international

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational level. It involves cross-border transactions of goods and services between two or more countries.

Source: en.wikipedia.org

Cash App Exiting UK to Increase Focus on US
Cash App Exiting UK to Increase Focus on US
July 18, 2024  |  Payment Methods

Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it...

READ MORE >
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
July 16, 2024  |  Cybersecurity

Federal agencies are warning financial institutions about timeshare fraud schemes associated with Mexico-based transnational criminal organizations. The Financial Crimes Enforcement Network (FinCEN), jointly with the...

READ MORE >
China’s AI Surge Could Impact the Global Business Landscape, Experts Say
China’s AI Surge Could Impact the Global Business Landscape, Experts Say
July 15, 2024  |  Artificial Intelligence

Chinese companies are racing ahead in adopting generative artificial intelligence (AI), a technological leap that experts say could upend global commerce and give China a...

READ MORE >
China’s Economic Growth Shows Surprise Slowdown
China’s Economic Growth Shows Surprise Slowdown
July 15, 2024  |  Cross-border Payments

Economic growth in China reportedly fell to its slowest pace in five quarters. The surprise slowdown came as a decline in consumer spending hamstrung an...

READ MORE >
OCN Raises $86 Million to Expand Gig Worker Platform
OCN Raises $86 Million to Expand Gig Worker Platform
July 15, 2024  |  Investments

OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in...

READ MORE >
UK Regulators Investigating Benefits, Risks of Digital Wallets
UK Regulators Investigating Benefits, Risks of Digital Wallets
July 15, 2024  |  Payment Methods

Two United Kingdom regulators have begun gathering information on the benefits and risks of digital wallets for people and businesses. The Payment Systems Regulator (PSR) and Financial...

READ MORE >
Australian Banks Refund $19 Million to Low-Income Customers
Australian Banks Refund $19 Million to Low-Income Customers
July 15, 2024  |  Bank Regulation

Banks in Australia are issuing $19 million in refunds to low-income customers. The move follows an investigation by the Australian Securities and Investment Commission, which...

READ MORE >
PayPal Fined $27 Million for Contract Violations in Poland
PayPal Fined $27 Million for Contract Violations in Poland
July 15, 2024  |  Legal & Regulation

A Polish regulator fined PayPal $27.3 million over allegedly “unprecedented” user agreement violations. The Office of Competition and Consumer Protection (UOKiK) said in a Monday...

READ MORE >
Nala Raises $40 Million to Expand Consumer Business Beyond Africa
Nala Raises $40 Million to Expand Consumer Business Beyond Africa
July 12, 2024  |  Investments

Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa....

READ MORE >