Cross-border Payments

Cross-border Payments
Tencent Opens WeChat to Alibaba, Other Social Media Rivals 
November 29, 2021

Tencent Holdings Ltd. is opening its WeChat groups and will soon allow Alibaba’s Tmall and Taobao, among other social media rivals, to display their own external shopping site links, marking the slow removal of obstacles between Tencent and its Chinese rivals, Bloomberg reported Monday (Nov....

Cross-border Payments
European Banks Seek EU Exemptions to Access London Trading Markets
November 28, 2021

Banking groups in the Eurozone want access to the London derivatives trading market — a multi-trillion dollar market — and other major markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
UK Expands Financial Regulators’ Duties
November 28, 2021

The U.K. will be looking at making its regulators help boost growth and competition in finance, in addition to their other tasks, a Wall Street Journal (WSJ) report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Top International eCommerce Merchants Support 24 Currencies for Cross-Border Transactions
November 26, 2021

Payments localization is becoming more integral to cross-border eCommerce success as more merchants personalize checkouts for customers in different geographic locations. Supporting the right mix of currencies and payment options is becoming more paramount as merchants’ competitors add more of both. Get the Full Story...

Cross-border Payments
Deep Dive: Why Local Payment Methods Will Be Key to Cross-Border eCommerce Growth
November 25, 2021

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
Online Marketplace Jumia Taps Into African Consumers’ Appetite for Black Friday Deals
November 25, 2021

Black Friday might have started in the U.S., but the annual retail frenzy has exploded in popularity across the African region in recent years, with people flocking to take advantage of the best deals retailers have to offer. Get the Full Story Complete the form...

Cross-border Payments
EMEA Daily: UK Investing App Freetrade Surpasses Funding Goal by 800%, Sweden Calls on EU...
November 24, 2021

In today’s top Europe, Middle East and Africa news, UK investing app Freetrade surpasses funding goal by 800%; Sweden calls on Europe to pull the plug on bitcoin mining. Plus, Kenyan FinTech Asilimia closes $2M pre-seed funding, Pan-African firm M-KOPA’s pay-as-you-go model, and UK lawmaker...

Cross-border Payments
Ant Group to Differentiate Between Borrowing From Company, Outside Lenders
November 24, 2021

Ant Group has begun telling customers whether they’re borrowing from the company or from an outside lender, as founder Jack Ma continues his attempts to follow Chinese regulations, according to a Wall Street Journal (WSJ) report Wednesday (Nov. 24). Get the Full Story Complete the...

Cross-border Payments
Wish Pursues Legal Action Over Being Removed From French Search Engines
November 24, 2021

eCommerce marketplace Wish is suing the French government after the government ordered that Wish be removed from online platforms and search engines over product safety concerns, per a Tech Times report Wednesday (Nov. 24). Get the Full Story Complete the form to unlock this article...