Cross-border Payments

Cross-border Payments
China Moves To Regulate Companies Listed On Foreign Exchanges
July 08, 2021

China is moving forward in its push to further regulate companies whose shares are listed on foreign stock exchanges. The Cyberspace Administration of China, which reports to the country’s top leaders, will take on a new role — policing those companies, The Wall Street Journal...

Cross-border Payments
Didi’s Domestic Tiff Causes Ripple Effects From Wall Street To Chinese Super Apps
July 07, 2021

In China, the rise of the super app may face headwinds. 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, PYMNTS Today. By completing...

Cross-border Payments
UpGrad Sets Aside $250M For Global Online Education Acquisitions
July 07, 2021

India-based online education provider UpGrad is counting on the continued appetite of people around the world to learn from their couches with $250 million set aside for acquisitions across Africa, Indonesia and Vietnam that will expand its global footprint. Get the Full Story Complete the...

Cross-border Payments
Today In Payments Around The World: TravelPerk To Buy Click Travel; Grubhub Works With Yandex...
July 07, 2021

In today’s top payments news around the world, TravelPerk is buying Click Travel for an undisclosed amount, while Grubhub and Yandex SDG are teaming for robotic delivery on university campuses. Plus, ContextLogic B.V. (CLBV) has received a payment services license from the Dutch Central Bank....

Cross-border Payments
Wise IPO Maps The Digital Transformation Of X-Border Money Movement
July 07, 2021

In an age of stock market debuts across various verticals and listing types, Wise (formerly TransferWise) stands out across the Pond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Hong Kong To Meet With Big Tech On Data Law
July 06, 2021

Proposed changes to data protection laws shouldn’t concern U.S. data titans, according to Hong Kong’s chief executive, The Wall Street Journal (WSJ) reported. They’re needed to stop the practice of doxing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Big Tech’s Big China Trouble Makes Investors See Red
July 06, 2021

China — a market with hundreds of millions of consumers, a burgeoning middle class, with the attendant discretionary income — proves an irresistible lure for Big Tech firms hailing from China itself and abroad. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Emirates Airline Pushes ePayments To Avoid Interchange Fees
July 06, 2021

Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and their processing fees, the Financial Times reported Monday (July 5). Get the Full Story Complete the form to unlock this article...

Cross-border Payments
China’s Post-IPO DiDi Crackdown Shows Power Still Trumps Pragmatism In Asia’s Largest Economy
July 06, 2021

In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite its prominent name recognition and deep roster of foreign investors. Get the Full Story Complete the form to unlock this...