Articles with tag like: Brexit

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JP Morgan study: how German midcaps are embracing technology

News | E-invoicing, SCF & E-procurement | 28 May 2021

German businesses are doubling down on globalisation, embracing technology to adapt, and planning for ownership transitions in the medium term, according to a JP Morgan survey.

survey, COVID-19, supply chain finance, Brexit

37 percent of UK-based businesses lost over GBP 60,000 from cross-border payments post-Brexit

News | Online Payments | 27 May 2021

ECOMMPAY has revealed in a research that 37% UK-based businesses have lost revenue from cross-border card payments post-Brexit.

ECOMMPAY, research, cross-border payments, Brexit, online payments

Klarna considers UK IPO, depending on UK finance rules post-Brexit

News | Online & Mobile Banking | 21 May 2021

Klarna has declared that the decision on whether to move ahead with a listing in London hinges on the UK government’s post-Brexit financial services regulation, says Bloomberg.

Klarna, fintech, startup, IPO, Brexit, BNPL

The impact of Brexit on cross-border ecommerce between the UK and EU

Voice of the Industry | Ecommerce | 13 May 2021

Frida Polyak, Research Analyst at Euromonitor International, elaborates on the challenges and opportunities that the post-Brexit context holds for retailers in the UK and the EU

Brexit, cross-border ecommerce, retail, regulation, COVID-19, ecommerce

Cross-border compliance considerations for retailers - Avalara

Voice of the Industry | Payments General | 11 May 2021

As global ecommerce continues to grow, Craig Reed, general manager of cross-border at Avalara highlights the steps merchants are taking to overcome compliance roadblocks for cross-border sales

cross-border payments, ecommerce, compliance, customer experience, Brexit, retail

Future developments of payment services: insights from an industry veteran

Interviews | Online Payments | 11 May 2021

We sat down with an industry veteran, Shane Happach, CEO of Mollie - he shared some key lessons learned, insights into the industry and future developments of payment service providers in the EU

Mollie, ecommerce, payment processing, Brexit, merchants

Brexit hit the UK harder than expected, Reuters

News | Online & Mobile Banking | 16 Apr 2021

UK-based financial companies have shifted USD 1.4 trillion in assets to hubs in the EU due to Brexit, according to a study from New Financial cited by Reuters.

Brexit, financial institutions

Mollie publishes data on the challenges UK and Europe-based merchants face

News | Ecommerce | 31 Mar 2021

Mollie has published data revealing the challenging conditions UK and EU merchants face and their plans to bounce back following the UK’s formal exit from the EU.

Mollie, research, retail, ecommerce, Brexit, merchants

Visa raises interchange fees for UK-based cardholders

News | Online Payments | 23 Mar 2021

Visa has been reported to follow Mastercard’s earlier decision as it plans to increase interchange fees on purchases made by British customers from most of Europe.

Visa, interchange fee, Brexit, online payments

Barclays expands private banking business to France and Italy

News | Payments General | 23 Mar 2021

In the wake of Britain’s exit from the European Union, Barclays has expanded its private banking business to France and Italy.

Barclays, investment, banks, Brexit

Online payments post-Brexit: navigating cross-border challenges in ecommerce

Voice of the Industry | Online Payments | 18 Mar 2021

Brexit has brought new restrictions to sales in and out of the UK including some additional intra-regional fees. Here are a few tips from Worldline’s experts on what merchants can do with the new measures both in the UK and EU

Worldline, Brexit, ecommerce, local payment method, SCA

Creating a level playing field in the cross-border transactions space

Voice of the Industry | Payments General | 16 Mar 2021

Gino Ravaioli, Chairman of the DCC Forum, examines why now is the time to open up the industry to greater competition

DCC Forum, cross-border payments, Brexit, interchange fee, merchants, regulation, European Commission

Key trends and challenges shaping the ecommerce industry in 2021

Voice of the Industry | Ecommerce | 12 Mar 2021

Luca Cassetti, the Secretary General of Ecommerce Europe, elaborates on the main trends and challenges that are expected to play a vital role in the ecommerce sector in 2021

Ecommerce Europe, ecommerce, omnichannel, COVID-19, online payments, Brexit, SCA, 3-D Secure, European Commission

Contactless card limit will rise to GBP 100 in the UK, the Treasury confirmed

News | Cards | 04 Mar 2021

The Treasury has confirmed that the limit on a single payment using contactless cards will rise to GBP 100 in 2021.

Brexit, contactless payments, card scheme

Increased costs for EUR payments from UK as a result of Brexit, Banking Circle

News | E-invoicing, SCF & E-procurement | 25 Feb 2021

Cross-border payments expert Banking Circle has identified an issue affecting some financial institutions handling cross-border transactions from the UK to the EU. 

Banking Circle, trade finance, cross-border payments, SEPA, B2B payments, Brexit

EC to allow continued financial data flows to UK following Brexit

News | Payments General | 24 Feb 2021

The European Commission has announced that it would start a process to allow a continued flow of police and financial data from the EU to Britain for the next four years.

data sharing, GDPR, data protection, Brexit

Mollie expands focus to help UK merchants

News | Online Payments | 16 Feb 2021

Payment service provider Mollie has expanded its focus to support UK merchants looking to grow into Europe post Brexit.

Mollie, expansion, Brexit, ecommerce, merchants, online payments

Increased costs for EUR payments from UK post Brexit, Banking Circle says

News | Payments General | 12 Feb 2021

Cross-border payments service provider Banking Circle has identified an issue affecting some financial institutions handling cross-border transactions from the UK to the EU. 

Banking Circle, UK, Brexit, payments, cross border payments, SEPA, bank

UK-based SMBs offered GBP 20 mln Brexit fund after border trade disruption

News | E-invoicing, SCF & E-procurement | 12 Feb 2021

Small UK-based businesses have gained access to a GBP 20 million Brexit support fund from the government to help new trade rules following border disruption following Brexit, according to The Guardian.

UK, SMB, Brexit, global trade, investment, import, export, supply chain finance

FCA proposes increase in UK contactless spending limit

News | Cards | 02 Feb 2021

The UK’s Financial Conduct Authority (FCA) have proposed to increase the limit for single contactless payments from GBP 45 to GBP 100 and the limit for cumulative contactless transactions from GBP 130 to GBP 20O.

FCA, Financial Conduct Authority, contactless payments, mobile payments, card payments, UK, Brexit