If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services, eCommerce and digital platforms, companies looking to navigate the complex landscape of data privacy, financial regulations and cybersecurity, are finding...
Mitigating risk by controlling the controllable is increasingly top of mind for global, enterprise businesses. And with the news Friday (Sept. 13) that the White House is considering closing a rule that allows foreign eCommerce giants, such as Shein and Temu, to ship direct to U.S. consumers without duties or...
Cross-border trade payments platform XTransfer has joined forces with payments firm EBANX. The partnership, announced Tuesday (July 23), is designed to streamline B2B payments in Latin America. “This collaboration will empower XTransfer’s clients — small and medium-sized enterprises (SMEs) worldwide working with imports and exports — to navigate LatAm’s digital...
Alibaba.com has launched a new service in which it does more of the legwork involved in cross-border trade. For products sourced through Alibaba Guaranteed, which was officially launched Thursday (June 6), the global B2B eCommerce platform fulfills the orders itself and handles finance, the company...
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 bringing the two together. According to PayU Global Payments Chief […]
October 17, 2022
Unlocking potential in the burgeoning market for luxury goods in the Asia-Pacific region isn’t a job for payments lightweights. It’s serious business with major challenges. During a recent PYMNTS panel...
October 13, 2022
With merchants and brands battling falling sales, cross-border expansion into high-growth markets is a strategy for steadying the ship, but it’s tough going if you don’t know the local payment...
September 15, 2022
When PYMNTS speaks to business insiders, especially entrepreneurs looking to grow their companies, they consistently cite finding the right talent as among their top priorities. They also frequently list the...
October 21, 2024
The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have formed an agreement for correspondent bank network bank connectivity for international trade, they said in a Sunday (Oct. 20) press release. This collaboration will leverage both institutions’ expanded trade network […]
July 23, 2024
Cross-border trade payments platform XTransfer has joined forces with payments firm EBANX. The partnership, announced Tuesday (July 23), is designed to streamline B2B payments in Latin America. “This collaboration will empower XTransfer’s clients — small...
June 06, 2024
Alibaba.com has launched a new service in which it does more of the legwork involved in cross-border trade. For products sourced through Alibaba Guaranteed, which was officially launched Thursday (June...
January 08, 2024
Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers with sellers worldwide to reinforce...
