Category: Doing Business Overseas

The rapid digitisation seen across the world has enabled technology companies to prosper, as the rising levels of digital fraud meant companies, across all industries, have needed new tech to fight the growing problem. Whilst some have believed they can set up the processes to identify and prevent fraudulent activity themselves, Ondato has suggested that…

The DET-Visa study recommends public and private sectors to work together to help support MSMEs’ recovery needs and their digital transformation. The Department of Economy and Tourism (DET) in Dubai and the Visa Economic Empowerment Institute (VEEI) conducted a joint study to assess the resilience of small businesses in Dubai during COVID-19. The resulting whitepaper,…

Brazil’s Open Banking and Finance ecosystem will soon be the largest in the world, according to speakers at an industry event. Open Banking Excellence (OBE), the global centre of community and knowledge, driving change in open finance, gathered key players in the finance industry around its digital Campfire, to celebrate the launch of payment initiation in…

GoCardless is a global fintech firm founded in the UK, offering innovative digital bank-to-bank payment solutions. The company entered Australia in 2018 and has clocked impressive growth within a short period, among small businesses and large enterprises. In this case study, Joseph Robins, senior account executive for Australia & New Zealand, discusses the company’s journey…

Often ignored as a boring fintech subsector, insurtech is in the midst of reinventing itself to fit into today’s digital-first era. Straits Research expects the global insurtech market to reach a valuation of more than $114 billion by 2030, growing at a CAGR of 46.10% from now until that time. We’ve rounded up a handful…

The cross-border education payment services platform EasyTransfer is forming a partnership with the Indian payments and banking solutions company Cashfree Payments to create a platform for Indian students to make international payments to universities and educational institutions abroad. The platform is expected to be fully operational by the end of this month, and will reportedly…

Ant Group unveiled a digital bank called ANEXT Bank focused on serving SMEs. ANEXT Bank is soft launching today and will be widely available in the third quarter of this year. ANEXT Bank is collaborating with Proxtera, a Singapore company that broadens access to global trade. China tech giant Ant Group announced the launch of…

Automating data migration is key to supporting a move to the cloud. Scott Carter, chief technology officer at payments firm TSYS, shared lessons the company learned from its migration to Amazon Web Services at the recent Amazon Web Services Symposium in New York. TSYS was acquired for $21.5 billion in 2019 by Fortune 500 payments…

Cloud-native trade finance platform TradeSun has big buy-in from JPMorgan Chase. Founded in 2018, TradeSun automates cybersecurity, compliance and document processing for digital trading at banks, and counts the $1.2 trillion Lloyds Bank and technology consultancy IBM among its partners. Central to TradeSun’s growth is a partnership with $4 trillion JPMorgan Chase, which began with…

A new offering by the fintech Plaid is designed to help banks and credit unions create application programmable interfaces (APIs) that meet Financial Data Exchange (FDX) specifications. Called Core Exchange, the API offering incorporates the FDX open banking specification, “but designed to simplify where that specification is a bit opaque and allow for an easy…