The rise of global commerce between enterprises, always on in a 24/7 world across time zones and currencies, shows that cross-border payments need a (digital) makeover. Depending on the vertical (technology stands out as an example), supply chains are comprised of many links that stretch...
Digital businesses have experienced some pandemic-influenced gains within the 15 months since March 2020, and the global rise in consumer demand for digital commerce shows no signs of slowing. eCommerce sales are projected to grow 18 percent in 2021, on track to account for more...
Countless international growth opportunities for eCommerce businesses have cropped up in the past 16 months. Consumers around the world have begun shopping and paying online more than ever, taking advantage of the internet to have round-the-clock, instant access to millions of retailers both near and...
The international eCommerce space has flourished since March 2020. Consumers around the globe have been shifting to shopping and transacting online, giving eTailers all-new opportunities to expand into fresh markets to meet their growing demand for digital commerce experiences. Capitalizing on these new opportunities requires...
In an age of stock market debuts across various verticals and listing types, Wise (formerly TransferWise) stands out across the Pond. The $11 billion money movement firm has debuted on the London Stock Exchange this week with a direct listing — which, according to Reuters,...
For a lot of firms, the pandemic was an excuse to hit the pause button on building out their cross-border payment ambitions. It didn’t stop them entirely, Limonetik CEO Christophe Bourbier told Karen Webster, but it did deprioritize them in light of the fact that...
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by financial institutions in exchange for taking the credit risk and handling these transactions. Visa and Mastercard have delayed more than...
Fiserv and Deutsche Bank are working together on a joint venture to provide payment acceptance and banking offerings to small and medium-sized businesses (SMBs) in Germany – pending regulatory approval, according to a Monday (June 21) announcement. The effort will assist SMB customers with adapting...
Whether it is a multinational making payments to strategic suppliers or a business making payments to gig workers, the globalization of trade, and the massive shift to digital over the last 18 months have amplified the need to streamline the way that money moves between...
