Automation and artificial intelligence (AI) have become essential tools in the business-to-business (B2B) landscape, transforming various aspects of financial operations and payment processes. For instance, the digitization and automation of payments have proven key to improving working capital transparency and streamlining financial processes, helping businesses...
In discussions of blockchain technology and its effect on payments, the idea that cryptocurrencies like Bitcoin will replace fiat money abounds. While arguments for and against the feasibility of such a hypothetical future tend to split opinions, several tokens are already powering cross-border transactions for...
Canadian payment service provider OTT Pay is bringing its cross-border transaction processing solutions to the U.S. to more efficiently serve global eCommerce companies. OTT Pay’s subsidiary company OTT Pay USA is partnering with global payment leaders to offer eCommerce merchants worldwide payment collection and settlement...
Global cross-border payments company LianLian Global is introducing a multi-currency digital wallet for cross-border transactions that can be used by U.S. merchants selling on international marketplaces. The digital wallet is intended to speed up payments while making them more accessible and less expensive than traditional...
June 24, 2021
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by financial institutions in exchange for taking the credit risk and handling these transactions. Visa and Mastercard have delayed more than $1 billion in higher fees until next year. One solution […]
June 24, 2021
If the pandemic has taught us anything, it’s that economies, firms and individuals are inextricably linked with their money. Chinese consumers can order luxury goods from Europe. European firms can...
June 07, 2021
Whether it is a multinational making payments to strategic suppliers or a business making payments to gig workers, the globalization of trade, and the massive shift to digital over the...
June 03, 2021
The United States’ restaurant delivery marketplace seems like a complex tangle of emerging and incumbent delivery services, technological platforms and payment methods, but it has nothing on Europe’s. Where U.S....
October 11, 2023
Circle Internet Financial and Coins.ph, a cryptocurrency exchange and digital wallet provider, have announced a partnership to promote financial inclusion through remittances in the Philippines. The collaboration aims to raise awareness about the benefits of using USDC, a regulated and fully-backed digital dollar, for secure, low-cost and near-instant international money transfers, the companies said in a Tuesday […]
September 16, 2022
Canadian payment service provider OTT Pay is bringing its cross-border transaction processing solutions to the U.S. to more efficiently serve global eCommerce companies. OTT Pay’s subsidiary company OTT Pay USA...
June 27, 2022
Global cross-border payments company LianLian Global is introducing a multi-currency digital wallet for cross-border transactions that can be used by U.S. merchants selling on international marketplaces. The digital wallet is...
May 26, 2022
The Clearing House (TCH) has said its clearing and settlement system CHIPS will implement the ISO 20022 message format as planned by November of next year, a press release said...
