Brexit is a sobering demonstration of what economic and market damage a superficial understanding and mismanagement of a country's financial markets and global trade can create.

At last the vast opportunities for peaceful international trade without the unidirectional imperative of mercantilism and the ravages of foreign currency fluctuation can be conceived of and implemented.  

Credit cards are – and will remain – the globally preferred payment method for ecommerce transactions thanks to integration into mobile payments. CNP payments are accepted worldwide and can be paid from multiple devices, presenting myriad challenges to mitigate CNP fraud. 

We should expect to see cross border selling continue to expand across the UK & Europe as merchants focus on emerging markets to sell their goods and services.

Broadridge Financial Solutions has completed its previously-announced acquisition of the North American Customer Communications (“NACC”) business of DST Systems, Inc. (NSYE:DST) for $410 million in cash, subject to post-closing adjustments.

State Street Corporation has completed its acquisition of GE Asset Management (GEAM) from GE (NYSE: GE). The transaction provides multiple benefits to State Street Global Advisors (SSGA) and its clients, including the addition of new alternatives capabilities, strengthening fundamental equity and active fixed income teams, and establishing SSGA as a leading provider of outsourced chief investment officer (OCIO) services.