A股三大指数早盘集体下挫，截至午盘，沪指跌0.17%，深成指跌0.68%，创业板指跌1.46%，北证50指 数跌0.74%，沪深京三市半日成交额15966亿元，较上日缩量532亿元。全市场超2300只个股上涨。 板块 题材上，小金属、算力租赁、云计算、煤炭开采加工、跨境支付、钢铁、光伏设备、AI应用、旅游及 酒店板块涨幅居前；造纸、PCB、CPO、存储芯片、电池、光刻机、PET铜箔板块跌幅居前。盘面上， 受涨价催化影响，钨、稀土等稀有金属板块集体爆发，中钨高新、章源钨业、中稀有色多股创历史新 高。中国AI Token的调用量首超美国，反映云计算需求旺盛，算力租赁板块盘中大幅拉升，云天励飞、 城地香江多股收获涨停。太空光伏方向同样走高，钧达股份、双良节能双双封板，机构认为"算力上 天"已成共识。此外，煤炭、跨境支付、电力等板块均有异动。另一方面，隔夜英伟达创去年4月16日以 来最大单日跌幅，CPO、PCB等算力硬件股多数回调，新易盛、中际旭创、胜宏科技盘中跌超5%。 ...

Remitly Global (NasdaqGS:RELY) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Company ParticipantsDavid Beckel - VP of Investor RelationsMatt Oppenheimer - Co-founder and CEOSebastian Gunningham - Incoming CEOVikas Mehta - CFOConference Call ParticipantsAditya Buddhavarapu - VP and Equity Research AnalystAlex Markgraff - VP and Equity Research AnalystChris Kennedy - Senior Equity Research AnalystDarrin Peller - Managing Director and Senior Equity Research AnalystRamsey El-Assal - Managing Director and ...

Core Insights - The LianLian Cross-Border Merchant Confidence Index for January 2026 indicates an overall recovery in merchant confidence at the start of the new year, reflecting a stable market opening despite significant behavioral divergence among merchants regarding inventory, recruitment strategies, and category selection [1][2]. Group 1: Confidence Index - The total merchant confidence index for January 2026 is 116, representing a 5% month-on-month increase; the current index is 93, up 7%; and the expected index is 139, which has increased by 2% [2][4]. - All three main indices show an upward trend, indicating a robust recovery in the cross-border market and stable seller confidence [2]. Group 2: Decision Divergence - In terms of recruitment, 80% of merchants are either pausing or slightly increasing hiring, reflecting a conservative outlook and a focus on maintaining current team sizes to avoid risks associated with blind expansion [5]. - Only 13% of merchants are actively expanding their workforce, indicating that genuine expansion motivation remains limited and is often tied to structural opportunities [5]. - For inventory decisions, 61% of merchants are increasing stock levels, suggesting a positive short-term demand outlook, while 23% are keeping inventory levels stable, and only 16% are reducing stock [6]. Group 3: Category Confidence Index - The confidence index for the Home & Garden category reached 115, a 13% increase, driven by sustained demand in the outdoor furniture and smart home appliance markets [9]. - The Fashion & Apparel category saw its confidence index rise to 111, a 3% increase, supported by fast fashion brands leveraging agile supply chains and social media marketing [9]. - The Electronics & Gadgets category's confidence index is 122, with a slight 1% increase, primarily fueled by innovations in AIoT devices and 3C accessories [9]. Group 4: Sales Growth Trends - 30.27% of merchants reported a sales growth of 5%-10%, a decrease of 4.75% month-on-month, indicating a contraction trend among mid-to-low growth merchants [10]. - 18.07% of merchants experienced negative growth, an increase of 4.50%, suggesting some merchants face post-peak pressure due to supply chain delays or inventory management issues [10]. - Conversely, 8.40% of merchants reported a growth of 15%-20%, an increase of 1.31%, indicating that a small segment of merchants with strong operational resilience continues to thrive [10].

