Category: E-Commerce
Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s instant payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA credit transfers to be made within seconds and funds available to […]
Today, Standard Chartered and global payments platform Tazapay announced a partnership to deliver payments and commerce-enabling services as part of the bank’s broader initiative to provide curated financial services on B2B platforms. This builds on the momentum from the pilot launch of the digital Escrow-as-a-Service (EaaS) on Proxtera, a Singapore-based cross-border marketplace, in addition to […]
According to a recent study conducted by Grand View Research, Inc., the global fraud detection and prevention market is expected to experience substantial growth, reaching a value of £90.07 billion by 2030. The market is projected to grow at a compound annual growth rate (CAGR) of 17.6% from 2023 to 2030. The widespread adoption of […]
Estimated reading time: 4 minutes The UK’s first E-Commerce Trade Commission was launched on 13th June, to encourage 70,000 more small British businesses to trade and export online and help boost the economy by £9.3bn The Commission – made up of leading industry experts – is the first of its kind and will act as an […]
Estimated reading time: 2 minutes Finastra, a Worldwide Supplier of Financial Software and Platforms, has Joined Forces with ELCY, an Expert in E-commerce Systems for Managing International Trade Finance. Their Collaborative Effort is Aimed at Offering a Centralised Trade Finance Platform for Businesses. The joint Corporate Trade Finance Portal will facilitate secure and verified interactions […]
Trade finance software provider Surecomp has acquired UK-based ELCY Limited in a move to consolidate the increasingly digital trade finance landscape. ECLY provides e-commerce solutions for processing international trade finance.
