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.
Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
July 11, 2018  |  Global Payments

Consumers in Sweden and Norway are more likely to take out a loan this summer than borrowers in Finland, according to a press release from Tieto....

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MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
July 10, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mobilink Microfinance Bank (MMBL) launching EMV-compliant cards in Pakistan. In...

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SEC Charges Heartland Ex-CEO With Insider Trading
SEC Charges Heartland Ex-CEO With Insider Trading
July 10, 2018  |  Security & Fraud

The U.S. Securities and Exchange Commission (SEC) announced on Tuesday (July 10) that it has charged the former chief executive of Heartland Payment Systems with...

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SEC Investigates Former Heartland CEO For Possible Insider Trading
SEC Investigates Former Heartland CEO For Possible Insider Trading
June 04, 2018  |  Legal

Federal investigators are looking into stock trades linked to the former CEO of the FinTech firm Heartland Payment Systems. According to The Wall Street Journal,...

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More Payment Platforms Mean More Headaches For B2B Sellers
More Payment Platforms Mean More Headaches For B2B Sellers
May 24, 2018  |  B2B Payments

Paper checks may be the No.1 way to pay suppliers in the U.S., but only by a slight majority. ACH, wire, virtual and physical cards,...

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Flywire CEO On The Global Receivables Tipping Point
Flywire CEO On The Global Receivables Tipping Point
May 21, 2018  |  Cross Border Commerce

International invoicing, Flywire’s Mike Massaro told Karen Webster in a recent conversation, is not easy work – though from the outset, it isn’t obvious just...

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Billtrust And Flywire Partner To Deliver End-To-End Cross-Border B2B Payments
Billtrust And Flywire Partner To Deliver End-To-End Cross-Border B2B Payments
May 03, 2018  |  B2B Payments

As more businesses go global —paying each other across borders — they’re learning that getting payments where they want them to go quickly, predictably, transparently...

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With Cross-Border Volumes Up 11 Pct, Visa Tops FY 2Q Views
With Cross-Border Volumes Up 11 Pct, Visa Tops FY 2Q Views
April 26, 2018  |  VISA

Visa logged double digit growth over several key areas, from overall transactions processed to cross-border volumes. Results topped estimates, and as management noted, debit remains...

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DBS Enables Real-Time Payments Tracking For SMBs
DBS Enables Real-Time Payments Tracking For SMBs
April 23, 2018  |  B2B Payments

Singapore bank DBS is introducing the ability for small businesses and larger corporates to track their cross-border payments in real time. Reports in Singapore Business...

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