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B2B Payments Market Size to Surpass USD 3,795.34 Billion Growth by 2032, Exhibit a CAGR of 9.38% | Expansion of International Trade

The Brainy Insights estimates that the USD 1,548.36 Billion in 2022 B2B payments market will reach USD 3,795.34 Billion by 2032. Rapid automation and digitalization increased international trade, and corporate sector expansion strategies have all contributed to the growth of the global B2B payments market. The increase in cross-border transactions involving more suppliers, retailers, and businesses also contributed to market growth.

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BNPL, cards and wallets: the technology that connects the dots

BNPL (Buy Now, Pay Later) wallets are no longer positioned as an invincible challenge to international card schemes. Even the most successful BNPL app providers have opted to collaborate with supposed rivals. Afterpay, for instance, has introduced the Afterpay Plus card, a contactless Mastercard product, and Klarna extended its popular “Pay in 4” service into a physical Visa card format.

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DTCC, Clearstream and Euroclear Call for More Industry Collaboration to Advance Digital Asset Ecosystem

Today, three of the world’s largest financial market infrastructures (FMIs) – DTCC, Clearstream, and Euroclear – released a paper on the state of the industry’s digital asset evolution. The paper calls for increased collaboration to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment, limited integrations with institutional-grade payment rails and siloed liquidity – all limiting factors to

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Global non-cash transaction volumes set to reach 1.3 trillion in 2023

The Capgemini Research Institute’s 2023 World Payments Report, published today, reveals non-cash transaction volumes will reach 1.3 trillion by 2023 globally. As consumers and businesses adopt new digital payment schemes, the report suggests this growth will accelerate to 2.3 trillion by 2027 growing at a rate of 15% annually. At a regional level, digital payments will grow by 19.8% across

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Quadient Partners with REPAY to Deliver Exceptional Payment Experiences with Accounts Payable Automation Solution

Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces a technology partnership with Atlanta-based Repay Holdings Corporation (NASDAQ: RPAY)(“REPAY”), a leading provider of vertically-integrated payment solutions, to enhance the payment experience within Quadient’s cloud-based accounts payable (AP) automation solution. REPAY serves multiple Business Payments verticals in North America, including retail

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VizyPay and Clear Lake Bank & Trust Level-Up Small Businesses with Collaborative Partnership

VizyPay, a payment processing fintech that serves small businesses in rural America, announces its strategic partnership with Clear Lake Bank & Trust. Unified by a shared mission to uplift small businesses, this partnership will provide Clear Lake Bank & Trust customers access to VizyPay’s cost-effective and user-friendly payment technologies. Through this relationship, Clear Lake Bank & Trust’s small business customers

E-Invoicing Exchange Summit Europe: ViDA and the Major Industry Trends, Challenges and Opportunities

European Commission’s VAT in the Digital Age (ViDA) proposal and its effects on how to issue, exchange, process E-Invoices, and on how to report VAT data will be at the centre of discussions at the E-Invoicing Exchange Summit in Dublin from October 2 to 4, 2023. The presentations and the discussions with international high-level experts will shed light on how

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BlackLine Delivers Industry’s First Five-Day Fast Track Implementation

Breaking industry barriers again, accounting automation software leader BlackLine, Inc. (Nasdaq: BL) announced a five-day implementation for midsize companies. With BlackLine 5-Day Fast Track, new customers can ‘Go live in 5’ and be up and running on BlackLine’s market-leading financial close management platform in time for their next month-end close. Midsize organizations often don’t have the time or resources to

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Ximedes acquires payment solutions provider Ginger as a next step in its ambition to become a top European fintech player

Ximedes, a European software firm active in the field of fin- and faretech with offices across the continent (Haarlem, Hamburg, Stockholm and Novi Sad) announces its acquisition of Ginger, the leading Amsterdam-based online payment platform provider. Ximedes, established in1998, builds bespoke software, focusing on Open Banking and Open Public Transport systems. In the past few years, Ximedes has done a

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Swiss Payment Forum 2023: From Innovation to Security to Sustainability

On November 13 and 14, 2023, the Swiss financial service industry will meet at the Swiss Payment Forum in Zurich to discuss the latest developments in finance and payments. The growing presence of Embedded Finance, the integration of financial services into the customer journey by third-party providers, opens an enormous growth market. Embedded Finance offers multiple opportunities to include financial

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AppTech Payments Corp. Patent Licensee PayToMe.co Wins Bronze Stevie® Award in 2023 International Business Awards®

AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering seamless commerce between business and consumers, today announced the Company’s patent licensee PayToMe.co was named the winner of a Bronze Stevie® Award in the 20th Annual International Business Awards® (IBA), alongside global powerhouses like Amazon and IBM (US), TELUS (Canada), Turkcell (Turkey), and Rakuten (Japan). PayToMe.co won the “Tech Startup

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Global Payment Processing Solutions Market Size to Reach USD 150.21 Billion in 2030 | Emergen Research

The global market for payment processing solutions achieved a size of approximately USD 46.81 Billion in the year 2021. Forecasts from Emergen Research project a robust compound annual growth rate (CAGR) of 13.9% in revenue throughout the projected period. This analysis underscores the significant momentum in the market, attributed primarily to the escalating adoption of mobile payment applications. Mobile wallets,