Global Payments news and trends

Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
B2B Payments // April 30, 2024

In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as relevant today, as businesses around the globe strive to find and capture opportunities against a backdrop defined by shifting macro...

Digital Wallets Provide Local Touch to Connected Travel Experiences
Mobile Wallets // April 29, 2024

Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from nine countries and regions. Among the eWallets and bank apps newly introduced to the city’s landscape are Hipay from Mongolia, Malaysia’s MyPB by Public Bank Berhad and Touch ’n...

Airwallex Expands Payment Acceptance Solution to US
Cross-border Payments // April 24, 2024

Airwallex has expanded its payment acceptance solution to the United States. With this service, U.S.-based merchants can accept payments from both domestic and international customers, and foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, the global financial platform said in a...

Standard Chartered and Visa Partner on Cross-Border B2B Payments
B2B Payments // April 23, 2024

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS....

Interviews & Exclusives
Boost CEO: Cleaning Up Manual Payments Drives Business Certainty

April 30, 2024
In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as relevant today, as businesses around the globe strive to find and capture opportunities against a backdrop defined by shifting macro and geopolitical uncertainties. Amid these marketplace fluctuations, businesses are turning […]

Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   

April 03, 2024
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...

Multicurrency Corporate Cards Help Safeguard Firms Against Losses in Volatile FX Market

January 25, 2024
Corporate card usage has surged in popularity, especially among small- to medium-sized businesses (SMBs) grappling with inflationary pressures and rising costs.  However, despite this trend, the traditional financial services sector...

Real-Time Payments Put Spotlight on Small Businesses as New Year Begins

January 09, 2024
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and...

Quick Reads
Airwallex and BILL Partner to Enable Faster International Payments

April 30, 2024
Airwallex and BILL partnered to help BILL customers make faster international payments. With this collaboration, BILL’s financial operations platform for small– to medium-sized businesses (SMBs) will add the local transfer capabilities of Airwallex’s global payments and financial platform, the companies said in a Tuesday (April 30) press release. “By adding Airwallex’s local transfer capabilities to our robust financial operations platform and flexible […]

Airwallex Expands Payment Acceptance Solution to US

April 24, 2024
Airwallex has expanded its payment acceptance solution to the United States. With this service, U.S.-based merchants can accept payments from both domestic and international customers, and foreign merchants with U.S. entities can provide...

Standard Chartered and Visa Partner on Cross-Border B2B Payments

April 23, 2024
Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner...

Airwallex Teams With Bird for Streamlined International Payments

April 22, 2024
Payments platform Airwallex has launched a partnership with global communications platform Bird, formerly known as MessageBird. The collaboration, announced Monday (April 22), is designed to power Bird’s international payments operations across the company’s customers’...