global trade

What on-Soil Requests Mean for Cross-Border Payments Compliance
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024  |  Regulation

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services,...

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Payments Innovations Are Helping Put Supply Chain Nightmares to Bed
Payments Innovations Are Helping Put Supply Chain Nightmares to Bed
October 03, 2024  |  B2B Payments

Supply chains underpin the global economy, and inefficiencies in payment processes have emerged as a barrier to growth, resilience and cost control. On Thursday (Oct....

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BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
September 26, 2024  |  Technology

Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple...

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Swap Raises $9 Million to Launch Global eCommerce Platform
Swap Raises $9 Million to Launch Global eCommerce Platform
April 30, 2024  |  Cross Border Commerce

Swap has raised $9 million in a Series A round to launch its global eCommerce platform designed to facilitate cross-border shipments. The new Swap Global will...

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Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics
Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics
April 11, 2024  |  Supply Chain

One if by land, two if by sea — headaches, that is. With the recent news that, after 22 years of partnership, UPS is replacing...

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Closing the Books on the Global Challenge of X-Border Accounting
Closing the Books on the Global Challenge of X-Border Accounting
February 06, 2024  |  Cross Border Commerce

One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...

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Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
January 25, 2024  |  B2B Payments

Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades...

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World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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Swift Completes Successful Test of Global Trade Interoperability Solution
Swift Completes Successful Test of Global Trade Interoperability Solution
December 11, 2023  |  Cross Border Commerce

Swift has successfully tested a global trade interoperability solution in collaboration with BNY Mellon, Deutsche Bank and four electronic bills of lading (eBL) platforms. This solution has the...

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