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.

More Than Half of US Companies Use Real-Time Payments

More Than Half of US Companies Use Real-Time Payments
More Than Half of US Companies Use Real-Time Payments
December 20, 2024  |  Real-Time Payments

Instant payments continue their global sweep, with expanding RTP® network capabilities from The Clearing House in the United States, Australia simplifying cross-border transfers and Hungary...

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AstroPay Debuts Multicurrency Wallet for Cross-Border Payments
AstroPay Debuts Multicurrency Wallet for Cross-Border Payments
December 17, 2024  |  Cross-border Payments

Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?
More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?
December 13, 2024  |  Bank Regulation

The benefits of standardized data formats and exchanges in financial services are myriad. Get the Full Story Complete the form to unlock this article and...

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Currency Matching Innovations Unlock Competitive Advantages in Cross-Border B2B Payments
Currency Matching Innovations Unlock Competitive Advantages in Cross-Border B2B Payments
December 12, 2024  |  Cross-border Payments

In cross-border payments, getting paid isn’t just a matter of when — it’s a matter of how. Get the Full Story Complete the form to...

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Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
December 11, 2024  |  SMBs

Global financial platform Loop launched a corporate credit card solution for Canadian small- to medium-sized businesses (SMBs) that manage cross-border purchasing. Get the Full Story...

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Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. Get the Full Story Complete the form to unlock this...

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Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

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The Secret to High Global Conversion Rates? Understanding Local Payments
The Secret to High Global Conversion Rates? Understanding Local Payments
December 06, 2024  |  Payment Methods

Consumers decide which payment methods are successful and drive market trends. Regardless of the market, the use case or their locations, their preferred payment methods...

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Update: Real-Time Payments Reach New Milestones Across the US and Beyond
Update: Real-Time Payments Reach New Milestones Across the US and Beyond
December 06, 2024  |  Real-Time Payments

Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new...

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