Month: <span>February 2025</span>

Geopolitical tensions have always influenced the global economy, but recent developments have created complex challenges for UK small and medium-sized enterprises (SMEs). Trade disputes, shifting alliances, and economic sanctions continue to generate uncertainty, impacting supply chains, cross-border transactions, and market access. For UK SMEs operating internationally, managing financial risk and ensuring operational stability is crucial. […]

For businesses engaged in global trade, managing international payments efficiently is crucial. However, many companies unknowingly lose thousands due to hidden fees and FX rate markups imposed by banks and traditional financial institutions. These additional costs add up over time, affecting cash flow, diminishing working capital, and ultimately limiting growth opportunities. In this comprehensive guide, […]

Recent increases in US import tariffs on Chinese goods have disrupted global supply chains, significantly impacting UK small and medium-sized enterprises (SMEs) reliant on imported materials. Higher tariffs not only drive up costs but also introduce financial instability, particularly in foreign exchange (FX) markets. Fluctuations in currency exchange rates can further inflate expenses, making international […]

The European Union (EU) is introducing a new payment revolution through the Payment Services Directive 3 (PSD3). This update builds on PSD2, further enhancing security, competition, and open payment systems across Europe. For businesses engaged in cross-border transactions, understanding and complying with PSD3 is essential to developing functional payment systems and avoiding penalties. This blog […]

Global trade is the backbone of the world economy, allowing goods and services to cross international borders. However, one of the biggest challenges businesses face in international trade is payment delays. These delays create significant disruptions, affecting cash flow, supply chain stability, and business relationships. Small and medium-sized enterprises (SMEs) are particularly vulnerable due to […]

Remittances—the process of sending money from foreign countries to relatives—play a crucial role in the global economy. According to World Bank data published in 2023, the global volume of international remittances remained above $600 billion in low- and middle-income countries, sustaining families and driving inclusive economic growth. Cross-border transfers were once expensive and time-consuming, involving […]

The KeyFX Guide to Scaling a UK SME Internationally: Payments, FX & Banking Simplified When UK-based small or medium-sized enterprises (SMEs) expand their operations into international markets, they gain opportunities for increased revenue, market expansion, and business diversification. However, international growth also presents challenges, particularly in managing foreign exchange (FX), international payments, and banking complexities. […]

The Brexit referendum triggered significant financial changes in the UK, disrupting trade relationships with the EU. Small and medium-sized enterprises (SMEs) that once benefited from seamless EU trade now face increased processing costs, currency risks, and administrative burdens. In this evolving economic landscape, UK businesses need reliable partners to manage international payments efficiently. KeyFX provides […]