Core Insights - Tether announced a strategic investment in t-0 network to support a cross-border payment settlement platform based on USDT [1] Group 1: Company Strategy - The t-0 network targets licensed financial institutions, utilizing stablecoins as the settlement basis [1] - The platform aims to achieve low-cost cross-border fiat-to-fiat payments through a single API integration [1] Group 2: Risk Mitigation - The settlement process is designed to only settle on a net basis, which helps to reduce foreign exchange risk and capital occupation [1]

Core Insights - The article highlights the transformation of cross-border payment institutions from mere payment channels to essential infrastructure that empowers global trade, enhancing the competitiveness of Chinese manufacturing in the international market [1][4]. Group 1: Cross-Border E-commerce Growth - China's cross-border e-commerce has significantly expanded, with imports and exports projected to reach 2.75 trillion yuan by 2025, a 69.7% increase from 2020 [2]. - The demand for Chinese products, particularly in Africa, is growing, with high-end custom wigs selling for over $500, and even reaching approximately $650 in Nigeria [2]. Group 2: Payment Challenges and Solutions - Traditional cross-border payment methods face issues such as high fees, long transaction times, and currency management difficulties, making it challenging for private enterprises to operate internationally [2][3]. - Cross-border payment platforms like PingPong have introduced local wallet functions in Africa, improving transaction efficiency to seconds and allowing real-time settlements in local currencies [3]. Group 3: Role of Payment Institutions - Cross-border payment institutions are evolving into integrators of global financial networks, providing essential infrastructure for private enterprises to expand internationally [3][4]. - Companies like LianLian Technology have established a comprehensive global payment license framework, covering over 100 countries and supporting more than 130 currencies [5]. Group 4: Policy Support and Market Dynamics - The implementation of the Private Economy Promotion Law in May 2025 supports private enterprises in expanding international cooperation and investment [4]. - The cross-border payment sector is characterized by collaboration among various market players, including major platforms like WeChat Pay and Alipay, which cater to small and medium-sized enterprises [4]. Group 5: Future Development and Challenges - The cross-border payment industry is expected to grow as private enterprises accelerate their internationalization efforts, with many optimistic about future developments [6]. - Challenges remain, including the need for differentiated service coverage, risk management, and data security in cross-border transactions [6][7]. Group 6: Recommendations for Improvement - To address existing challenges, there is a call for systematic innovation, including the application of blockchain technology for enhanced transaction transparency and security [6][7]. - Strengthening local partnerships and leveraging AI and big data for dynamic risk modeling are recommended to improve real-time responses to cross-border transactions [7][8].

Ruvo是一家为巴西与美国之间的资金流动而创建的金融科技公司，日前宣布在一轮种子轮融资中筹集460万美元，用于开发其国际支付基础设施，并扩大 巴西个人和企业使用美元的渠道。据公司介绍，这是首个将加密货币与Pix结合起来、用于两国之间汇款的解决方案。本轮融资由1confirmation领投， Coinbase Ventures、Rebel Fund、Blast、Neer Ventures、First Check Ventures和Mission Street Capital参投，同时还有来自金融科技和Web3领域的天使投资人 参与。Ruvo还获得了Y Combinator的支持。该公司以 美元计价的美国账户形式运营，使巴西用户能够像身处美国一样 接收付款、进行转账、消费和投 资。其平台在 同一个应用 中整合了Pix、稳定币、银行转账以及Visa。 文章来源：巴西互联网创业 ...

在全球贸易中，许多外贸商家常面临以下支付痛点：汇率波动导致利润缩水、跨境到账慢影响资金周 转、手续费用不透明推高成本、提现结汇流程繁琐、多平台多币种管理困难，以及合规风险与账户安全 隐忧。 选择一家可靠、高效、低成本的跨境支付服务商，已成为企业出海过程中至关重要的一环。为 帮助企业更好地做出选择，本文从市场口碑、服务能力、产品创新、合规安全等维度，梳理出当前推荐 度较高的五大跨境支付品牌，助你找到最适合的全球资金合作伙伴。 iPayLinks艾贝盈 从事B2B外贸、跨境电商、国际物流、数字娱乐等多行业出海企业，尤其适合需要多币种收付、本地化 运营、合规退税的商家。 Wise Wise以其透明的汇率和低手续费在国际个人与小企业汇款领域享有高知名度。其采用"实际中间市场汇 率"计费，费用结构清晰，适合频繁、小额的国际转账。 iPayLinks艾贝盈成立于2015年，是一家以技术驱动的一站式跨境支付与资金清结算平台。公司已获得 腾讯、联想、元璟资本等知名机构投资，并连续11年获得PCI-DSS LEVEL1最高安全认证，持有新加 坡、中国香港、英国、美国等多国支付牌照，合规实力雄厚。 核心优势： 产品体系完整：覆盖 ...

