cross-border payments

Cross-border payment is a term referring to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.

Source: kantox.com

70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022  |  Cross Border Commerce

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Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
August 30, 2022  |  Cross-border Payments

In 2021, United Kingdom businesses turned to hiring internationally to expand into new markets and tap into the worldwide talent pool. But firms soon realized...

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TradeLens Sends Europe’s First Electronic Bill of Lading
TradeLens Sends Europe’s First Electronic Bill of Lading
August 30, 2022  |  Blockchain / Distributed Ledger

If there’s one blockchain project that truly shows what the technology is capable of, it’s TradeLens, which has connected nearly every part of the global...

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Letters of Credit Face Extinction From Digital Cross-Border Trade Tools
Letters of Credit Face Extinction From Digital Cross-Border Trade Tools
August 30, 2022  |  B2B Payments

Letters of credit (LCs) are an age-old way of conducting business. While they were necessary for transactions for many years, they are now becoming outdated....

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Today in B2B Payments: CFOs Invest in Efficiency, Scalable Infrastructure
Today in B2B Payments: CFOs Invest in Efficiency, Scalable Infrastructure
August 30, 2022  |  B2B Payments

Today in B2B payments, chief financial officers (CFOs) are turning to software vendors to solve pain points and are investing in scalable infrastructure to help...

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Banks’ SMB Payments Pain Could Be Blockchain Payments Really Big Gain
Banks’ SMB Payments Pain Could Be Blockchain Payments Really Big Gain
August 30, 2022  |  B2B Payments

When it comes to cryptocurrency payments, a lot of attention is placed on consumers paying merchants, but business-to-business (B2B) payments are an area where crypto...

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Most Businesses Say New Tech Can Improve Cross-Border Payments
Most Businesses Say New Tech Can Improve Cross-Border Payments
August 30, 2022  |  Digital Payments

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Nigerian FinTech Grey Nets $2M for Cross-Border Payments
Nigerian FinTech Grey Nets $2M for Cross-Border Payments
August 29, 2022  |  Cross-border Payments

Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a...

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Local Payments, Platforms Key to Keeping Asian Consumers Spending on Luxury Brands
Local Payments, Platforms Key to Keeping Asian Consumers Spending on Luxury Brands
August 29, 2022  |  Cross Border Commerce

The rise of eCommerce — and specifically, preferred payment methods — is a lifeline for luxury brands, for the marquee names that, in large part,...

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