Cross-border commerce has become central to the success of countless United States and United Kingdom businesses, many of which are looking abroad for new growth opportunities. PYMNTS’ latest research shows that cross-border sales make up 26 percent of the total annual average for U.S. and...
Going global is no longer a nice-to-have for online merchants; it really is a must for those who hope to grow their brand and remain competitive in the eCommerce space. As is so often the case, merchants must follow their customers’ lead – and customers...
eCommerce in Latin America is now an $80 billion business — and with that comes the pain of paying suppliers cross border. APIs are helping to automate delivery and speed of payment in the Latin America market, says Kevin Fox, vice president at NovoPayment,in the latest issue of the latest B2B API Tracker. This month’s...
From China to Italy and from India to Colombia, companies around the world are investing in new B2B payments solutions. And they are doing so through open source APIs that drive efficiency, help cut down payments friction and reduce transaction times. In the February B2B...
December 09, 2024
Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving front-end interactions, where the lower-end value transactions (defined as payments below the $100,000 threshold) is worth as much as $12 million. Andy Elliott, vice president […]
March 08, 2018
Going global is no longer a nice-to-have for online merchants; it really is a must for those who hope to grow their brand and remain competitive in the eCommerce space....
April 07, 2016
A FinTech startup is aiming to break down the banking borders between countries in Europe. TechCrunch reports that Berlin-based Raisin (formerly known as SavingGlobal) has launched a pan-European savings marketplace, marking the company’s first-ever expansion beyond Germany and Austria. Raisin’s cross-border venture, notes the outlet, stands poised to leverage the fact that banking regulations are […]
