Sep 21, 2020
Cross-border payments are changing and business owners expect to transfer money quickly. SWIFT gpi allows community financial institutions to meet their customers’ needs and generate additional fee income for their institution.
Jun 20, 2017
Are you currently providing international services for your customers? The global market is growing and with small businesses making up 97% of all exporters, your customers will be growing too. Knowing how to support your business customers will deepen long-term customer relationships with an enhanced suite of services.
Sep 20, 2018
As your customers expand their businesses across borders, they need to know that your financial institution can provide international services like foreign wires or check clearing. You easily can with PCBB as a partner. Join us for a complimentary 30-minute webinar where we will discuss the benefits of using international services.
Nov 23, 2022
The pandemic caused many smaller companies to adopt digital technologies that expanded their ability to reach customers across the US and in other nations. Many of the companies say that cross-border commerce is a way to grow businesses and keep up with the competition. As a result, CFIs with international payment solutions may have opportunities to strengthen relationships, add new customers, and grow fee income.
Oct 28, 2022
The European Payments Initiative is moving forward and is poised to change the global banking landscape if it is successful. We discuss what those changes look like and how they could affect US financial institutions.
Oct 18, 2022
The US dollar is at parity with the euro for the first time in 20Ys, and up against numerous other foreign currencies. That’s not necessarily a good thing for companies that do business overseas. American goods are more expensive, and the dollar’s strength deflates the value of funds earned overseas. We discuss ways you can support your commercial customers who have international business ventures.
May 26, 2022
According to the FDIC, there are approximately 7MM US households that remain unbanked and over 50MM that are underbanked. These groups have received more attention from regulators lately. While we know you are reaching out to them in your communities, we give you five strategies to help engage these potential customers.
Nov 22, 2021
The pandemic threw a major curveball at everyone, especially small businesses. Many changed gears and moved to an e-commerce model, which helped them survive. With fewer geographic barriers, global payments soared and the value of global digital payments is expected to increase 22% YoY in 2021. Here are three ways that community financial institutions can help their customers continue to thrive with global payments.
Oct 18, 2021
Small businesses are busy overseas. They are looking for more opportunities to not only grow, but sometimes survive. Last year’s e-commerce boom made international business even easier for many businesses. Small business international wire transfers increased to 17% last year from 10% in 2019. Is your institution supporting its customers with international payment solutions? If not, the competition will.
Apr 16, 2021
The cross-border payments market is valued at $21T and is growing at a 90% compound annual growth rate. This is one big reason to consider providing cross-border payments to your business customers. We have four more: small and medium businesses are engaging in more foreign trade, they trust their banks for help, you generate more fee income, and you can strengthen your relationship with your customers.
Mar 25, 2021
The WTO forecasts trade volumes will increase by 7.2% in 2021, bringing back robust global commerce. With that, community financial institutions will want to support their international business customers and trade finance is one way to do that. Not only does this help your customer, but your institution benefits as well with good returns, resilient assets, low defaults, and more.
Mar 11, 2021
As your small business customers expand to Canada, Mexico, and beyond, you will want to grow with them. If you provide international payment services, you can support them and gain valuable fee income. We map out what these customers are looking for in international payment solutions.
Jan 26, 2021
Wire processing automation was spurred on by the pandemic. Yet, there are several reasons to consider it for the long-term, including faster processing, more money saved and earned, and fewer errors. We provide you with all the information you need to get started.
Nov 17, 2020
While the coronavirus had thrown import and export business for a loop, trade is starting to normalize. So, it is a good time to think of how to serve international business customers.
Jul 27, 2020
After the global slowdown ends, international business will expand again. We offer you steps to guide your international customers when this happens.
May 27, 2020
If you provide international wires for consumers, you will want to know about the latest regulation modification. We give you the specifics.
Jan 16, 2020
Many community financial institutions haven't seen the growth in small businesses that they'd like. We have some tips.
Nov 19, 2019
The EXIM lets community banks write bigger lines of credit with less risk and stronger profits. What your institution should know.
Oct 23, 2019
With more SMBs buying and selling overseas as well as traveling internationally, there is a growing demand for foreign bank notes and other international services. Can you meet this demand?
Oct 17, 2019
McKinsey reports that more people and entities will regularly use international payments in the next 5Ys. Is your institution ready for this?
Sep 20, 2019
Many community banks are looking to increase their back office efficiency and provide faster availability of funds, with checks between the US and Canada. We explain how this can be done.
Sep 9, 2019
Small businesses are at the forefront of international trade. We provide tips to ensure they come to you for international services.
Apr 19, 2019
Small businesses are increasingly selling local, but thinking global. Community banks can increase and build deeper relationships by helping these business customers go international.
Oct 11, 2018
Export finance might seem risky to some bankers, yet it can benefit your bank and your international business customers. We walk you through it.
Aug 3, 2018
While many small and mid-sized business customers focus within their geographic region, an increasing number are extending well beyond that and selling to customers overseas. We provide you with some ways to help them do this.
May 30, 2018
An OFX study found that 58% of small businesses had international customers. Canada provides small business customers with an opportunity to grow their businesses internationally. How your bank can help.
Dec 26, 2017
Millions of international wire transfers go through the financial web each day. But, wire fraud can and does happen. What one bank's lesson can teach your bank.
Nov 20, 2017
Could asking more questions help bankers get more business? What one recent case study shows.