Yea or nay for Theresa May’s Brexit plan comes next week, via Parliament’s Dec. 11 vote. SMBs reliant on cross-border trade are exposed to volatility, so get ready for impact no matter which way the vote tips. Nawaz Ali, senior currency strategist at Western Union, walks PYMNTS...
U.K. banks are looking to prepare business clients ahead of Brexit in anticipation for tightened access to financing, Reuters reported on Tuesday (Nov. 27). Reports said U.K.-based financial institutions (FIs) are growing increasingly concerned that Brexit will lead to an increase in bad loans to...
Most U.S. businesses are over-exposed to risks related to interest rate and foreign exchange volatility, according to new Citizens Bank research. The FI published a report on Tuesday (Nov. 20) detailing the findings of a survey. Citizens asked more than 300 corporate professionals about how...
New data from WorldFirst shows small businesses (SMBs) in the U.K. are pressing past threats looming from Brexit and increasing their global trade volumes. The data, published Thursday (Aug. 2) on the WorldFirst blog, revealed that nearly one-third of the 1,000 small businesses surveyed said...
