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.
International Payments Firm Equals Group Acquires Hermex For £2M
International Payments Firm Equals Group Acquires Hermex For £2M
August 09, 2019  |  Partnerships / Acquisitions

FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a...

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Ingenico Launches New Payment Platform For Travel Companies
Ingenico Launches New Payment Platform For Travel Companies
July 30, 2019  |  Digital Payments

Global payments provider Ingenico Group has launched TravelHub to connect travel companies with end-to-end payment processing across Asia, Latin America and Europe. With TravelHub, travel...

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For Corporates, Cross-Border Payments Innovation Isn’t All About Speed
For Corporates, Cross-Border Payments Innovation Isn’t All About Speed
July 26, 2019  |  B2B Payments

The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-border payments....

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Why A Smart China Plan Isn’t About Moving Fast Or Breaking Anything 
Why A Smart China Plan Isn’t About Moving Fast Or Breaking Anything 
July 26, 2019  |  B2B Payments

The Chinese market presents a formidable, but also somewhat irresistible challenge to any payments and commerce player standing on the outside looking in. Formidable because...

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A Bigger Picture For Payments
A Bigger Picture For Payments
July 25, 2019  |  Today In Data

As business becomes ever more global, payments diversity and new forms of trade financing and onboarding become ever more important. That doesn’t meant investors won’t...

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Why Payments Diversity Matters As Firms Go Global
Why Payments Diversity Matters As Firms Go Global
July 25, 2019  |  Digital Payments

On a global stage, one size does not fit all when it comes to payments. In an interview with PYMNTS, Deirdre Ives, CEO and managing director...

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Western Union Teams With UK’s Post Office To Digitize Global Payments
Western Union Teams With UK’s Post Office To Digitize Global Payments
July 18, 2019  |  Digital Payments

Western Union has announced a collaboration with the United Kingdom’s Post Office Ltd. to offer U.K. consumers and businesses expanded digital international payment services. The...

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Why Trust Is The Super Glue To Making Cross-Border Payments Work
Why Trust Is The Super Glue To Making Cross-Border Payments Work
July 18, 2019  |  Safety and Security

Trust is important for all of payment, commerce and financial services – it is more or less the glue that holds transactions together. Without foundations...

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PayPal’s Xoom Goes Global And Door-to-Door
PayPal’s Xoom Goes Global And Door-to-Door
July 15, 2019  |  Payment Methods

Xoom, PayPal’s international digital money transfer service, is launching in the U.K. and 31 countries, allowing millions of users to remit in bytes and bits....

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