Cross-border Payments

Cross-border Payments
Fines for Breaches of EU Privacy Law Reach Nearly $1.2B
January 18, 2022

The European Union General Data Protection Regulation (GDPR) law is taking a financial toll on Big Tech as fines have soared nearly sevenfold in the past year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
China’s 5-Year Plan Focuses on Building a Digital Economy
January 18, 2022

Not to be left behind in the race to digitize its economy, China has issued its latest five-year plan to promote its development, the General Office of the State Council announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
GiftBasketsOverseas on the Challenges of Global Payment Acceptance for Localized Shopping Experiences
January 18, 2022

Many consumers still aren’t traveling internationally, but they’re still browsing global merchants for unique gifts. In the Cross-Border Retail Payments Tracker, GiftBasketsOverseas CEO Dmitriy Peregudov gives a firsthand account of the importance of offering localized payment options that go beyond credit cards when serving customers...

Cross-border Payments
Digital River’s Global Expansion Targets Cross Border Payments Complexity for Enterprise Merchants
January 18, 2022

Increasingly, firms want to sell into new geographies to gain global scale. No easy task, noted Digital River’s Michael French, VP of Partnerships and Alliances, who explains how the company’s new expansion of cross-border capabilities for its enterprise client base seeks to remove complexities of...

Cross-border Payments
B2B Online Marketplace Grovara Debuts Pallet-Builder Tool for Orders
January 17, 2022

B2B marketplace Grovara debuted the first digital Pallet-Builder for food and beverage exporting on Monday (Jan. 17), with a press release saying that the platform lets international buyers place orders and save time. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
EMEA Daily: Amazon UK Changes Course, Decides to Accept Visa After All; UK’s FCA Issued...
January 17, 2022

In today’s top Europe, Middle East and Africa news, Amazon U.K. is changing course and has decided to accept Visa after all, and the U.K.’s Financial Conduct Authority issued $775 million in fines last year. Get the Full Story Complete the form to unlock this...

Cross-border Payments
Blender Buys a Lithuanian Credit Union for $5.8M, Eyes Digital Bank Status
January 17, 2022

Over the weekend, Blender, the Netherlands-based FinTech, announced it had purchased Lithuanian credit union (CU) for NIS 18 million ($5.8 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
UK’s FCA Issued $775M in Fines in 2021
January 17, 2022

A rise in financial crime fueled by the pandemic led the U.K.’s Financial Conduct Authority (FCA) to issue 568 million British pounds (about $775 million) in fines last year, according to a Monday (Jan. 17) press release emailed to PYMNTS. Get the Full Story Complete...

Cross-border Payments
Localized Payments Are the Gift That Keeps on Giving for Global Merchants
January 17, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...