Sections
cross border trade
Border trade, in general, refers to the flow of goods and services across the international borders between jurisdictions. In this sense, it is a part of normal legal trade that flows through standard export/import frameworks of nations.
(source: en.wikipedia.org)
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3.1KB2B PaymentsThe Long-Term Consequences Of Knee-Jerk Supply Chain Reactions
In a black swan event such as the pandemic, ensuring business continues to flow not only means mitigating volatility of today. For...
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5.8KB2B PaymentsCiti: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments
While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise...
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3.7KB2B PaymentsUPS Aims To Deliver Not Just Merchandise, But Trade Financing, Too
Advancements in logistics and supply chain technology mean the risks of getting goods from Point A to Point B are lower than...
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3.4KB2B PaymentsAugmenting Trust With Technology In Global Trade Finance
In cross-border trade, trust has historically been a critical part of the equation. Corporate buyers must trust that their suppliers will deliver...
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4.0KInternationalHow Tariffs Lead Toymakers To Redraw Asia’s Supply Chains
Importers around the world continue to reel from ongoing trade disputes that are redrawing supply chains — perhaps permanently — throughout Asia,...
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3.8KB2B PaymentsTrade Finance Disruption With The Bank In Mind
The world of trade finance has no shortage of friction points. It’s why many FinTech innovators have flocked to the space, with...
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3.8KB2B PaymentsInfosys Finacle Completes Trade Finance Trial With R3
Infosys subsidiary Infosys Finacle has announced the completion of a five-week trial of its trade finance solution using R3 blockchain technology. In...
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4.3KB2B PaymentsTrade Finance Moves To Stabilize A Volatile Market
The brewing of global trade wars has importers and exporters reeling. Smaller trading businesses, in particular, are struggling to manage the sudden...
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4.3KB2B PaymentsASB Bank Invests In Blockchain Trade Tech Startup TradeWindow
Australia and New Zealand-based ASB Bank has acquired a stake in a New Zealand startup developing a blockchain-powered trade management solution. Reports...
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3.4KB2B PaymentsThe Other Trade Dispute Disrupting Samsung’s Supply Chain
While the trade war between the U.S. and China continues to put pressure on some of the largest multinational conglomerates and their...
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3.6KB2B PaymentsPayPal Canada Links Small Businesses To Cross-Border Shipping
PayPal is introducing a new solution for Canadian small businesses (SMBs) to lower their logistics costs when doing business with the U.S....
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4.4KBlockchainUBS Leads New Blockchain Settlement Coin Consortia
An emerging group of financial services firms led by UBS Group is looking to develop a crypto-based system to settle cross-border trades....
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3.9KB2B PaymentsUS Senate Revives Export-Import Bank
After a four-year hiatus, the U.S. Export-Import Bank (EXIM Bank) is returning to full-fledged operations as a provider of high-value trade financing...
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9.5KB2B PaymentsCiti Launches NextGen For AI-Powered Trade Transactions
Citi has announced a new initiative aimed at boosting the efficiency and performance of trade transactions with artificial intelligence (AI). A press...
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4.1KB2B PaymentsVeem Targets Firms’ Trade War Tariff Burden
Cross-border payments processing company Veem is targeting the cash flow burden companies face as a result of ongoing trade disputes and subsequent...
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3.6KB2B PaymentsJapan’s Banking, Insurance Markets Link SMBs To US Trade Via Amazon
Members of Japan’s insurance and financial services sectors are teaming up in an effort to remove barriers for small businesses (SMBs) to...
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7.1KB2B PaymentsPakistan Central Bank Warns PayPal Absence A ‘Major Concern’
A new report from the State Bank of Pakistan says a lack of electronic payment services like PayPal in the country has...
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4.6KB2B PaymentsWhere Payments And Funding Fit Into The SMB Growth Trajectory
For a small business (SMB) to grow enough to expand across borders is an accomplishment by any definition, considering how many hurdles...
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7.1KB2B PaymentsBanks Lack Faith In Tech Giants’ Trade Finance Ambitions
Amid a global market with a massive lack of trade finance accessibility, the International Chamber of Commerce (ICC) recently found that banks are...
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6.5KB2B PaymentsSupply Chain Digitization Stumbles Over Collaboration
Supply chains continue to lag in digitization and technology adoption, with hurdles often relating to the costs, lack of understanding, or implementation...
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7.5KB2B PaymentsNew Year, New Blockchain Use Cases?
As 2019 dawns, there are several predictions that blockchain may have a breakout year. One reason? Smart contracts, as noted by MIT. In...
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4.8KInternationalLocal China Merchants Upbeat About 2019 Cross-Border Sales
Despite a trade war between the U.S. and China, local Chinese vendors operating in Yiwu International Trade City are upbeat about 2019....
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5.2KB2B PaymentsBrexit’s Looming FX Risk For SMBs
Yea or nay for Theresa May’s Brexit plan comes next week, via Parliament’s Dec. 11 vote. SMBs reliant on cross-border trade are exposed...
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10.4KBrexitBrexit A Boon For Blockchain?
As U.K. gears up to leave the EU, questions arise over cross-border trade and payments. Might technology be a salve? One study from...
