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.
Cambodia Partners With Malaysia For Cross-Border Digital Money Transfers
Cambodia Partners With Malaysia For Cross-Border Digital Money Transfers
August 13, 2021  |  International

Cambodia’s central bank is partnering with Malaysia’s Maybank for digital cross-border money transfers. The transfers will initially start with Malaysia to Cambodia, with Cambodia to...

READ MORE >
RippleNet Expands Operations In S. Korea-Thailand Remittance Corridor
RippleNet Expands Operations In S. Korea-Thailand Remittance Corridor
August 11, 2021  |  Global Payments

RippleNet, Ripple’s global financial network, announced on Wednesday (Aug. 11) a third addition to its list of financial institutions (FIs) and money transfer companies in...

READ MORE >
Citi On How Faster Global Payments Can Lift All Boats
Citi On How Faster Global Payments Can Lift All Boats
August 06, 2021  |  Faster Payments

Waiting hours or days for cross-border payments can be painful for independent contractors, in some cases forcing them to borrow money or fall back on...

READ MORE >
NEW REPORT: Real-Time Payments Helps Fix Cross Border’s Workforce Payday Cash Crunch
NEW REPORT: Real-Time Payments Helps Fix Cross Border’s Workforce Payday Cash Crunch
August 05, 2021  |  Faster Payments

The speed of commerce keeps accelerating — except in the case of businesses getting paid by international customers. Consumers take for granted the ability to...

READ MORE >
China SMBs Complete $580M In Cross-Border Transfers Using Blockchain
China SMBs Complete $580M In Cross-Border Transfers Using Blockchain
August 01, 2021  |  B2B Payments

Some 208 small- to medium-sized businesses (SMBs) in China’s Yunnan province have conducted 638 international transactions using a blockchain platform developed by the government, CoinDesk...

READ MORE >
How The Digital Shift Is Coming To College Financial Offices
How The Digital Shift Is Coming To College Financial Offices
July 29, 2021  |  Accounts Receivable

The Smart Receivables Playbook: Rethinking Tuition Payments In A Time Of Transformation, a PYMNTS and Flywire collaboration, offers an on-the-ground perspective on how higher education...

READ MORE >
Thunes Acquisition Of Limonetik Brings Two Global Pain Points Under A Single Solution
Thunes Acquisition Of Limonetik Brings Two Global Pain Points Under A Single Solution
July 26, 2021  |  Partnerships / Acquisitions

There was another jump forward in the global payments market this week, as Singapore-based cross-border payments leader Thunes announced its planned acquisition of Paris-based payments platform Limonetik. The...

READ MORE >
Deep Dive: The Benefits Of Tapping Payment Orchestration To Drive Long-Term Business Growth
Deep Dive: The Benefits Of Tapping Payment Orchestration To Drive Long-Term Business Growth
July 19, 2021  |  Cross-border Payments

Digital businesses have experienced some pandemic-influenced gains within the 15 months since March 2020, and the global rise in consumer demand for digital commerce shows...

READ MORE >
Shipmate Fulfillment On Using Payment Orchestration To Break Down Cross-Border Barriers
Shipmate Fulfillment On Using Payment Orchestration To Break Down Cross-Border Barriers
July 16, 2021  |  Cross-border Payments

Countless international growth opportunities for eCommerce businesses have cropped up in the past 16 months. Consumers around the world have begun shopping and paying online...

READ MORE >