cross-border commerce

Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
Puma Sales Drop As Argentina’s Peso Takes Abrupt Dive 
January 25, 2024  |  Retail

Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024.  “For 2024, we foresee the geopolitical and macroeconomic challenges as well...

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World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize
Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize
December 13, 2023  |  Regulation

Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. As...

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Swift Completes Successful Test of Global Trade Interoperability Solution
Swift Completes Successful Test of Global Trade Interoperability Solution
December 11, 2023  |  Cross Border Commerce

Swift has successfully tested a global trade interoperability solution in collaboration with BNY Mellon, Deutsche Bank and four electronic bills of lading (eBL) platforms. This solution has the...

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Liquidity Management Key to Taming FX Volatility in Emerging Markets
Liquidity Management Key to Taming FX Volatility in Emerging Markets
November 20, 2023  |  Cross-border Payments

Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16...

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Mangopay and VTEX Team to Boost Global Marketplaces
Mangopay and VTEX Team to Boost Global Marketplaces
September 26, 2023  |  Digital Payments

Payment infrastructure provider Mangopay has launched a partnership with digital commerce platform VTEX. The collaboration is designed to give marketplace operators a single pay-in and pay-out solution and...

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Worldline Debuts Consultancy Service for eCommerce Clients
Worldline Debuts Consultancy Service for eCommerce Clients
September 26, 2023  |  eCommerce

Worldline has launched a consultancy service to help its eCommerce clients gain revenue and improve payment operations. The service, announced Tuesday (Sept. 26), is designed to help businesses...

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Truist and Standard Chartered Join Forces on Trade Finance
Truist and Standard Chartered Join Forces on Trade Finance
September 20, 2023  |  Cross Border Commerce

International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in...

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Payments Tech Helps Online Sellers Go Global, Play Like Locals
Payments Tech Helps Online Sellers Go Global, Play Like Locals
August 02, 2023  |  Cross-border Payments

The digital, connected economy knows no borders. The movement of money, however, is increasingly aware of them. Whether a company is already transacting internationally, or...

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