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UK-based local payments platform PPRO has expanded its local payments offering to the US.
expansion, mobile payments, ecommerce, API, merchants
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
Vlad Macovei from The Paypers emphasises the worldwide move toward Open Data regulation, including the EU's Data Act, changing North American data privacy laws, and global legal approaches to data privacy.
open data, Open Banking, Open Finance, regulation, data sharing, GDPR, data protection, artificial intelligence, Digital Markets Act (DMA), PSD2, banking, fintech
Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.
cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin
BRICS has made efforts to create payment system based on digital currencies and blockchain to reduce reliance on US dollars in settlement.
blockchain, digital payments, report, de-risking, tokenization
Li-Xiong Chu, Account Director at Maximum Advertising Group, talks about the role of live commerce in the context of cross-border trade and examines its prospects.
livestream shopping, ecommerce, cross-border ecommerce, social commerce, sustainability , artificial intelligence, digitalisation, online shopping, expansion
Bob Hoyler of Euromonitor discusses slowing growth, citing changing consumer behaviour. Despite challenges, cross-border ecommerce thrives, driven by marketplaces.
ecommerce, cross-border payments, behavioural biometrics, marketplace, research
The Financial Times has obtained documents that showcase Iran’s efforts to evade sanctions by using accounts at two of the UK’s largest banks.
banks, financial sanctions, regulation, compliance
Naveen Mallela, Managing Director at JP Morgan Chase, delves into the future of money and cross-border payments, stressing out the importance of tokenized deposits, stablecoins, and CBDCs.
stablecoin, CBDC, cross-border payments, instant settlement, B2B payments, DeFi
Amnon Samid, CEO of BitMint, an AI-Powered Cyber-Innovation Hub, tackles current cryptography-based digital currencies, that cannot serve as a means of better financial fairness and inclusion.
CBDC, payments , cash, digital currency, quantum computing, digital wallet, central bank, stablecoin, tokenization
B2B foreign trade financial service provider XTransfer has expanded its business to over 200 countries and regions to serve SMEs in cross-border trade.
cross-border ecommerce, cross-border logistics, cross-border payments, SMEs, risk management
Citigroup has announced a delay in its strategy of developing a wholly-owned securities business in China in order to comply with the country’s data laws.
product launch, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Ant Group, the fintech affiliate of Alibaba Group Holding, has partnered with China-based Huawei Technologies to develop a dedicated version of Alipay.
mobile payments, mobile money, partnership, fintech, e-wallet
Richard Turrin, Author of ‘Cashless’, reveals the true potential of e-CNY that goes beyond retail payments and insights into ways of breaking the dollar monopoly on oil trade.
CBDC, digital payments, banking, fintech, distributed ledger technology, blockchain, WeChat Pay, Alipay
US-based Citi has announced its collaboration with Traydstream to offer clients access to automated trade-document processing capabilities.
trade finance, partnership, cross-border ecommerce, machine learning, compliance, cloud banking
Jason Boud, CEO of RegTech Associates examines how financial crime technology is evolving in the regtech market, providing commentary on some of the key parts of the financial crime market and evidencing this with data from the RegTech Associates Radar platform.
regtech, artificial intelligence, machine learning, identity verification, data analytics
B2B foreign trade financial service provider XTransfer has partnered with TransferMate to provide importers and exporters with additional market opportunities.
partnership, SMEs, FX , cross-border payments, cross-border ecommerce
US-based neobank iPeakoin has raised nearly USD 10 million in a Series A funding round led by China-based venture capital firm ZhenFund.
investment, neobanks, cryptocurrency, fintech
The National Bank of Cambodia has signed a MoU with Ant International to offer inbound and outbound cross-border mobile payments in the region.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, digital payments, mobile payments, ecommerce
US-based Citi has launched its agented syndicated loans on Versana’s transformative digital data platform, making them available for the latter’s subscribers.
partnership, digital banking, mobile banking, online banking, financial services, financial institutions