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.

This Week in Web3: Crypto Policies and American Innovation
This Week in Web3: Crypto Policies and American Innovation
November 06, 2024  |  Blockchain

The U.S. marketplace will likely become more cryptocurrency-friendly with industry-backed lawmakers winning in Congress and the White House this election cycle. Many crypto community experts...

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Global Push for Real-Time Payments: EU, Brazil and South Africa Lead the Way
Global Push for Real-Time Payments: EU, Brazil and South Africa Lead the Way
November 06, 2024  |  Real-Time Payments

Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments,...

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Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
October 31, 2024  |  Mastercard

Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts...

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DailyPay Expands Visa Relationship to Offer International Remittances
DailyPay Expands Visa Relationship to Offer International Remittances
October 28, 2024  |  International

DailyPay added an international remittance feature to its platform. The new addition is powered by the financial technology solution ReadyRemit by Brightwell and Visa Direct....

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Account Verification Becomes Critical Factor in Cross-Border Payments
Account Verification Becomes Critical Factor in Cross-Border Payments
October 28, 2024  |  Cross-border Payments

Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and...

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Putin: No Plans to Create BRICS Cross-Border Payments System
Putin: No Plans to Create BRICS Cross-Border Payments System
October 25, 2024  |  Cross-border Payments

Russian President Vladimir Putin reportedly said Thursday (Oct. 24) that there are no plans to create a new system for cross-border payments between BRICS countries....

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Global Growth and Painless Payments Headline This Week in B2B
Global Growth and Painless Payments Headline This Week in B2B
October 24, 2024  |  B2B Payments

As the monthlong B2B Payments: Outlook 2030 event has revealed, the future of B2B payments is fast, global and all about innovation. Still, uncertainty remains...

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Global Payments to Offer US Merchants Fastlane by PayPal Checkout
Global Payments to Offer US Merchants Fastlane by PayPal Checkout
October 23, 2024  |  Checkout Conversion

Payments technology company Global Payments will offer its U.S. merchants the Fastlane by PayPal checkout experience. The new offering marks an expanded collaboration between Global...

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Partner-Bank POV: Why Third-Party Risk Standards Power Cross-Border Payments
Partner-Bank POV: Why Third-Party Risk Standards Power Cross-Border Payments
October 22, 2024  |  Cross-border Payments

Big Tech defined an era of innovation by moving fast and breaking things. However, while speed is great for money movement, breaking things can be...

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