funding round. Denmark’s...

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Motion Pay Teams With UnionPay; uBUCK Inks Letter With Datable
Motion Pay Teams With UnionPay; uBUCK Inks Letter With Datable
May 13, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Motion Pay Technology Inc.’s tie-up with UnionPay International to offer...

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Flagstone Notches £11m In Funding; Hong Kong Awards Virtual Banking Licenses
Flagstone Notches £11m In Funding; Hong Kong Awards Virtual Banking Licenses
May 09, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the Czech Republic-based Twisto’s €14 million raise. In addition,...

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Countingup Teams With Hokodo; Boost And Shell Malaysia Unveil eWallet Payments
Countingup Teams With Hokodo; Boost And Shell Malaysia Unveil eWallet Payments
May 08, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an eWallet payment service with Boost and...

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MeReal Biometrics Debuts Keyper Card; Maybank Implements SWIFT GPI Service
MeReal Biometrics Debuts Keyper Card; Maybank Implements SWIFT GPI Service
May 06, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the debut of Hong Kong’s MeReal Biometrics Keyper smart...

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Small Firms Demand Higher Speed, Lower Costs In Global Payments
Small Firms Demand Higher Speed, Lower Costs In Global Payments
May 03, 2019  |  B2B Payments

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). However, with business owners and entrepreneurs often taking a page out of their...

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PaySend Debuts Payment App; PFS Teams With Garmin Pay
PaySend Debuts Payment App; PFS Teams With Garmin Pay
May 02, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. PaySend, a U.K. FinTech firm, has debuted an app that enables...

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Sonect Gets eMoney License In Lithuania; Alipay Teams With HarkHark For Mobile Orders
Sonect Gets eMoney License In Lithuania; Alipay Teams With HarkHark For Mobile Orders
April 30, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sonect obtaining an eMoney license in Lithuania. In addition, Sainsbury’s...

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