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.

Instant Payments Gain Ground With SEPA, SWIFT

Instant Payments Gain Ground With SEPA, SWIFT
Instant Payments Gain Ground With SEPA, SWIFT
December 04, 2018  |  B2B Payments

The payment messaging entity SWIFT this past week began implementing its SWIFTNet Instant service that is tied to the Eurosystem’s TARGET Instant Payment Settlement service....

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Paytm Eyes Expansion In Japanese Market
Paytm Eyes Expansion In Japanese Market
November 29, 2018  |  International

India-based digital payments service Paytm said it wants to take over the Japanese mobile payment market, according to a recent report. Get the Full Story...

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Kuwait Debuts FinTech Sandbox
Kuwait Debuts FinTech Sandbox
November 29, 2018  |  B2B Payments

As proof that FinTech sandboxes are going global, Kuwait has become the latest player in the Middle East to debut a framework. Elsewhere, a Kenyan...

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High Revenues, Low Margins An Opportunity In X-Border Corporate Payments
High Revenues, Low Margins An Opportunity In X-Border Corporate Payments
November 27, 2018  |  B2B Payments

Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. Get the...

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Citi Payment Insights Expands To 70 Markets
Citi Payment Insights Expands To 70 Markets
November 21, 2018  |  Global Payments

Citi’s Treasury and Trade Solutions (TTS) announced that it has expanded its Citi Payment Insights offering to more than 20 new markets, making it available...

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PODCAST: Has Mobile Flattened The Payments World?
PODCAST: Has Mobile Flattened The Payments World?
November 20, 2018  |  Data Drivers

In what has been — historically speaking — the blink of an eye, mobile phones have gone from zero to nearly ubiquitous in a remarkably short time. Today, more than 5 billion people on...

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Visa Invests In India’s BillDesk
Visa Invests In India’s BillDesk
November 16, 2018  |  VISA

To deepen its commitment to digital payments in India, Visa has made a minority investment in bill and online payment platform BillDesk. The deal is still subject to...

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Wirecard Aims To Help Make Stuttgart ‘China Pay City;’ AlipayHK Notches QR Transit Payments Bid
Wirecard Aims To Help Make Stuttgart ‘China Pay City;’ AlipayHK Notches QR Transit Payments Bid
November 15, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard teaming up with Stuttgart-Marketing GmbH to create the...

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Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s...

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