9 Middle East and Africa Cross-border
Over 30% of all SWIFT cross-border
payments are now sent on gpi, and more than 230 banks, including 49 of the world's top 50 banks, have already signed up to the gpi service.
According to the study, the top few reasons for the growth in cross-border
shopping can be attributed to the novelty of accessing items that are not available in their own country (49 percent) or to discover new and interesting products (34 percent).
However, while one can make a cross-border
transfer and receive money between the mobile network platforms in the different countries, it is about the only thing you can do.There is no cross-border
mechanism akin to a visa ATM card to allow payment by mobile money.
According to the study, 68 percent of Filipino cross-border
shoppers bought clothing, footwear, or accessories online in the past year.
As a truly global, fast, secure and transparent cross-border
service, gpi is delivering real and tangible change, and the increase in its use is testament to the huge benefits it delivers to end customers.
relationships between citizens, commuters and companies are a significant factor in the study of how cross-border
regions may emerge as a continuum of sociability, identity and/or entrepreneurial activity.
The strong growth in the adoption and use of SWIFT gpi has been driven by demand for a faster, more transparent cross-border
She noted that the OSCE stands ready to enhance regional and cross-border
cooperation to further strengthen border security and facilitate the cross-border
flow of legitimate goods and services.
In the context of this territorial co-operation, the Euregios or Euro-Regions, as the cross-border
regions are called, are of particular significance.
KARACHI -- The People's Bank of China (PBC) has announced a raft of new measures to push a greater cross-border
role for the yuan that aim to 'contribute to opening up on all fronts'.
Low market volatility as a result of the relatively benign geopolitical environment and improved market sentiment were behind the increase in global IPO activity, which saw both cross-border
and domestic activity grow.
Muscat: The Middle East region's initial public offering (IPO) values were up an impressive 55 per cent year on year, from $676 million to $2.1 billion in 2017, while volumes also increased by 40 per cent, from four IPOs in 2016 to 12 IPOs in 2017, according to the latest Cross-Border
IPO Index prepared by global law firm Baker McKenzie.
Global IPO volumes in 2017 reached the highest level in a decade, according to the latest Cross-Border
IPO Index (as at 4 December 2017) by global law firm Baker McKenzie.
The Organisation for Economic Co-operation and Development (OECD), together with the Sahel and West Africa Club (SWAC), has released a report entitled 'Cross-border
Cooperation and Policy Networks in West Africa.' The need for mutual cross-border
assistance will increase substantially as the forecast population growth of nearly 200 million for West Africa by 2050 will encourage densification of regional and border settlements.