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.

ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
April 10, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the U.A.E.’s ENOC’s launch of a mobile option for...

READ MORE >
BharatPe Notches $15.5M In Funding; Eika Group Teams With EedenBull
BharatPe Notches $15.5M In Funding; Eika Group Teams With EedenBull
April 05, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the $5 million Series A raise of Nigerian digital payments...

READ MORE >
Société Générale, Elavon Team Up For Payment Services Across Europe
Société Générale, Elavon Team Up For Payment Services Across Europe
April 04, 2019  |  Global Payments

Global payments provider Elavon and financial services group Société Générale have partnered up for payment acceptance and acquiring services throughout Europe, according to a release...

READ MORE >
Cross-Border Payment Efforts Look To Blockchain And Beyond
Cross-Border Payment Efforts Look To Blockchain And Beyond
April 03, 2019  |  B2B Payments

Banks and FinTechs have set their sights on cross-border payments, looking toward speeding up consumer and B2B payments while lowering costs. From Thailand to Canada,...

READ MORE >
How Western Union Is Taking Global P2P Omnichannel
How Western Union Is Taking Global P2P Omnichannel
April 03, 2019  |  Digital Payments

It’s one of the rising ideals in this digital world of commerce and payments, a consumer expectation that doesn’t seem in danger of fading anytime...

READ MORE >
TransferWise Formally Rolls Out PayNow Payments; Klarna Unveils Open Banking Platform
TransferWise Formally Rolls Out PayNow Payments; Klarna Unveils Open Banking Platform
March 28, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the formal rollout of payments via PayNow with the U.K.’s...

READ MORE >
Banco Santander, BBVA, Others Adopt SWIFT gpi
Banco Santander, BBVA, Others Adopt SWIFT gpi
March 28, 2019  |  B2B Payments

SWIFT’s global payments innovation (gpi) has gathered steam in Spain, while separately new APIs are being made available to banks through a network to help...

READ MORE >
FamilyMart Unveils Cashless App; Victoria Taps Into Mobile Transit Payments
FamilyMart Unveils Cashless App; Victoria Taps Into Mobile Transit Payments
March 25, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the acceptance of smartphone payments for transportation in Australia. Finserve...

READ MORE >
First Data, InstaReM Pair On Corporate Card Issuance
First Data, InstaReM Pair On Corporate Card Issuance
March 22, 2019  |  B2B Payments

Singapore-based FinTech startup InstaReM, which enables banks and consumers to send money across borders, announced a partnership with First Data to assist businesses that issue corporate...

READ MORE >