Cross Border Commerce

Cross Border Commerce
Local Payments, Platforms Key to Keeping Asian Consumers Spending on Luxury Brands
August 29, 2022

The rise of eCommerce — and specifically, preferred payment methods — is a lifeline for luxury brands, for the marquee names that, in large part, depend on cross-border spending to keep top lines robust. That’s especially true for those companies seeking to maintain the loyalties...

Cross-border Payments
Indian Consumers Seek Relief From Cross-Border Education, Travel Payments Friction
August 29, 2022

The great reopening is upon us: Travel is surging, airports are crowded and railways are congested. Cross-border travel is seeing a snapback. Students are going back to school in person, shaking off the confines of virtual classrooms, and international students are finding their way into...

Cross-border Payments
Australia’s Heritage Bank Debuts Cross-Border Payments
August 24, 2022

Customers of Australia-based Heritage Bank will be able to more easily send and receive money from overseas as a new online international payment service from money transfer company Convera has rolled out, Heritage Bank said in a news release. This will see Heritage offering a...

Cross-border Payments
Voice of the CFO: Rebuilding Legacy Systems to Scale Cross-Border Payments
August 22, 2022

Mark Himelfarb is the chief financial officer of Accolite Digital, a generalist digital transformation services provider, and has been with the firm for 15 months. When he started, his marching orders were to standardize disparate systems across lines of business and international operation borders to...

Cross Border Commerce
An Insider’s View of S. Korea’s $92B eCommerce Market
August 19, 2022

  South Korea is a titan in the world economy, exploring the cutting edge of technology, finance, automotive and retail through household brands like Samsung, LG and Hyundai. Its eCommerce market, in particular, is a world leader, clocking in as the sixth largest in the...

Cross-border Payments
Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
August 16, 2022

The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). In that model, they’re eschewing third-party wholesalers or relying on local merchants to make inroads into new markets and new countries. Levi’s has been accelerating...

Cross-border Payments
Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
August 16, 2022

An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food and healthcare. This is why, according to Jose Ivars-Lopez, Ria’s U.K. and Ireland country manager, helping migrants to send money...

Cross Border Commerce
Klasha Adds Former PayPal Executive to Help Transform African Commerce
August 12, 2022

Klasha has appointed former PayPal executive Ayman Jawhar CPO, saying his experience will help the company scale its B2B and B2C products for cross-border African commerce. Jawhar joins the San Francisco and Lagos, Nigeria-based technology company with 15 years of experience at PayPal, Miro, Prodigy...

Cross Border Commerce
PYMNTS Intelligence: Meeting the Challenges of the South Korean eCommerce Market
August 03, 2022

South Korea has always been on the cutting edge of technology, giving rise to firms that have become household names such as Hyundai, LG and Samsung. These corporate giants are helping to usher in a high-tech future for the country, with everything from food delivery to...