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.

Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
December 28, 2020  |  Cryptocurrency

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Get the Full Story Complete the...

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BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally
BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally
December 23, 2020  |  B2B Payments

Seamless payments are key to cross-border payments, but not when the order-to-cash cycle are still paper-based, says Nick Shaffer, CEO of online B2B marketplace BoxFox....

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Piecemeal Order-To-Cash Innovation Won’t Cut It For Cross-Border Commerce
Piecemeal Order-To-Cash Innovation Won’t Cut It For Cross-Border Commerce
December 22, 2020  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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PayPal’s Xoom Adds Real-Time Payments For Remittances To India
PayPal’s Xoom Adds Real-Time Payments For Remittances To India
December 21, 2020  |  Global Payments

PayPal‘s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to a press...

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Today In Payments: Rent-A-Center Acquires Acima; FIS, Global Payments Eyed Merger
Today In Payments: Rent-A-Center Acquires Acima; FIS, Global Payments Eyed Merger
December 21, 2020  |  News

In today’s top news, Rent-A-Center acquires Acima, FIS and Global Payments discussed a merger and the U.S. Senate reached a deal for a new stimulus...

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FIS, Global Payments Eyed Merger, But Talk Broke Down, Report Says
FIS, Global Payments Eyed Merger, But Talk Broke Down, Report Says
December 20, 2020  |  Partnerships / Acquisitions

Fidelity National Information Services (FIS) and Global Payments were in talks to merge in a $70 billion deal, but it didn’t end up happening, according...

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Today In Payments Around The World: Chase, Air Canada, Mastercard Team On Credit Card; Mexican Regulator Green-Lights Uber’s Cornershop Buy
Today In Payments Around The World: Chase, Air Canada, Mastercard Team On Credit Card; Mexican...
December 14, 2020  |  International

In today’s top payments news around the world, Chase Bank and Mastercard have joined forces with Air Canada to debut the airline’s Aeroplan credit card...

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Alibaba On Facilitating Cross-Border Trust To Boost International Commerce
Alibaba On Facilitating Cross-Border Trust To Boost International Commerce
December 02, 2020  |  Back-office

SMBs are going global as they look across borders for new business, but they must convince prospective buyers that transacting with them will be easy...

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Cutting Through The Cross-Border Payments Confusion
Cutting Through The Cross-Border Payments Confusion
December 01, 2020  |  Payments Innovation

The world doesn’t lack for stories about cross-border payments gone wrong. As North Lane Technologies CEO Seth Brennan told Karen Webster in a recent conversation,...

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