PYMNTS

JANUARY 30, 2019

Forex companies, in particular, move money as they change it from different currency types. GDC, for instance, started out with a solution set for know your customer (KYC) in an eCommerce use case where the company was conducting high-velocity ID verification.

Foreign Exchange 74

Foreign Exchange Compliance Startups Currencies 74

PYMNTS

JANUARY 14, 2019

Africa as next great eCommerce frontier? There’s also a technology boom, which comes as the continent, in Nazir’s words, “leapfrogged over the landline and over the computer, and straight to the smartphone and, now, into mobile money over bank accounts. Consider the fact that eCommerce generated $16.5

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

PYMNTS

AUGUST 18, 2017

Further adding to that complexity is the fact that enterprises today operate on the global stage since eCommerce makes it easier than ever to sell across borders. Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Reconciliations Risk Management Compliance 104

PYMNTS

SEPTEMBER 16, 2019

Consumers do not want to encounter any friction when it comes to reoccurring payments, whether that means merchants not accepting their preferred payment method or going through the hassle of currency conversion. They’re also being tasked with aligning their payment experiences with changing local compliance rules. About the Tracker.

Currencies 49

Currencies eCommerce Invoicing Compliance 49

PYMNTS

FEBRUARY 2, 2021

As eCommerce has become more firmly entrenched in countries such as Pakistan, buying and selling goods by digital means (moving away from the cash-on-delivery model) has generated at least a “reasonable acceptance level,” according to Wain, that gets some critical mass through a few large anchor eCommerce merchants in each market.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

MAY 14, 2018

In many ways, eCommerce has dissolved borders, creating new expectations for business to be conducted between countries with different currencies, languages and regulations. A lot of innovation has focused on accounts receivable for businesses on marketplace platforms with a global reach. Forex – Currency Exchange.

Accounts Payable 40

Accounts Payable Currencies Compliance Accounting 40

PYMNTS

OCTOBER 17, 2019

Authorities Demand Accounting Details From Germany’s Wirecard. Germany-based Wirecard is facing demands from analysts for comprehensive information when it comes to its bookkeeping practices after reportedly trying to discredit a report about its accounting practices.

Currencies 40

Currencies Compliance Accounting Securities 40

PYMNTS

NOVEMBER 16, 2017

The eCommerce merchant sells apparel, accessories, furniture, electronics and other products aimed at the urban male. Wu said the company had to coordinate with the vendor, figure out international shipping and logistics and navigate the challenges of cross-border payments and foreign currency. “It

Math 46

Math Compliance Currencies Startups 46

PYMNTS

MARCH 20, 2019

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. Using cryptography, we can secure accounts without learning anything about them and while having no power to control funds,” Canesin told PYMNTS. Blockchain for Trading .

Currencies 58

Currencies Securities Compliance Communication 58

PYMNTS

MARCH 6, 2018

America’s eCommerce giant is reportedly playing with blockchain via its cloud computing arm, Amazon Web Services (AWS) , with a focus on health care, financial services, supply chain management, and security and compliance. The Chinese eCommerce giant will reportedly use blockchain technology for its cross-border supply chain.

Currencies 47

Currencies Leverage eCommerce Compliance 47

PYMNTS

OCTOBER 30, 2018

percent year on year, edged analysts’ estimates slightly, though management noted that revenue on a currency-neutral basis, and excluding items, was up 17 percent. billion, up 18 percent on a currency-neutral basis. In terms of headline numbers, Mastercard’s revenues of $3.9 billion, up more than 14.7 Earnings of $1.82

B2B 71

B2B Currencies Economics Compliance 71

PYMNTS

APRIL 3, 2019

Senders have 12 hours to settle their accounts at a Dollar General store, he said, adding that 99 percent of consumers do so within that time limit, which is governed by compliance issues. The Western Union service works in conjunction with Amazon’s cross-border payment option, Amazon PayCode. Digital Expansion.

Foreign Exchange 61

Foreign Exchange Compliance Retail Currencies 61

PYMNTS

FEBRUARY 28, 2018

The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing with automation, interoperability and digital currency initiatives. Growth can be a mixed blessing for eCommerce marketplaces. Why bother making new and old systems play nice together? Jewel Paymentech.

Startups 40

Startups Currencies Accounts Payable Invoicing 40

PYMNTS

MARCH 5, 2019

If the digital economy crosses borders – with commerce always on, across time zones and currencies – the platform model should be a perfect fit for those who seek to literally cross borders, or even just get away from it all for a bit.

Prioritization 59

Prioritization Currencies Securities Education 59

PYMNTS

FEBRUARY 19, 2018

You could call accounts payable (AP) the last mile of payments in a way. And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles. Or perhaps AP stands for the last mile of automated processes?

