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.
Mastercard Track Expands Focus To Faster B2B Payments, Data Collection
Mastercard Track Expands Focus To Faster B2B Payments, Data Collection
September 12, 2019  |  B2B Payments

Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is...

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Mastercard, R3 Team Up To Bring Blockchain To X-Border Payments
Mastercard, R3 Team Up To Bring Blockchain To X-Border Payments
September 11, 2019  |  Partnerships / Acquisitions

Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a press release on...

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Collaboration Is Key For Consensus On Cross-Border Payments
Collaboration Is Key For Consensus On Cross-Border Payments
September 11, 2019  |  Payment Methods

According to the new Simplifying Cross-Border Payments Playbook, there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency...

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Cross-Border Payments, With Speed And Security In Mind
Cross-Border Payments, With Speed And Security In Mind
September 10, 2019  |  Today In Data

In payments, complexity reigns, and making payments simple, transparent and speedy is anything but easy. That’s especially true with cross-border payments, where commerce done globally...

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Bamboo Straws, Emerging Markets And The Lessons Of Selling Cross Border
Bamboo Straws, Emerging Markets And The Lessons Of Selling Cross Border
September 03, 2019  |  Cross-border Payments

It’s one thing to talk the talk on cross-border payments, one of the hottest and increasingly vital areas of global payments and commerce. It’s another...

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The Travel Industry’s Cross-Border B2B Payments Strategy
The Travel Industry’s Cross-Border B2B Payments Strategy
August 30, 2019  |  B2B Payments

The friction-heavy processes of the travel industry make it a prime target for FinTech innovation. By nature, travel is a sector dependent on the movement...

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Keeping SCA From Becoming The Subscription Commerce Kill Switch
Keeping SCA From Becoming The Subscription Commerce Kill Switch
August 22, 2019  |  Subscription Commerce

Friction is a commerce-killer in all types of businesses, but the risk is especially elevated when it comes to subscriptions and recurring payments, among the...

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Global Cross-Border Payments Expected To Grow, But Challenges Remain
Global Cross-Border Payments Expected To Grow, But Challenges Remain
August 16, 2019  |  Cross Border Commerce

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. These transactions reached $144 billion in...

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Faster Payments Gone Global
Faster Payments Gone Global
August 14, 2019  |  Today In Data

Speedier payments, across the globe – faster and, in some cases, in real time. The Federal Reserve’s plan to launch FedNow may have grabbed headlines...

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