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.

Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
September 27, 2024  |  SMBs

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other...

READ MORE >
PayPal Launches in China; Will Support Cross-Border Payments
PayPal Launches in China; Will Support Cross-Border Payments
September 26, 2024  |  Cross-border Payments

PayPal launched its PayPal Complete Payments platform in China, saying the solution will streamline payment and receivables processes for businesses of all sizes and support...

READ MORE >
BILL Debuts Cross-Border Instant Payments for Small Businesses
BILL Debuts Cross-Border Instant Payments for Small Businesses
September 25, 2024  |  SMBs

BILL has introduced new payment offerings for small businesses and accountants. The new capabilities, announced by the financial platform Wednesday (Sept. 25), include Local Transfer...

READ MORE >
CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
September 20, 2024  |  CFPB

With remittances, when in doubt, check it out. But don’t head straight to the regulators. That seems to be the message conveyed by the Consumer...

READ MORE >
Cross-Border Digital Wallets as the Antidote to Cash?
Cross-Border Digital Wallets as the Antidote to Cash?
September 20, 2024  |  Mobile Wallets

Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head...

READ MORE >
Mastercard and Safaricom Team on Cross-Border Payments in Kenya
Mastercard and Safaricom Team on Cross-Border Payments in Kenya
September 19, 2024  |  Partnerships

Mastercard has launched a partnership with East African telecom Safaricom. The collaboration, announced in a news release Thursday (Sept. 19), is designed to boost the...

READ MORE >
How AI and Blockchain Innovations Are Reshaping Cross-Border Commerce
How AI and Blockchain Innovations Are Reshaping Cross-Border Commerce
September 19, 2024  |  Cross Border Commerce

The bigger the connected economy gets, the smaller the effort it takes to join. In today’s increasingly interconnected world, cross-border commerce is no longer a...

READ MORE >
Visa and Dtcpay Partner to Facilitate Use of Digital Currencies
Visa and Dtcpay Partner to Facilitate Use of Digital Currencies
September 18, 2024  |  Partnerships

Visa and Singapore-based digital payments solutions provider dtcpay partnered to help consumers and businesses convert digital currencies into fiat and make digital payments. By integrating...

READ MORE >
Loop Raises $4.7 Million for Small Business Money Movement Service
Loop Raises $4.7 Million for Small Business Money Movement Service
September 17, 2024  |  Investments

Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million...

READ MORE >