Financial Crime
March 20, 2025
For consumers and businesses around the world, from emerging markets such as Bangladesh to advanced ones such as the United States or Germany, going online to shop is becoming a way of life. That trend will lead to global e-commerce sales more than doubling to nearly $4 trillion by 2020, according to research company eMarketer. What is even more remarkable is the growth in cross-border purchases. With more businesses buying online to get lower prices and better supplies, as well as consumers shopping cross-border to find cheaper products or something they can’t get at home, advisory firm Forrester expects cross-border online sales to make up 15% of all online commerce by 2021.
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