eCommerce firms clearly are looking to expand their businesses across borders in a turbulent world. Geopolitical tensions, including the ongoing war in Ukraine, create supply chain disruptions. Ongoing supply chain constraints because of demand exceeding supply are stubbornly persistent even as business hedges its bets...
The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and experts warning that the pandemic could reduce global trade by anywhere from 13 to 32 percent. The pandemic has caused...
As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. Purchase, invoice and transaction data are invaluable to the journey of digitization...
Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. Not only do regulations vary from jurisdiction...
May 19, 2020
The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and experts warning that the pandemic could reduce global trade by anywhere from 13 to 32 percent. The pandemic has caused a global economic downturn leaving consumers and businesses under significant […]
March 01, 2017
In recent years, cross-border movement of everything from people to money has increased exponentially, leaving banks in a tough spot when processing multicurrency payments for businesses. Mike Laven, CEO of...
August 25, 2022
Lumachain has raised $19.5 million in Series A funding to accelerate the global rollout of its computer-vision based artificial intelligence (AI) platform for meat and food processing plants. The platform is designed to help solve the global meat industry’s challenges around plant operations, supply chain, worker shortages and limited technology options, according to a Thursday […]
February 20, 2017
The process of identification is one that identifies friend or foe and one that builds trust. In commerce, that process extends to ensure that the transaction has a good chance...
October 21, 2015
Continuing on its globalization strategy, Alibaba has grown its footprint in Europe. The eCommerce giant announced yesterday (Oct. 20) that the European expansion is part of its overall goal to...
August 26, 2014
PayPal’s new PassPort global portal is designed to connect local merchants with customers around the world—and it’s especially applicable to back-to-school retailing, according to Payment Week. Case in point: A...
