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.
Virtual IBANs Speed ‘Consumerization’ Of B2B Payments
Virtual IBANs Speed ‘Consumerization’ Of B2B Payments
February 11, 2021  |  Digital-First Banking

Going global isn’t as easy as setting up an eCommerce site and waiting for the orders to come in. It requires compliant and complex banking...

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Deep Dive: How The Pandemic Is Pushing Global B2B Firms To eCommerce Channels, Marketplaces
Deep Dive: How The Pandemic Is Pushing Global B2B Firms To eCommerce Channels, Marketplaces
February 10, 2021  |  B2B Payments

Business-to-consumer (B2C) payments and processes adapted to digital years ago in the shift to eCommerce. The ongoing pandemic appears to have acted as a flashpoint...

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Today In Payments: DoorDash Acquires Robotic Food Prep Company; RBC Says Apple Pay Should Include Crypto Functionality
Today In Payments: DoorDash Acquires Robotic Food Prep Company; RBC Says Apple Pay Should Include...
February 09, 2021  |  News

In today’s top news, DoorDash is acquiring food prep company Chowbotics, and an RBC analyst said Apple Pay should develop crypto functionalities. Plus, a report...

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Today In Payments Around The World: Spreedly Collaborates With Visa On Tokenization; Global Payments, Google Team On Cloud
Today In Payments Around The World: Spreedly Collaborates With Visa On Tokenization; Global Payments, Google...
February 09, 2021  |  News

In today’s top payments news around the world, Spreedly and Visa have rolled out an effort to advance and expand the adoption of network tokenization,...

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Amazon Business On Keeping Up With Digital B2B Payment Shifts
Amazon Business On Keeping Up With Digital B2B Payment Shifts
February 09, 2021  |  B2B Payments

Keeping B2B supply chains running smoothly — and quickly — when cross-border commerce is involved requires payments flexibility and personalization. In the Global B2B Payments...

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Global Payments, Google Collaborate On Cloud-Based Payments
Global Payments, Google Collaborate On Cloud-Based Payments
February 08, 2021  |  Digital Payments

Global Payments Inc. and Google have formed a partnership to provide cloud-based offerings and functionalities, according to a Monday (Feb. 8) announcement. Global Payments will...

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Western Union: Emerging Market GDP, Innovation Depend On Remittances
Western Union: Emerging Market GDP, Innovation Depend On Remittances
January 28, 2021  |  Cross-border Payments

In the payments industry, they’re known as remittances. But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing...

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iBanFirst Debuts Payment Tracker For B2B Transactions Visibility
iBanFirst Debuts Payment Tracker For B2B Transactions Visibility
January 21, 2021  |  B2B Payments

Global financial services provider iBanFirst has launched a Payment Tracker that will offer transparent, real-time tracking services, according to a press release emailed to PYMNTS....

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Today In Payments Around The World: ByteDance Rolls Out Mobile Payments For Douyin; Dunzo Lands $40M Investment
Today In Payments Around The World: ByteDance Rolls Out Mobile Payments For Douyin; Dunzo Lands...
January 20, 2021  |  International

In today’s top payments news around the world, ByteDance has launched a mobile payment offering for Douyin, while Dunzo is closing a $40 million Series...

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