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.

Cornerstone To Buy FXPress, Boost SMB Payment Services

Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

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Mexico Receives $3.53B In Remittances In July, Third Highest On Record
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
September 01, 2020  |  Cross-border Payments

Mexico obtained $3.53 billion in remittances in July to reach the third-highest point recorded, marking a rise of over 7 percent from $3.29 billion in...

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Shifting The Finserv Focus To Amazon Sellers
Shifting The Finserv Focus To Amazon Sellers
August 11, 2020  |  B2B Payments

The prolific success of Amazon has largely orbited around the company’s consumer-centric business model. The ability to offer online shoppers a seamless digital experience and...

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Pandemic Drives Growth In Global Digital Remittances
Pandemic Drives Growth In Global Digital Remittances
August 10, 2020  |  Cross-border Payments

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models...

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Western Union CEO: ‘We’re On An M&A Hunt’
Western Union CEO: ‘We’re On An M&A Hunt’
August 10, 2020  |  Partnerships

One of the world’s largest digital money movers could be getting bigger. Get the Full Story Complete the form to unlock this article and enjoy...

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Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem
Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem
August 10, 2020  |  B2B Payments

Payments messaging standards are a critical component of interoperability between the increasing number of payment networks around the world. As a method of “speaking the...

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How The Pandemic Has Reshaped The Global Payments Market
How The Pandemic Has Reshaped The Global Payments Market
August 07, 2020  |  Today In Data

The global health pandemic that started this spring has now pushed past its 120th day, and the global payments landscape is now fundamentally different. Many segments have been hit...

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Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
July 30, 2020  |  B2B Payments

B2B payments hub Qolo is integrating with international payment company moneycorp in order to offer a new foreign exchange payments solution to help businesses access...

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