PYMNTS

NOVEMBER 10, 2020

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector. Back in May, i2c Inc. The Demographics — And Digital Fiat .

Currencies 129

Currencies Leverage Securities Banking 129

PYMNTS

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Fifty-eight percent of worldwide eCommerce transactions were made using these platforms in 2018, for example, and consumers have since become even more accustomed to them. Domestic Seller Currencies.

Marketing 63

Marketing Currencies eCommerce Compliance 63

PYMNTS

NOVEMBER 4, 2020

Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. The ledger, tied to blockchain, allows banks to exchange data about payments, resolve compliance inquiries and validate accounts. The conversation took place against the backdrop where, late last month, J.P. Liink, J.P.

Healthcare 131

Healthcare Currencies Compliance Banking 131

PYMNTS

JUNE 19, 2020

A payments orchestration layer can serve as an intermediary between a merchant and its various PSPs while extending services that support payments analysis, regulatory compliance, cybersecurity, anti-fraud protection and more. At the same time, eCommerce purchasing volumes are surging, with the month of April seeing a 23.5

Compliance 75

Compliance Currencies eCommerce Securities 75

PYMNTS

APRIL 30, 2020

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

eCommerce 52

eCommerce Invoicing Marketing Currencies 52

PYMNTS

APRIL 26, 2019

Bitcoin , through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites. Amazon itself does not handle the bitcoin, and it was not clear which financial institutions are converting it from crypto to fiat (real currency) so merchants can receive actual money. Fun, Odd and Edgy.

B2B 70

B2B Compliance B2C Currencies 70

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? You can imagine how all of these factors will come together to drive eCommerce across the region.”. Consider the fact that eCommerce generated $16.5 The ingredients for a revolution in payments across the region, fueled by demographics and technology, seem to be there.

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

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 Numbers Currencies Compliance 94

PYMNTS

AUGUST 22, 2019

Paying with digital currencies is becoming more and more prevalent internationally, and every industry is affected. With our pilot operation in the A1 shops we are testing the demand and acceptance of digital currencies in Austria,” Markus Schreiber, head of A1 business marketing, said in the press release.

Currencies 61

Currencies Compliance Economics Sales 61

PYMNTS

OCTOBER 21, 2020

At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. The average multinational firm works with six separate banks and six currencies. Cross-border online sales in the U.S.

eCommerce 63

eCommerce Healthcare Currencies Compliance 63

PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed.

B2B 104

B2B Reconciliations Risk Management Accounting 104

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 Financial Systems Construction 79

PYMNTS

SEPTEMBER 29, 2017

Through the EU’s passporting system, the new license enables PingPong to operate throughout the continent, thus better facilitating eCommerce transactions between China and Europe through PingPong’s cross-border eCommerce payments services. It is the sole payment platform to focus exclusively on repatriating eCommerce revenue to China.

Securities 51

Securities eCommerce Compliance Startups 51

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. But to tap into that potential, eCommerce firms, global though they may be, must address new markets with a local mindset.

eCommerce 52

eCommerce Currencies Sales Banking 52

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

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 eCommerce 71

PYMNTS

MAY 6, 2019

Credits was a virtual currency and payments platform used to power in-app purchases on Facebook. And this plan is a way for Facebook to leapfrog them by using cool, modern tech and stablecoins tied to fiat currency – today’s hot payments play – and keeps them out of the bitcoin fray. Does this sound a little self-serving?

Currencies 83

Currencies Leverage Planning Investments 83

PYMNTS

MARCH 1, 2019

Through the last several years, Ersek noted, he has focused Western Union on creating a cross-border platform that enables cross-currency transactions. Ersek noted that his company’s burgeoning relationship with eCommerce juggernaut Amazon offers a spotlight on how at least part of that global strategy will play out.

Sales 56

Sales B2C Currencies Leverage 56

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 Currencies Compliance Startups 46

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

MAY 6, 2016

Inability to support multiple languages, currencies and transparency on the final cost of the product turn shoppers off. based global eCommerce sites accept foreign currencies, and research tells us that customers are more likely to abandon shopping carts that only show U.S. dollar pricing.”.

Currencies 47

Currencies Transportation eCommerce Compliance 47

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 eCommerce Leverage Technology 47

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. The near-term road map for Nash, beyond cryptocurrency trading, is to move to securities (amid smart contracts) as licensing and compliance is achieved for each case. Blockchain for Trading .

Currencies 58

Currencies Securities eCommerce Compliance 58

PYMNTS

JANUARY 21, 2019

Reuters reported small business groups have been vocally criticizing the government of Modi during the last year after many business owners were hurt by the ban in 2016 of high-value currency notes. In recent months Modi’s Bharatiya Janata Party (BJP) changed eCommerce rules to favor small business owners.

Currencies 49

Currencies Compliance eCommerce Banking 49

PYMNTS

SEPTEMBER 17, 2018

For airlines and hotels, catering to customers from around the world means dealing with a long list of complications, including accepting payments in a host of local currencies, complying with national and international regulations, and finding ways to afford or offset the high price of processing fees.

Prioritization 49

Prioritization Currencies Securities Compliance 49

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. It automatically processes “foreign exchange, settlement and money movement requirements for international eCommerce transactions,” the company said.

Foreign Exchange 61

Foreign Exchange Retail Compliance Currencies 61

PYMNTS

JUNE 19, 2020

Visa, Facebook Link Up For P2P Payments, eCommerce On WhatsApp. The support of local payment methods , while ensuring know your customer (KYC) and anti-money laundering (AML) compliance as well as tracking currency exchange rates can put pressure on the resources of retailers.

Profit and Loss 60

Profit and Loss Prioritization B2B Manufacturing 60

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

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.

Currencies 59

Currencies Prioritization Securities Education 59

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. To that end, ModusLink Corp.,

Invoicing 41

Invoicing Currencies B2B eCommerce 41

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 Currencies Compliance 51

PYMNTS

NOVEMBER 7, 2019

However, as has been the case in so much of eCommerce, venturing into new geographies means companies must grapple with a host of new issues. Depending on how far afield they expand, those issues can span currencies, locally preferred payment methods and, increasingly, taxes. Last year, in the case of South Dakota v. Some Advice.

Compliance 40

Compliance eCommerce Sales Economics 40

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. Now, innovators are turning their focus to accounts payable so that suppliers, too, can be paid quickly in their own currency. Forex – Currency Exchange.

Accounts Payable 40

Accounts Payable Currencies Compliance Accounting 40

PYMNTS

SEPTEMBER 13, 2017

Enter PingPong Global , which makes it easier for SMBs, manufacturers and global brands to collect cross-border payments from customers across eCommerce marketplaces as ubiquitous as Amazon, Wish and NewEgg. PingPong Global maintains that it has solved that complex part of the SMB business for its marketplace partners in the Chinese economy.

Foreign Exchange 40

Foreign Exchange eCommerce Compliance Manufacturing 40

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

FEBRUARY 13, 2017

For merchants, conducting cross-border trade often means following another nation’s local rules around payment acceptance, compliance, taxes and physical requirements and a host of other factors that vary between borders. He noted that Worldpay’s 2016 Global Payments Report anticipates the global eCommerce market will grow by 10.4

Compliance 40

Compliance eCommerce Economics Manufacturing 40