International demand for foreign products and services continues to expand. A recent PayPal study, which focused on the x-border strategies of U.S. businesses and corroborated the Q1 PYMNTS.com X-Border Payments Optimization Index, reported that consumers value their time and money over all other factors. Now, more...
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,...
FedEx is making moves to enter eCommerce on a global scale. FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., announced yesterday (March 22) that it is relaunching Bongo International as FedEx CrossBorder, positioned as an eCommerce technology solutions platform that enables online...
There appears to be some dirty pool taking place over eCommerce between countries in the European Union, and antitrust regulators might be taking action to sort it out. The New York Times reports that the European Commission, following a year-long inquiry of cross-border eCommerce related...
When it comes to optimizing cross-border commerce opportunities — in both developed and emerging markets — every merchant knows that they must think mobile first. Beyond that, they must think global. And how does one think global? According to Howard West, the Senior Director of...
What do Airbnb, X-border payments and the Summer Olympics have in common? Nagarajan Rao, Transpay’s SVP and global head of business and product, says Herculean challenges that the sharing economy has to accommodate a cross-border customer. That and 78 profiles of X-border players in this...
The long-anticipated report from the European Union competition watchdog will soon be released, providing everyone in the cross-border eCommerce industry an insight into any possible antitrust issues. The EU regulators are set to release this data as part of their year-long investigation into potential barriers...
What do Airbnb, X-border payments and the Summer Olympics have in common? Nagarajan Rao, Transpay’s SVP and global head of business and product, says Herculean challenges that the sharing economy has to accommodate a cross-border customer. That and 78 profiles of X-border players in this...
With thousands of miles of a shared border, Americans and Canadians have decades of practice skipping across the international boundary when the strength of their respective currencies suits them. When the loonie’s value drops under that of the U.S. dollar in 2016, though, customers don’t...
