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Bracing up for a competitive and digitally integrated payments environment

Future CFO

Simultaneously, he highlights that the explosive growth of cross-border trade, especially fuelled by APAC’s booming eCommerce sector, has heightened demand for efficient and localised digital payment infrastructure. This is particularly true in APAC, where companies must juggle multiple jurisdictions, currencies, and compliance regimes."

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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age

PYMNTS

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. Overall, B2B eCommerce is stuck in the past, said Inxeption CEO and Co-founder Farzad Dibachi. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector.

B2B
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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example.

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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

The news agency said that while Pan stopped short of calling for Ant’s breakup, officials want the firm to set up a separate holding company to ensure its capital adequacy and regulatory compliance. Read More On Big Tech: Five Ways The Connected Economy And Big Tech Helped U.S.

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Navigating China’s New Regulatory Terrain

PYMNTS

GDPR and PSD2 , California’s AB5 and similar legislation popping up around the world finds regulators putting eCommerce and FinTechs on a short leash, as economies wrestle with huge financial changes that happened seemingly overnight. It’s ushering in a new era of regulation and compliance – and there will be ramifications.

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What We’ve Learned From Libra

PYMNTS

Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit. Libra took the position that the financial system is broken and that the cross-border movement of money is too expensive and clunky. Some innovators the world over are solving the real problems of these 1.5