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.

SWIFT gpi Makes Inroads Into Malaysia

SWIFT gpi Makes Inroads Into Malaysia
SWIFT gpi Makes Inroads Into Malaysia
September 27, 2018  |  B2B Payments

On the heels of the uptake of its global payments innovation initiative, SWIFT has said it is working with Malaysian banks. Elsewhere in the payments infrastructure...

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Western Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency Cards
Western Union Expands Banco Monex Alliance, Volopa Unveils Contactless Multi-Currency Cards
September 24, 2018  |  Global Payments

Welcome to The Axis, your look at payments news from around the world. Coverage includes the expansion of the alliance between Western Union Business Solutions and...

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PPRO, Credorax Pair On Alt Payment Methods Abroad
PPRO, Credorax Pair On Alt Payment Methods Abroad
September 20, 2018  |  Payment Methods

PPRO Group, a U.K. cross-border ePayment provider, announced a partnership with Credorax to boost its Alternative Payment Methods (APMs) offerings throughout Europe. Get the Full Story...

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PNC Joins RippleNet For X-Border Payments
PNC Joins RippleNet For X-Border Payments
September 19, 2018  |  B2B Payments

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. 19). Get the Full Story Complete the form to...

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From Startup To Global Payments Giant: Visa Turns 60
From Startup To Global Payments Giant: Visa Turns 60
September 18, 2018  |  VISA

Sixty years ago today (Sept. 18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. Get the...

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OP Financial Pilots Facial Recognition Tech; DOCOMO Digital Partners With Vodacom In Tanzania
OP Financial Pilots Facial Recognition Tech; DOCOMO Digital Partners With Vodacom In Tanzania
September 13, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Finland-based OP Financial Group’s facial recognition payments pilot. In addition, DOCOMO...

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Western Union App Launches In Mexico
Western Union App Launches In Mexico
September 12, 2018  |  Mobile Applications

Western Union, the cross-border and cross-currency money movement company, announced on Wednesday (Sept. 12) that it has launched the Western Union App with omnichannel options...

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Island Pay Plans Contactless Rollout In The Bahamas; UnionPay Brings App To Hong Kong And Macau
Island Pay Plans Contactless Rollout In The Bahamas; UnionPay Brings App To Hong Kong And...
September 11, 2018  |  Global Payments

Welcome to The Axis, your look at payments news from around the world. Coverage includes Island Pay’s contactless payments rollout in the Bahamas. In other...

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IBM, SWIFT Make News In Cross-Border Initiatives
IBM, SWIFT Make News In Cross-Border Initiatives
September 06, 2018  |  B2B Payments

Beyond cryptocurrencies, blockchain is making wakes as a conduit for transactions. China may be in the news amid crackdowns on trading. And there are a...

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