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.

Real-Time Payments Reach Key Milestones in the US, Switzerland and Australia
Real-Time Payments Reach Key Milestones in the US, Switzerland and Australia
September 06, 2024  |  Real-Time Payments

Real-time payments continue their rapid global expansion, with banks and governments updating existing systems and introducing new ones for their citizens and customers. Australia is...

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This Week in B2B: Partnerships, Payments and Process Improvements
This Week in B2B: Partnerships, Payments and Process Improvements
September 05, 2024  |  B2B Payments

The future of B2B payments lies in automation, not administration. Given the B2B sector’s legacy of complex workflows, intricate data requirements and entrenched manual processes,...

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TerraPay President Says Cross-Border Payments Need Global Digital Wallet Network
TerraPay President Says Cross-Border Payments Need Global Digital Wallet Network
September 05, 2024  |  Mobile Wallets

In emerging markets, the digital wallet represents much more than a novel payment option. It is a digital passport to the digital world. And in...

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TerraPay Appoints Visa Veteran Ralph Koker as Global Head of Products
TerraPay Appoints Visa Veteran Ralph Koker as Global Head of Products
September 03, 2024  |  Personnel

Global money movement company TerraPay appointed Visa veteran Ralph Koker as global head of products. In his new role, Koker will refine TerraPay’s product strategy,...

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Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
August 30, 2024  |  Investments

Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments platform designed to simplify global money movement. The funding brings the...

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Visa and Crown Agents Bank Launch ‘Last-Mile’ Payments Partnership
Visa and Crown Agents Bank Launch ‘Last-Mile’ Payments Partnership
August 29, 2024  |  Partnerships

Visa and Crown Agents Bank (CAB) are targeting the “last mile” of the payments process. The two firms were already working together, with Visa relying...

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Stripe’s Cross-Border Payments Volume in Asia Grows 30%
Stripe’s Cross-Border Payments Volume in Asia Grows 30%
August 28, 2024  |  Cross-border Payments

Stripe saw its cross-border payments volume in Asia increase by over 30% last year. The payments company offered the update as part of Stripe Tour...

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Russia Rethinks Crypto Exchanges to Smooth Payments Obstacles
Russia Rethinks Crypto Exchanges to Smooth Payments Obstacles
August 26, 2024  |  Cryptocurrency

Russia is reportedly preparing to begin trials of cryptocurrency exchanges and cross-border crypto transactions. That’s according to a report Monday (Aug. 26) by Bloomberg News,...

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Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
August 26, 2024  |  Cryptocurrency

The cryptocurrency sector has long been in search of gateway use cases to accelerate adoption. News broke Friday (Aug. 23) that Wyoming is reportedly developing...

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