Amid stepped-up regulatory scrutiny of Big Tech firms in China, the country’s antitrust watchdog is reportedly getting ready to hit food delivery platform Meituan with an almost $1 billion financial penalty, The Wall Street Journal reported on Friday (Aug. 6). Get the Full Story Complete...
Amid an increased focus on COVID-19 vaccination and a recovering services industry, Kenya anticipates that its economy will bounce back strong in 2021, up 6.6 percent this year after a growth of 0.6 percent in 2020. Get the Full Story Complete the form to unlock...
Lloyds Bank said Tuesday it would team with Visa to equip clients in Europe using its corporate charge cards with straight-through processing (STP) technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Point-of-sale platform Lightspeed on Tuesday (Aug. 3) announced that hospitality merchants in Germany, Switzerland, France, Belgium and the Netherlands now have access to Lightspeed Payments, joining hospitality businesses in the U.S. and retailers in Canada and the U.S. Get the Full Story Complete the form...
Chinese state media publication Economic Daily called online gaming a “spiritual opium,” which prompted Tencent to introduce new rules for young players, starting with its flagship “Honor of Kings” game, according to multiple media reports. Get the Full Story Complete the form to unlock this...
With Hong Kong remaining cut off from tourism, retail sales growth has missed expectations, Bloomberg News reported on Monday (August 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
London FinTech Monzo is facing an investigation from the Financial Conduct Authority (FCA) over allegations of possibly violating anti-money laundering (AML) laws, Financial Times reported on Friday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Denelle Dixon, CEO and...
Ride-hail superstar Didi squashed rumors that it was considering an exit from the public markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
