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Anticipating B2B Payments Evolution With B2C Payments Trends

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According to Viewpost CEO Max Eliscu, B2B payments often follows in the same footsteps as B2C. The future of the payments industry is highly dependent on leveraging innovation like biometrics, data integration and a growing variety of payment methods to securely drive more volume with visibility, speed and simplicity.”.

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Faster Payments’ Impact On India’s 100M Migrant Workers

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Additionally, an account-to-account transaction can become seriously derailed by an error like an incorrect bank account number. The company is now leveraging Ripple ’s technology in an effort to provide streamlined remittances at a lower price. Find the rest of the latest headlines in the Tracker.

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PayPal Will Buy Hyperwallet In $400 Million Deal

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Marketplace sales accounted for 50 percent of all online sales in 2017, according to an estimate provided by PayPal. PayPal said on Tuesday (June 19) that it will buy payments payout platform Hyperwallet for $400 million in cash. The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement.

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Western Union CEO: Speedpay Sale Speeds Way To X-Border Payments Growth

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bill payments accounted for 15 billion transactions last year — and is growing at mid-single-digit percentage rates. Through the last several years, Ersek noted, he has focused Western Union on creating a cross-border platform that enables cross-currency transactions. The Details So Far. The market is a large one — as in U.S.

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Citi On Simplifying Cross-Border Payments

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Amit Agarwal, global head of cross-border payments at Citi , told Karen Webster in the latest installment of the “What Treasurers Need to Know” podcast series that the world is becoming flatter and supply chains are getting longer, stretching across borders and currencies.

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Western Union Talks Strategy, Financial Forecast With Investors

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“Going forward, we expect to drive additional profitable growth for shareholders and more value to customers through new products, expanded service offerings and partnerships that leverage our industry-leading capabilities, powered by a unique cross-border platform of unmatched global scale.”. The company announced on Monday (Sept.

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Western Union Enables Real-Time Account-To-Account X-Border Payments For Banks, Digital Wallets

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Today, Western Union announces that it has expanded its real-time global payments capabilities to include real-time account-to-account transfers to an account or a mobile wallet for select banks or digital wallet providers in 17 countries. The recipient gets the money nearly instantly — and we settle with the banks overnight.”.