A collaboration between PYMNTS Intelligence and Mastercard, “The Cross-Border Opportunity: What Global Sourcing by US SMBs Means for Payment Providers” examines how U.S. small- to medium-sized businesses are becoming more global in the way they buy goods, materials and supplies. The report finds that 57% of...
Certainty is at a premium in uncertain times, particularly across the landscape of cross-border B2B commerce. The volatile tariff landscape has reportedly cost companies over $34 billion in lost sales and higher costs while at the same time throwing supply chains and overseas relationships into...
Ant International and Barclays have partnered to help businesses reduce their foreign exchange-related costs and their risks against global volatility. In the first stage of the collaboration, Ant has completed its first batch of intra-group FX transactions with Barclays, the companies said in a Friday...
As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a fever pitch. The once-promising but cautious outlook for the U.S. economy is now being derailed by growing recession fears, casting...
September 02, 2026
Real-time payments in Asia-Pacific are entering a new phase. After years of building domestic instant payment rails, countries across the region are now connecting those systems across borders, expanding their commercial uses and laying the groundwork for transactions that run without a person at each step. The clearest example of that shift is Project Nexus. […]
April 08, 2025
As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a fever pitch. The once-promising but...
February 03, 2025
Just a few years ago, cross-border payments were inefficient at best and filled with friction at worst. They were opaque and took days to settle. Additionally, managing foreign exchange costs...
November 08, 2022
As more and more merchants seek expansion into markets abroad in search of new consumers willing to buy, they’re also apt to find a few other things waiting for them...
May 09, 2025
Ant International and Barclays have partnered to help businesses reduce their foreign exchange-related costs and their risks against global volatility. In the first stage of the collaboration, Ant has completed its first batch of intra-group FX transactions with Barclays, the companies said in a Friday (May 9) press release. The partnership will also see the […]
March 12, 2025
Boost Payment Solutions has teamed with Transfermate to address a rising demand for cross-border payments. The partnership, announced Thursday (March 12), combines Boost’s cross-border payment solution for enterprise-level business, Boost 100XB, with TransferMate’s payments infrastructure...
February 06, 2025
Chinese retailers selling on Shein and Temu are reportedly facing a 30% levy on exports. These merchants say logistics agents have asked for that increased price following tariffs imposed on China by the Trump...
October 21, 2024
The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have formed an agreement for correspondent...
