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.

PNC Joins RippleNet For X-Border Payments
PNC Joins RippleNet For X-Border Payments
September 19, 2018  |  B2B Payments

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. 19). PNC Treasury Management joined the Ripple cross-border payments...

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From Startup To Global Payments Giant: Visa Turns 60
From Startup To Global Payments Giant: Visa Turns 60
September 18, 2018  |  VISA

Sixty years ago today (Sept. 18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. This startup...

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OP Financial Pilots Facial Recognition Tech; DOCOMO Digital Partners With Vodacom In Tanzania
OP Financial Pilots Facial Recognition Tech; DOCOMO Digital Partners With Vodacom In Tanzania
September 13, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Finland-based OP Financial Group’s facial recognition payments pilot. In addition, DOCOMO...

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Western Union App Launches In Mexico
Western Union App Launches In Mexico
September 12, 2018  |  Mobile Applications

Western Union, the cross-border and cross-currency money movement company, announced on Wednesday (Sept. 12) that it has launched the Western Union App with omnichannel options...

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Island Pay Plans Contactless Rollout In The Bahamas; UnionPay Brings App To Hong Kong And Macau
Island Pay Plans Contactless Rollout In The Bahamas; UnionPay Brings App To Hong Kong And...
September 11, 2018  |  Global Payments

Welcome to The Axis, your look at payments news from around the world. Coverage includes Island Pay’s contactless payments rollout in the Bahamas. In other...

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IBM, SWIFT Make News In Cross-Border Initiatives
IBM, SWIFT Make News In Cross-Border Initiatives
September 06, 2018  |  B2B Payments

Beyond cryptocurrencies, blockchain is making wakes as a conduit for transactions. China may be in the news amid crackdowns on trading. And there are a...

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IBM, SWIFT Cap X-Border Payments Initiatives       
IBM, SWIFT Cap X-Border Payments Initiatives       
September 06, 2018  |  B2B Payments

Blockchain and beyond, cross border payments held the focus of IBM, and others this past week.  SWIFT grabbed some headlines too -- and not simply...

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WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
September 04, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s launch of digital money transfers within Africa. In addition,...

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Global Payments COO Mangum Stepping Down
Global Payments COO Mangum Stepping Down
August 30, 2018  |  Personnel

Global Payments, the worldwide provider of payment technology and software solutions, announced on Thursday (Aug. 30) that President and Chief Operating Officer David Mangum is...

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