Global payments trends in 2023 are set to be shaped by the significant macroeconomic challenges … [+] getty These are challenging times for the global economy, and for global payments this is manifesting as significant change in many aspects of the industry. The convergence of upended supply chains, an economic and stock market downturn and the aftermath of Covid-19 is causing many companies, across a wide variety of industries, to change how they are working – including how they engage with global payments. Global payments will change in 2023, and while for some this is likely to be a tough year, it represents a significant opportunity. With this in mind, here’s some of the biggest factors shaping global payments this year – and how they play into ongoing shifts in the industry. Changing global trade, shifting supply chains and B2B payments consolidation The macroeconomic conditions of 2022, and in particular Russia’s invasion of Ukraine, have transformed global supply chains and therefore significantly impacted the shape of global trade, with further changes expected in 2023. Although complete trade data is not yet available for all of 2022, early signs indicate that change is afoot. OECD data for the G20 showed […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
