Month: <span>March 2025</span>

How to Spot and Prevent Invoice Fraud in Cross-Border Payments

Cross-border payments are an essential part of international trade, allowing businesses to pay suppliers, partners, and service providers overseas. However, with increased global transactions, the risk of invoice fraud has also increased. Fraudsters manipulate invoices to redirect payment to unintended accounts, leading to massive business losses. It is necessary to understand how to detect and […]
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How to Send Large Business Payments Abroad Securely

In the global economy today, companies tend to make cross-border payments for overseas suppliers, outsourcing services, or foreign market entry. However, big business international payments do not come without security risks, excessive fees, and regulatory challenges. Ensuring business continuity and financial efficiency is critical through safe and cost-effective international payments. This guide explains the best […]
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Understanding the Role of Encryption and ICO Compliance in FX Transactions

In a world with online transactions at the center of international trade, protecting financial details is more than ever crucial. Foreign exchange (FX) dealings, particularly those of banks and businesses, represent huge sums of money moving internationally, and these are thus liable to be prime targets for intruders and data thefts. How to send large […]
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How Virtual Cards Can Help SMEs Control Business Spending

Small and medium-sized businesses (SMEs) find it difficult to control costs, especially in an increasingly globalised business world. Traditional payment methods, including corporate credit cards and wire transfers, come with high fees, high FX rates, and slow processing. For international traders who are SMEs, controlling costs is key to remaining profitable. This is where virtual […]
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How to Pay Global Suppliers Without Losing Money in FX Fees

Businesses in the UK depend on foreign suppliers for goods, services, and raw materials in the current globalised economy. However, bank fees, poor exchange rates, and hidden FX fees can make cross-border payments expensive. These expenses have the potential to damage cash flow and can lower profitability if it is managed improperly. Inflated exchange rate […]
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How Construction Companies Can Manage FX Costs When Importing Raw Materials

The construction industry in the UK relies greatly on foreign raw materials such as steel, timber, cement, and machinery. As exchange rates are volatile and global trading becomes increasingly complex, construction firms must find affordable ways how to  reduce foreign exchange costs for business transactions. Exchange rate volatility has the capacity to significantly impact the […]
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The Role of the FCA in UK Foreign Exchange Transactions

Why Businesses Should Use FCA-Authorised Payment Providers In today’s globalised economy, foreign exchange (FX) transactions are an essential aspect of doing business. Whether paying foreign suppliers, receiving funds from international customers, or holding multi-currency accounts, the ability to exchange currencies safely, quickly, and at competitive rates is vital. However, foreign exchange is exposed to risks […]
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Understanding KYC & AML Compliance for International Transactions

In today’s globalised financial world, money crosses borders daily. But more cross-border transactions translate to more challenges, especially regulatory compliance. Proper security controls that safeguard individuals and businesses from money laundering, financial crimes, and fraud have never been more critical. At the centre of the challenge are two compliance systems that are indispensable: Know Your […]
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How UK Manufacturing SMEs Can Secure International Funding & Manage FX Risks with KeyFX

The UK manufacturing industry has traditionally been one of the prime drivers of economic development, accounting for a substantial share of exports and jobs. But for small and medium-sized manufacturers (SMEs), growth in international markets is fraught with financial obstacles, such as access to funds and foreign exchange (FX) risk management. SMEs in this industry […]
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How Cultural Sensitivity Can Improve International Payments & Business Relationships for SMEs

As SMEs expand overseas, one of their biggest challenges is navigating cultural differences in business and finance. Cultural customs influence negotiation styles, contract terms, payment preferences, and trust-building in business relationships. Misalignment in these areas can lead to delayed payments, financial losses, and broken partnerships. For SMEs handling cross-border payments, understanding regional financial traditions is […]
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