Cross-border Payments

Cross-border Payments
FCA Revokes Temporary Permissions Of 4 EU Firms Operating In The UK
January 18, 2022

The U.K.’s Financial Conduct Authority (FCA) has announced that European firms looking to remain in the temporary permissions regime (TPR) must meet the FCA’s standards to continue operating their businesses in the U.K. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Wellster Closes Series B at $60M, Will Launch FemTech Platform
January 18, 2022

Six months after a $40 million financing round, Wellster Healthtech Group has closed on a $20 million funding extension, the German startup announced on Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Korean eGrocer Kurly Expects $2.5B in GMV
January 18, 2022

As it prepares to go public, the South Korean eGrocer Kurly expects to reach $2.5 billion in gross merchandise value (GMV) after crossing the $1.6 billion (or 2 trillion won) threshold last year. Get the Full Story Complete the form to unlock this article and...

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...