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

PYMNTS

DECEMBER 11, 2017

Today, that fuels a $23 billion USD eCommerce market: roughly 8 percent of all retail spending. Amazon has long been recognized as a pioneer in the world of eCommerce usability,” said Simon Banks, Hyperwallet’s Asia Pacific managing director, in a press release.

Foreign Exchange 42

Foreign Exchange Currencies Problem Solving eCommerce 42

PYMNTS

DECEMBER 29, 2020

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. Those numbers allow payments to be routed to regular bank accounts, but with platforms such as on offer by Monneo give online enterprises a single access point to obtain IBANs on offer from a collection of European banks.

Numbers 115

Numbers Accounting Banking Currencies 115

PYMNTS

MAY 22, 2017

However, by some accounts , the losses suffered as a result of the attack could cost affected parties hundreds of millions of dollars in outages, lost revenue and productivity. The good news is that roughly half (52 percent) of adults who conduct activities online use two-step authentication to protect their online information and accounts.

Compliance 46

Compliance Banking Transportation Communication 46

PYMNTS

DECEMBER 28, 2016

Six years ago, Esposito explained, Etsy stepped back to solve a recurring friction for its global buyers and sellers: making it easy for buyers to pay — but also making it easy for sellers to be paid in their local currencies directly into their bank account. A Different Look At Fighting Fraud.

eCommerce 41

eCommerce Treasury Compliance Communication 41

PYMNTS

OCTOBER 6, 2020

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. and FX Payments in 134 currencies. But eCommerce, she said, is a different story.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Chinese companies have to work with banks and regulators, increasingly on a daily basis, as they pursue outbound eCommerce.

eCommerce 63

eCommerce Compliance Currencies Education 63

PYMNTS

DECEMBER 8, 2017

And especially in cross-border payments , where, amid globalization, currencies shift and businesses connect across time zones, languages and even industries. And, added Webster, there is nothing more unsettling than money leaving a gap in an account and wondering if it ever got to the other side. Risk and compliance?

B2B 44

B2B Invoicing Compliance Technology 44

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Customizing The Accounts. .

B2B 98

B2B Currencies eCommerce Compliance 98

PYMNTS

JUNE 8, 2020

Barnett said acceptance — a critical component of moving to cashless by giving people places to spend their digital currencies — is improving. 31, 2020, as the new Strong Customer Authentication (SCA) compliance deadline. There are different rates of uptake in eCommerce and preferences tied to debit and credit and prepaid cards. “As

Currencies 67

Currencies Banking eCommerce Securities 67

PYMNTS

MARCH 1, 2019

bill payments accounted for 15 billion transactions last year — and is growing at mid-single-digit percentage rates. Through the last several years, Ersek noted, he has focused Western Union on creating a cross-border platform that enables cross-currency transactions. The Details So Far. The market is a large one — as in U.S.

Sales 56

Sales B2C Currencies Leverage 56

PYMNTS

OCTOBER 16, 2019

Amit Agarwal, global head of cross-border payments at Citi , told Karen Webster in the latest installment of the “What Treasurers Need to Know” podcast series that the world is becoming flatter and supply chains are getting longer, stretching across borders and currencies. Only 20 years ago, eCommerce was an unheard-of notion.

B2B 51

B2B B2C Compliance Currencies 51

PYMNTS

MAY 6, 2019

Credits was a virtual currency and payments platform used to power in-app purchases on Facebook. I have to admit to being a bit incredulous when reading the Wall Street Journal ’s account of Facebook’s crypto-centric payments plans last Friday morning (May 3). It shut down in 2012, 15 months after its official launch.

Currencies 83

Currencies Leverage Planning Investments 83

PYMNTS

DECEMBER 12, 2017

The offering focuses on secure B2B payments and ensuring that companies are in sync with regulatory and compliance mandates in each new region they enter. In one example offered to PYMNTS, a single eCommerce company was able to bring operations to 17 countries in a four-month timeframe.

Invoicing 41

Invoicing Currencies B2B eCommerce 41

PYMNTS

JUNE 15, 2017

An estimated 94 million online shoppers are expected to spend $1 trillion on cross-border eCommerce by 2020. Western Union’s RESTful API enables users to send up to 10,000 payments in multiple currencies using a single API call and offers users real-time payment tracking to keep tabs on the status of their transactions.

B2B 70

B2B Foreign Exchange Compliance Leverage 70

PYMNTS

OCTOBER 7, 2019

Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit. billion people with bank accounts and digital wallets, enabling them to accept payments in a familiar currency. These are the same 1.5 billion people that Libra said at launch it intended to help.

Currencies 79

Currencies Advertising Construction Financial Systems 79