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.
IDEX ASA, a company that specializes in fingerprint imaging and recognition technology, has formed a new partnership with a global payments company to help create an international biometric payment...
