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.
Banks Join Forces To Create Interbank Group For Global Payments
Banks Join Forces To Create Interbank Group For Global Payments
September 26, 2016  |  Blockchain / Distributed Ledger

Ripple, the provider of financial settlement solutions, announced on Friday (Sept. 23) a number of global banks joining forces to create the first interbank group...

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TransferWise Pulls The Enterprise Onto Its Money Transfer Platform
TransferWise Pulls The Enterprise Onto Its Money Transfer Platform
August 17, 2016  |  B2B Payments

U.K. money transfer company TransferWise secured unicorn status earlier this year, and now, the peer-to-peer FinTech firm has a new goal on the horizon. Tuesday (Aug....

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Global Payments’ Big Atlanta Expansion
Global Payments’ Big Atlanta Expansion
August 15, 2016  |  Payment Methods

Global Payments, the payments processor, is expanding in the southeast U.S., as The Atlanta Journal-Constitution reported on Friday (Aug. 12). The FinTech firm said it...

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Why The Government Now Cares About International Students
Why The Government Now Cares About International Students
August 11, 2016  |  Global Citizen

The federal government is increasing their oversight of several thousand schools nationwide to ensure compliance and also catch fraudsters in the act.

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Visa Opens Up Office In Silicon Valley To Spur Innovation
Visa Opens Up Office In Silicon Valley To Spur Innovation
July 26, 2016  |  VISA

In an effort to accelerate digital commerce globally, credit card company Visa announced on Monday (July 25) plans to open an office in Silicon Valley. The new...

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Green Dot Taps Chairman From Global Payments
Green Dot Taps Chairman From Global Payments
June 28, 2016  |  Payment Methods

In the continuing saga of Green Dot and corporate structure and C-suite level executives, the company said Monday that William I. Jacobs has been named...

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What To Bring To The Electronic Payments Revolution
What To Bring To The Electronic Payments Revolution
April 14, 2016  |  Payment Methods

Shakespeare once wrote that the “readiness is all.” That pithy statement can apply to any number of endeavors – including the shift to electronic payments...

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Western Union Launches Small B2B Payments Network
Western Union Launches Small B2B Payments Network
April 05, 2016  |  International

The segment of Western Union known as Western Union Business Solutions, geared toward payments services, said on Monday (April 5) that it is launching WU...

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