Cross-border Payments

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...

Cross-border Payments
Jumia’s Payments Unit Now One-Third Of Marketplace Revenue
July 01, 2021

Jumia Technologies in Africa is looking to keep building its eCommerce presence for the long term while adding to the momentum in its payments division, which now accounts for one-third of its overall business, according to a Wednesday (June 30) Bloomberg article. Get the Full...

Cross-border Payments
RBI: Big Tech In FinServ Threatens Emerging Market Ecosystem
July 01, 2021

The Reserve Bank of India (RBI) has warned against letting big tech companies into financial services in the country, a report from the Economic Times of India says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
The EU Unveils Its COVID Travel Passport
July 01, 2021

The EU Digital COVID Certificate Regulation went into effect on Thursday (July 1), making it easier for citizens and residents of the EU who have been vaccinated to travel through the region. Get the Full Story Complete the form to unlock this article and enjoy...