Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. By leveraging TransferMate’s global payments infrastructure, the new solution will allow Barclays clients operating in British pounds (GBP) to invoice their customers in more than 60 currencies and 67 countries and...
Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British semiconductor designer Arm to list in New York, CNBC reported Monday (May 8). The report attributed tech companies’ wariness about listing...
The coronation has come and gone, and digital wallets and contactless cards continue to dominate the U.K. retail space. How will Brits pay for coronation swag and other retail items and groceries the next time they head to stores? Questions of payments preference were analyzed...
In today’s fast-paced world, where capital is king, money needs to move faster than ever. This is particularly true across business-to-business (B2B) transactions, where the way that organizations get paid, and when those transactions are settled, is crucial not just to growth today, but success...
As grocers compete for consumers’ loyalty amid inflation, Walmart is reportedly absorbing price increases while its competitors pass them on to consumers. According to Reuters, analytics firm Dataweave looked at nearly 600 products from national brands across grocery categories, noting that, between January 2022 and...
Standard Chartered and Tazapay are now facilitating B2B cross-border payments for eCommerce merchants and marketplaces. The companies’ expanded partnership brings together Standard Chartered’s capabilities as an international banking group and Tazapay’s global payments platform, the companies said in a Monday (May 8) press release. “Tazapay...
The Swiss watch industry is reportedly dealing with competition from smartwatches by raising prices. The industry earned more than ever before in 2022 by raising prices on its best watches, Bloomberg reported Thursday (May 4), citing a report by Morgan Stanley. Morgan Stanley did not...
The word is that Macy’s is exiting the dying mall and making its foray into strip malls, as it views these type of physical retail opportunities to be more lucrative. However, the move isn’t just about entering a new retail landscape. The company is also...
From luxury fashion to tequila, Shopify remains a popular choice among celebrities for launching brands. During the first quarter of 2023, Mary-Kate and Ashley Olsen’s luxury fashion brand, The Row, John Legend’s Loved01, and Kendall Jenner’s tequila brand 818, all opted to launch on the...
