PYMNTS

OCTOBER 4, 2019

million in the B2B eCommerce startup, MENAbytes reports said. With $100 million in new funding, Rapyd plans to expand its API platform used by business clients to empower its own capabilities, including online checkout, funds collection, funds disbursement, compliance, foreign exchange management, card issuing and more.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JANUARY 30, 2019

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. Then the first money laundering directives came out, which started to mandate more and more in the realm of customer due diligence, so the company added a compliance check.

Foreign Exchange 74

Foreign Exchange Compliance Startups Currencies 74

PYMNTS

FEBRUARY 18, 2020

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Requiring multifactor authentication (MFA) could add frictions to companies’ payment systems and customer experiences, but such tools are necessary to enable smart authentication and compliance decisions.

Foreign Exchange 52

Foreign Exchange Reconciliations Compliance Banking 52

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Read More On Big Tech: Five Ways The Connected Economy And Big Tech Helped U.S.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

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.”. The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates.

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

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 Compliance Retail Currencies 61

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 Compliance eCommerce Manufacturing 40