Cross-border Payments

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...

Cross-border Payments
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more than 40 currencies, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
PBOC Puts Limits on Commercial Financing
January 14, 2022

The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management for the use of commercial bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
EMEA Daily: London BNPL FinTech Zilch Launches in Europe, Kenyan BNPL Startup Lipa Later Raises...
January 13, 2022

In today’s top Europe, Middle East and Africa news, the London-based buy now, pay later (BNPL) FinTech Zilch has launched in Europe, and the Kenyan BNPL startup Lipa Later has raised $12 million. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and piloting a successful beta launch in November 2020. Get the Full Story Complete the form to unlock this article...