The world is getting smaller. E-commerce allows consumers to shop for almost anything from almost anywhere. But in terms of payments, cross-border commerce is as challenging as ever. The ability (or inability) to pay in the currency that is comfortable for the shopper can make...
The Industrial and Commercial Bank of China (ICBC) tried to quell recent concerns saying loan checks on companies that made overseas acquisitions were normal and routine, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Good luck decrypting Europe’s incoming digital chief’s views on encryption. In international news this week, the commissioner-designate, Mariya Gabriel, responded to questions from the European Parliament on Tuesday, June 20, with non-committal answers that did little to assuage members’ concerns. Get the Full Story Complete...
In international business news this week, Payoneer, a cross-border payments company, officially unveiled a new office in London on Tuesday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
China’s latest economic data are expected to show retail sales growth was unchanged last month, and factory output and investment decreased slightly for a second month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The pound has been on a downward spiral since the Brexit referendum, and that inflation is reflected in lack of consumer spending. In May, the U.K. saw its first decline in consumer spending since September 2013, as it dropped an annual 0.8 percent. Get the...
As digital continues to be a pervasive force in nearly everyone’s daily lives, many in international government have likely begun to wonder how and if it should be regulated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It seems things have not turned out quite as expected for Theresa May and her Conservative government in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Cross-border retail is on its way to becoming a $1T business opportunity and online marketplaces are leading the way, according to the latest PYMNTS.com X-Border Payments Optimization Tracker™. But those marketplaces are only as vibrant as the speed at which payments end up in sellers'...
