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.
World Bank Sees Remittance Flows Shrink Amid Pandemic
World Bank Sees Remittance Flows Shrink Amid Pandemic
October 29, 2020  |  Global Payments

The pandemic is affecting the amount of money migrant workers can send home, with remittances projected to drop 7 percent this year to $508 billion...

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Pleo Launches Expense Management Tool Pleo Pocket
Pleo Launches Expense Management Tool Pleo Pocket
October 29, 2020  |  B2B Payments

Pleo is offering new services bundled under the brand Pleo Pocket that will make it easier for businesses to centralize financial information, according to a...

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Report: Overcoming Cross-Border Invoice Complexities
Report: Overcoming Cross-Border Invoice Complexities
October 22, 2020  |  Back-office

Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic. Old-school business-to-business (B2B) transaction methods like sending and...

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Unifimoney Partners With Nium For Real-Time Global Transfers 
Unifimoney Partners With Nium For Real-Time Global Transfers 
October 21, 2020  |  Cross-border Payments

Silicon Valley neobank startup Unifimoney is partnering with Singapore FinTech startup Nium for real-time money transfers across the globe, the companies said in a statement...

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Today In Payments Around The World: dLocal Expands X-Border Payments Network; Mambu Teams With Ranqx For Digital Lending
Today In Payments Around The World: dLocal Expands X-Border Payments Network; Mambu Teams With Ranqx...
October 09, 2020  |  International

In today’s top payments news around the world, cross-border payment platform dLocal has grown its network, while Mambu is joining forces with New Zealand digital...

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Today In Payments Around The World: Nexi Agrees To Purchase SIA; Didi Collaborates With WhatsApp For Brazil Ridesharing
Today In Payments Around The World: Nexi Agrees To Purchase SIA; Didi Collaborates With WhatsApp...
October 06, 2020  |  International

In today’s top payments news around the world, Italian digital payment firm Nexi has agreed to buy FinTech rival SIA, while Brazilian ride-hailing service 99...

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In Europe, Building The ‘Bridge’ Between eCommerce Merchants And Traditional Banks
In Europe, Building The ‘Bridge’ Between eCommerce Merchants And Traditional Banks
October 06, 2020  |  Digital-First Banking

In Europe, the great digital shift is spurring traditional banks to play a bit of catch-up. Lilia Metodieva, managing director at Monneo, told PYMNTS platforms...

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Today In Payments Around The World: AmEx, Amazon Launch British SMB Cards; Volopay Collaborates With Nium
Today In Payments Around The World: AmEx, Amazon Launch British SMB Cards; Volopay Collaborates With...
September 30, 2020  |  International

In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while...

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How The SBA Helps SMBs Go Cross-Border
How The SBA Helps SMBs Go Cross-Border
September 25, 2020  |  SMBs

With Main Street small- to medium-sized businesses (SMBs) suffering through a downturn more ruinous than any in living memory, many that make it will do...

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