cross-border commerce

Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
May 10, 2023  |  Cross-border Payments

An estimated $5 billion is lost annually in intra-African trade. And apart from the high trade costs associated with operating in a highly fragmented region,...

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Krungthai Bank Deploys Visa B2B Connect in Thailand
Krungthai Bank Deploys Visa B2B Connect in Thailand
March 09, 2023  |  B2B Payments

Krungthai Bank (KTB) and Visa have partnered to streamline cross-border corporate payments for Thai businesses. By implementing the Visa B2B Connect solution in Thailand, KTB...

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LatAm Trade Finance Platform Marco Books New Credit Line and Equity Stake
LatAm Trade Finance Platform Marco Books New Credit Line and Equity Stake
February 27, 2023  |  B2B Payments

Miami-based trade finance platform Marco said Monday (Feb. 27) that a fresh $200 million credit line as well as an $8 million equity investment would...

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Cross-Border Travel Will Keep Cash Alive, Says Travelex CEO
Cross-Border Travel Will Keep Cash Alive, Says Travelex CEO
January 25, 2023  |  Travel Payments

Despite the digitization of retail banking, cash will not be disappearing anytime soon. That’s the opinion of Richard Wazacz, Global CEO at foreign exchange company...

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KLYM Raising $27M to Expand Working Capital Offering in LatAm 
KLYM Raising $27M to Expand Working Capital Offering in LatAm 
January 19, 2023  |  Cross-border Payments

KLYM is reportedly raising $27 million to expand its working capital offering in Latin America. The Colombian FinTech, which was formerly known as OmniLatam, plans...

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Ukraine’s Small Businesses Find Silver Lining in Digital Payments
Ukraine’s Small Businesses Find Silver Lining in Digital Payments
January 17, 2023  |  Digital Payments

Digital payments have been small businesses’ saving grace in the face of tough economic challenges. It’s a double-edged sword that, according to James Allum, senior vice...

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Drip Capital and Vayana TradeXchange Partner on Trade Finance Solutions 
Drip Capital and Vayana TradeXchange Partner on Trade Finance Solutions 
December 22, 2022  |  Cross-border Payments

Drip Capital and Vayana TradeXchange have partnered on trade finance services for small to medium-sized exporters.  Through this partnership, Drip Capital — which offers post-shipment...

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FinTechs Plug SMB Trade Finance Gap With Digital Data
FinTechs Plug SMB Trade Finance Gap With Digital Data
December 01, 2022  |  Cross-border Payments

The cost of staying in business on the global stage is getting tougher to shoulder. Especially for the small and medium-sized businesses (SMBs) that power...

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PYMNTS Intelligence: Challenges and Opportunities For eCommerce in Latin America
PYMNTS Intelligence: Challenges and Opportunities For eCommerce in Latin America
December 01, 2022  |  Cross-border Payments

Latin America is a burgeoning market for eCommerce, with a recent report pegging its value at $382 billion, representing a 35% growth from 2021. Some experts are...

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