双方代表于1月14日签署了战略合作意向书 全球领先的跨境金融科技服务商 Ksher开时支付正式宣布，与越南知名商业银行 海事商业银行 （Vietnam Maritime Commercial Joint Stock Bank，简称MSB）于北京时间1月14日完成了战略合作意向 书（MOU）的签署。双方将通过"科技+金融"的深度融合，共同开发新一代跨境支付解决方案，为进军 越南及东南亚市场的国际电商企业与B2B贸易商构建更安全、高效的资金通路。 抢滩东南亚：锁定万亿级跨境蓝海 当前，亚太地区正处于数字贸易的爆发期。据权威机构 FXC Intelligence 预测，到2032年，亚太跨境支 付市场规模有望突破23.8万亿美元。越南作为东南亚经济增长的"桥头堡"，凭借其金融服务数字化的加 速与国际贸易需求的激增，已成为全球企业竞相布局的核心市场。 此次 Ksher开时支付 与 MSB 的强强联手，不仅是顺应这一趋势的战略布局，更是对跨境支付核心痛 点"时效"与"成本"的精准破局。 高层寄语：共建智能支付生态 Ksher开时支付首席执行官Bryan 表示："MSB 是 Ksher开时支付在越南市场极具分量的战略合作 ...

展望未来，连连作为一家深耕跨境贸易领域十余年的数字科技公司，会始终以技术创新为核心驱动力， 持续携手全球合作伙伴打造极具差异化与竞争力的智能基础设施，共同推动跨境行业迈入更加智能化、 高效化的新时代，开启全球业务增长的新篇章。 近日，以"智驭未来：AI重塑金融新生态"为主题的2025年度AI金融创新发展论坛暨第八届司库品牌计划 发布仪式在北京举办。会上 "司库品牌计划"榜单正式发布，揭晓了2025年度在AI金融浪潮中勇于探索 并取得卓越成就的机构与企业。其中，连连数字凭借在AI技术应用和赋能方面的突出表现，荣膺"年度 AI金融创新应用领军机构"奖项。 此外，连连数字旗下跨境支付品牌连连国际正式对外官宣其打造的智能分析基础设施——LianLian跨境 商家信心指数。LianLian跨境商家信心指数于2025年1月年初推出，至今已连续发布12个月。该指数运 行在一套云原生×大数据×AI深度融合的智能平台之上，旨在提供反映卖家经营预期和行业信心的重要 参考指标，持续系统性量化追踪跨境电商环境的变化趋势。 ...

近日，港股上市公司连连数字旗下跨境支付品牌连连国际发布LianLian跨境商家信心指数2025年度回顾报告。该报告指出，2025年跨境卖家一边承受成 本与竞争压力，一边依然对未来经营保持投入与信心。 具体来说，健康美容与汽车工业全年多数时间信心高于总指数，显示出较强的抗波动性。健康美容受益于全球消费刚性与高端化趋势；汽车工业则依 托于DIY需求及卖家较强的成本转嫁能力。消费电子、家居园艺与时尚服饰信心起伏明显。主要因为这些品类与促销节点、关税政策、库存周期强相关， 如消费电子在年终需求刺激下大幅反弹，家居则在年末物流成本压力下回调。玩具、宠物用品及运动户外对关税、海运成本及特定市场合规新政（如欧盟 EN71、CBAM）反应极为敏感，信心常因政策风向而快速切换。 LianLian跨境商家信心指数旨在通过月度调研，持续追踪卖家经营现状与未来预期，为行业提供有价值的洞察与决策支持。该指数由总指数、预期指数 和即期指数构成。其中，即期指数反映卖家对现状的看法，预期指数反映卖家对未来3个月内预期的看法，而总指数由即期指数和预期指数综合计算得出， 用以反映跨境电商卖家对未来海外经济、行业环境及自身经营状况的预期，指数值大 ...