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3.4KB2B PaymentsOFX Brings FX Account Services To The UK
Foreign exchange solutions company OFX is expanding its services in the U.K. Reports in Tamebay said Thursday (Sept. 13) that its Global...
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4.3KB2B PaymentsCorporates Shouldn’t Wait For Regulators To Force eInvoice Adoption
For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow...
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3.2KB2B PaymentsSmall Firms Up Global Trade Volume Despite FX Threats
New data from WorldFirst shows small businesses (SMBs) in the U.K. are pressing past threats looming from Brexit and increasing their global...
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6.6KB2B PaymentsA Global View Of Small Business Optimism
What’s it like to be a small business owner? It depends where one is based, according to the latest data. In Europe,...
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3.6KB2B PaymentsSantander Bridges SMBs With China
U.K. bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking...
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3.9KB2B PaymentsDelinquencies Up, But Canadian Firms Prove Resilient Through Market Turmoil
Two trends uncovered in PayNet’s Canadian Small Business Lending Index may be cause for concern: the first, loan origination remains weak; the...
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3.6KB2B PaymentsIMF Warnings Could Dampen Small Biz Global Ambitions
Geopolitical volatility continues to rattle major markets like the U.S. and the U.K., but small businesses (SMBs) remain resiliently focused on expansion...
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3.1KB2B PaymentsChinese SMBs Caught In Trade War Crosshairs
The widespread consequences of a possible “trade war” between the U.S. and China don’t stop at steel giants and tech conglomerates. Small...
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4.3KCross Border CommerceThe Unlikely Optimism Of The US-China Trade Spat
The phrase “trade war” is on the tip of everyone’s tongue as U.S. President Donald Trump redraws trade lines and revises trade...
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5.4KB2B PaymentsBritain, EU Spar Over Rejected FinServ Trade Offer
Britain and the European Union continue to remain deadlocked in their efforts to negotiate a trade deal with financial services agreements included,...
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5.2KPartnerships / AcquisitionsInfor To Develop Global Trade Platform With Integration Point
Cloud technology firm Infor is developing a new platform for global B2B trade management, the company said Monday (Feb. 5), and has...
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5.5KB2B PaymentsUPS Capital Expands Trade Finance For SMBs
UPS Capital is ramping up its focus on small business finance. The company, a subsidiary of UPS, announced on Tuesday (Jan. 16)...
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7.5KB2B PaymentsUK Warns Of Financial Crisis Threat If EU Blocks Brexit
Blocking the U.K.’s exit from the European Union could spark the next global financial crisis, according to warnings issued by two U.K....
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5.3KB2B PaymentsHow Small Online Sellers’ Global Ambitions Complicate Cash Flow
In many ways, eCommerce has democratized the market for small sellers, a group that can now easily reach a global base of...
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5.8KB2B PaymentsSingapore’s Big Week In Blockchain Progress
The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed...
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5.1KInvestmentsTrump Administration Blunts Cuba Business Aspirations
Recent moves from Donald Trump to undo policy changes in U.S. relations with Cuba have caused U.S. businesses to pull back on...
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5.4KB2B PaymentsTrade Finance Endures, And Overcomes, Banks’ Slow-Moving Innovation
A few years ago, Sameer Sehgal, the new CEO of trade finance firm Traydstream, said he probably wouldn’t have agreed that banks...
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4.5KB2B PaymentsWhy Collaboration Is Key To Competitive, Flexible Supply Chains
Going global isn’t just a growth strategy for businesses these days. In fact, it’s often a necessity to stay competitive. Cross-border trade...
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6.7KB2B PaymentsSMBs Eye Payments For Less Risk, More Reward In Cross-Border Growth
International expansion is a high-risk, high-reward game for small- and medium-sized businesses (SMBs). A recent report by HSBC found that a lack...
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3.5KB2B PaymentsQuality, Flexible Pricing Terms Key For Latin American Importers, Finds UPS
A new report from UPS suggests SMEs in Latin America are well-positioned to expand their global trading operations, with importers looking overseas...
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4.5KB2B PaymentsWhy UK SMEs Can’t Afford A Laissez-Faire Brexit Approach
Brexit hasn’t seemed to have had the massive impact on business analysts warned about — yet. Recent commentary from The Wall Street Journal when...
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7.3KB2B PaymentsTreasury Finds Itself At Home In FinTech
The rise in B2B FinTech has complicated the picture of treasury management, forcing it to rethink its position in the enterprise. The...
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5.7KB2B PaymentsTrade Finance Platform Launches With 16 Banks On Board
CCRManager has launched an electronic trade finance, supply chain finance and working capital platform, with 16 banks across the globe already onboarded...
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5.9KB2B PaymentsSBA Head Urges SMEs To Go Global
The head of the U.S. Small Business Administration, Linda McMahon, spoke in front of the United Nations last week urging small businesses...
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7.4KB2B PaymentsTrade Finance To Fuel Blockchain’s Rise This Year, Says IBM
With so many consortia and internal development teams in play, it’s difficult to assess global banks’ progress on blockchain. But analysts assure...
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10.5KB2B PaymentsIBM Readies For Blockchain Disruption Of Supply Chains
IBM has been an aggressive and confident investor in blockchain technology. Late last year the firm launched a blockchain ecosystem for innovators...
