Cross Border Commerce

Cross-border Payments
GlobeTopper Partners With Knox Wire on B2B Cross-Border Payouts
November 27, 2022

B2B gift card concierge firm GlobeTopper has launched a partnership with payment processor Knox Wire to power instant cross-border payouts. Orchestrated by Zed Network, the collaboration will facilitate same-day payouts in more than 190 countries for GlobeTopper, according to a Saturday (Nov. 26) news release....

Cross-border Payments
26% of UK, US Firms Significantly Increase X-Border Workforce Despite Challenges
November 15, 2022

The challenges that come with hiring internationally could easily deter organizations from tapping into the worldwide talent pool. But according to a recent study on challenges in international workforce payment and management, firms engaged in cross-border hiring are not backing down easily. Get the report:...

Cross-border Payments
Remittance Firms Jostle for Dominance in Competitive UK-Nigeria Corridor
November 14, 2022

Nigerians living in the U.K., — approximately 178,000 as of last year per the Office for National Statistics — have consistently ranked among the top 10 migrant communities in the country, making them an attractive customer base for firms operating in the competitive U.K.-Nigeria remittance...

Cross-border Payments
80% of Firms Hiring Overseas Workers Run Into Payday Roadblocks
November 11, 2022

With more companies seeking talent in geographies other than their home turf, the challenges of paying those overseas contractors can seem daunting, but purpose-built platforms are taking the friction out and getting people paid with less cost and greater speed. Analyzing this in Meeting The...

Cross Border Commerce
Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
November 10, 2022

Winter gifting holidays are as important in Latin America as anywhere, and online retailers want to tap that potential not just to bolster 2022 receipts but to develop future markets now. Speaking with PYMNTS, Mike Goodenough, global head of e-retail at Worldline, said the doom and gloom...

Cross-border Payments
Nigerian Money App Kuda Launches in UK
November 09, 2022

The Nigerian money app Kuda, announced Wednesday (Nov. 9) that it is launching in the U.K. as part of a global expansion drive with a view to serving the cross-border transfer needs of U.K.-based Nigerians. The company said it will charge a flat fee of...

Cross-border Payments
Employers Extend Payroll Benefits to Cheaper Financial Services for Workers
November 09, 2022

With more and more companies hiring remotely and employing workers located in areas under different local laws and anti-money laundering regulations, processing international payroll payments has become more complex in recent years. This has made the role of last-mile partners critical, according to Eynat Guez,...

Cross Border Commerce
N. Ireland Protocol Resolution Holds Promise for FinTech, Investment Growth
November 08, 2022

Having ousted its previous prime minister and navigating through an economic crisis, the U.K. has renewed negotiations with Brussels on a range of topics, with new leader Rishi Sunak meeting with European Commission President Ursula von der Leyen during the COP27 summit in Egypt earlier...

Cross Border Commerce
Payment Orchestration Proves Critical to Cross-Border Sales Success
November 08, 2022

As more and more merchants seek expansion into markets abroad in search of new consumers willing to buy, they’re also apt to find a few other things waiting for them in foreign lands, namely, a raft of currency and cultural differences and the challenge of...