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.

This Week in B2B Innovation: Globalization, Digitization and Better Payments 
This Week in B2B Innovation: Globalization, Digitization and Better Payments 
May 16, 2024  |  B2B Payments

The B2B landscape is built atop a foundation of innovation designed to meet business needs. And with the news that U.S. corporate bankruptcies have reached...

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Payment Diversification Creates Winning Formula for Merchants
Payment Diversification Creates Winning Formula for Merchants
May 08, 2024  |  Payment Methods

There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification...

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TerraPay Names Western Union Vet Hassan Chatlia Head of Network
TerraPay Names Western Union Vet Hassan Chatlia Head of Network
May 06, 2024  |  Personnel

TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice president, global head of network for TerraPay, the London-based money movement...

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Airwallex and BILL Partner to Enable Faster International Payments
Airwallex and BILL Partner to Enable Faster International Payments
April 30, 2024  |  Partnerships

Airwallex and BILL partnered to help BILL customers make faster international payments. With this collaboration, BILL’s financial operations platform for small– to medium-sized businesses (SMBs) will add the local...

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Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
April 30, 2024  |  B2B Payments

In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as...

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Digital Wallets Provide Local Touch to Connected Travel Experiences
Digital Wallets Provide Local Touch to Connected Travel Experiences
April 29, 2024  |  Mobile Wallets

Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from...

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Airwallex Expands Payment Acceptance Solution to US
Airwallex Expands Payment Acceptance Solution to US
April 24, 2024  |  Cross-border Payments

Airwallex has expanded its payment acceptance solution to the United States. With this service, U.S.-based merchants can accept payments from both domestic and international customers, and foreign merchants...

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Standard Chartered and Visa Partner on Cross-Border B2B Payments
Standard Chartered and Visa Partner on Cross-Border B2B Payments
April 23, 2024  |  B2B Payments

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients. The bank has joined the Visa B2B Connect multilateral payment network and has...

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Airwallex Teams With Bird for Streamlined International Payments
Airwallex Teams With Bird for Streamlined International Payments
April 22, 2024  |  Partnerships

Payments platform Airwallex has launched a partnership with global communications platform Bird, formerly known as MessageBird. The collaboration, announced Monday (April 22), is designed to power Bird’s international payments...

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