U.S

$13B In Trump Trade War Tariffs Go Unpaid

$13B In Trump Trade War Tariffs Go Unpaid
$13B In Trump Trade War Tariffs Go Unpaid
January 18, 2019  |  Cross-border Payments

While President Donald Trump has boasted that his tariffs imposed on China and other countries have made billions of dollars for the U.S., the reality...

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Tech Executives Support The Trade War With China
Tech Executives Support The Trade War With China
January 15, 2019  |  Cross-border Payments

Technology executives appear to back the U.S. trade war with China, with CNBC reporting some tech executives have expressed support for the fight with CNBC’s...

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China Tech Firms U.S. Patent Awards Increased In 2018
China Tech Firms U.S. Patent Awards Increased In 2018
January 08, 2019  |  Cross-border Payments

The number of tech patents that China was awarded in the U.S. increased in 2018, marking the only country to see an uptick in the...

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China To Help Private Businesses With Lower-Cost Credit
China To Help Private Businesses With Lower-Cost Credit
January 07, 2019  |  Cross-border Payments

Lawmakers in China are looking at ways to help private businesses that are having a hard time refinancing debt, reported Reuters. Get the Full Story...

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US-China Trade War Costs Billions For Both Sides
US-China Trade War Costs Billions For Both Sides
January 02, 2019  |  Economy

The trade war between the United States and China has ended up costing billions of dollars for both sides during 2018, with agriculture feeling the...

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US Banks Shun Money Transmittal
US Banks Shun Money Transmittal
December 26, 2018  |  Banking

U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. Get the...

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Russian Bank Throttles Visa, Mastercard Post Sanctions
Russian Bank Throttles Visa, Mastercard Post Sanctions
December 20, 2018  |  Cross-border Payments

Promsvyazbank, the Russian state bank that was hit by sanctions by the U.S., has lowered its security deposits that go to Visa and Mastercard, reported...

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Banks, Rival Markets Benefit From US-China Trade Spat
Banks, Rival Markets Benefit From US-China Trade Spat
December 14, 2018  |  B2B Payments

With trade tensions continuing between the U.S. and China, analysts are finding a shift among global supply chains away from the Chinese market, to the...

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