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.

Bnext Adopts LoginID FIDO-Certified Biometric Authentication

Bnext Adopts LoginID FIDO-Certified Biometric Authentication
Bnext Adopts LoginID FIDO-Certified Biometric Authentication
December 16, 2021  |  Partnerships

Spanish FinTech Bnext and FIDO-certified biometric authentication provider LoginID have partnered on the integration of LoginID’s FIDO2 SDKs into the Bnext mobile application.  Get the...

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Western Union Teams With Ukraine, CIS Institutions on Cross-Border Payments
Western Union Teams With Ukraine, CIS Institutions on Cross-Border Payments
December 15, 2021  |  Cross-border Payments

Western Union will be working with major Ukraine financial institutions and across the Commonwealth of Independent States (CIS) to boost cross-border payments, according to a...

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SWIFT Outlines Strategies for Global Adoption of Frictionless Transactions in 2022
SWIFT Outlines Strategies for Global Adoption of Frictionless Transactions in 2022
December 14, 2021  |  Cross-border Payments

Global banking network SWIFT is closing 2021 by highlighting its progress toward enabling cross-border frictionless transactions and looking ahead to 2022 as it sets the...

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Currency Exchange Marketplaces Accelerate Supplier Payments for Emerging Markets SMBs
Currency Exchange Marketplaces Accelerate Supplier Payments for Emerging Markets SMBs
December 13, 2021  |  B2B Payments

Trade has become more global than ever, but paying suppliers abroad remains a challenge for businesses looking to make payments in less familiar currencies belonging...

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Nium, Modern Exchange Partner on International Payments 
Nium, Modern Exchange Partner on International Payments 
December 07, 2021  |  Cross-border Payments

The payments and card issuance company Nium has joined forces with Oman’s Modern Exchange Co. for a partnership that will see Modern Exchange leverage Nium’s...

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API Plug-Ins Offer Fast, Cheap Fix To Cross-Border Payment Pain Points
API Plug-Ins Offer Fast, Cheap Fix To Cross-Border Payment Pain Points
December 06, 2021  |  Cross-border Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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FOMO Pay, Banking Circle Team on Collections in APAC
FOMO Pay, Banking Circle Team on Collections in APAC
December 05, 2021  |  B2B Payments

FOMO Pay, a Singaporean payment solution provider, is teaming up with Banking Circle, a Luxembourg-based bank, to offer more collection and payment services for corporate...

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Today in Payments Around the World: UK Enforces New Listing Rules for Exchanges; Big Tech Firms’ EU Woes Far From Over
Today in Payments Around the World: UK Enforces New Listing Rules for Exchanges; Big Tech...
December 04, 2021  |  International

Today in payments around the world, the U.K. enforces new listing rules for exchanges, and Big Tech firms’ EU woes are far from over. Plus,...

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EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European...

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