India’s Open Network for Digital Commerce (ONDC) has begun facilitating B2B transactions. The government-backed eCommerce network started testing the B2B expansion in May after beginning to handle transactions between...
Earlier this month, Jamaican Senator Aubyn Hill announced the creation of a “digital marketplace” for e-commerce to enable consumers to pay with the country’s central bank digital currency (CBDC),...
Expectations for faster payments are rising, thanks to increased banking innovation and accelerated eCommerce adoption. As the United States readies for the Federal Reserve’s FedNow Service rollout, the speed...
Across the African continent, cross-border payments are slow, costly and highly fragmented. As a result of that tripartite challenge, “there might be 16 to 18 hubs for a payment...
Meta Platforms is debuting a digital clothing store to let users buy designer outfits for avatars, where there would immediately be items from Balenciaga, Prada and Thom Browne, according...
Pressured businesses are on the edge to provide support to the increasing volume of cross-border transactions as eCommerce continues to and will grow, even after the pandemic ends; an...