It’s widely accepted that a chain is only as strong as its weakest link – and based on the past few weeks, it appears some global supply chain links are in need of improvement. The escalating trade war between the U.S. and China is one...
A chain is only as strong as its weakest link, and the global supply chain is no exception. Companies worldwide engaged in cross-border trade are quickly learning how disruptions from the escalating trade war can cause a logistical domino effect, impacting global deliveries and causing...
Every year for the last four, PayPal has released it Cross-Border Consumer Research report, an annual report card on marketplaces’ progress and a snapshot on the where, why and how of international commerce. It’s always an interesting reading because the digital era of payments has...
Change typically brings confusion and some level of chaos, and that’s true for merchants trying to win over foreign shoppers and master cross-border payments — achievements that can provide a revenue edge as eCommerce continues to grow across the world. And digital technology’s ongoing work...
Corporates now demand cross-border payments solutions that do more than move money from point A to point B. This month’s edition of the Global Payments Architecture Report takes a deep dive into the impact of B2B payment solutions on different verticals. This includes insight from...
For businesses looking to expand their ventures in global markets, cross-border payment frictions can vary from delivering international payments on time in the correct amount to delivering them in the recipient’s preferred currency. Could new B2B payment solutions, such as corporate and virtual payment cards,...
AlipayHK and GCash announced Monday (June 25) the launch of a cross-border remittance service via their e-wallet platforms that is powered by blockchain technology developed by Alipay. In a press release, the companies said it marks the first blockchain-based cross-border digital wallet remittance service globally...
A new deal involving SWIFT and 10 Chinese banks represents the latest move in the global competition to facilitate cross-border payments. In a statement, the payments messaging company said the financial institutions (FIs) “have gone live” with the SWIFT Global Payments Innovation (GPI) initiative. Launched...
The market for Chinese consumers in search of education and medical care in the United States and around the world is large – and growing. China is the world’s leading supplier of international students studying around the world. According to the United Nations Educational, Scientific...
