Cross-border Payments

Cross-border Payments
Ant Group Could Share Data With China Via Credit-Scoring Partnership
June 23, 2021

Jack Ma’s Ant Group is in the midst of discussions with enterprises owned by China that would create a credit-scoring firm while making Ant’s data transparent to the country’s regulators, The Wall Street Journal reported on Wednesday (June 23), citing sources. Get the Full Story...

Cross-border Payments
China’s Pandemic Border Restrictions To Stay In Place
June 22, 2021

China’s border restrictions enacted for the COVID-19 pandemic are staying in place for a minimum of one year, with Beijing officials raising concerns over new strains of the virus as “sensitive” events are on tap, The Wall Street Journal reported on Tuesday (June 22), citing...

Cross-border Payments
Fiserv, Deutsche Bank Team On Payment Acceptance For German SMBs
June 21, 2021

Fiserv and Deutsche Bank are working together on a joint venture to provide payment acceptance and banking offerings to small and medium-sized businesses (SMBs) in Germany – pending regulatory approval, according to a Monday (June 21) announcement. Get the Full Story Complete the form to...

Cross-border Payments
Today In Payments Around The World: UK Gets 100th Tech Unicorn; Investment Heats Up In...
June 17, 2021

In today’s top payments news around the world, the technology industry in the United Kingdom has achieved a significant milestone, while global investment is heating up in the Middle East and Southeast Asia. Plus, Societe Generale has chosen Temenos to modernize corporate banking in Asia...

Cross-border Payments
The UK Crowns 100th Tech Unicorn
June 17, 2021

The United Kingdom tech industry hit a major milestone on Thursday (June 17), with 100 tech firms in the country reaching a valuation of at least $1 billion to attain unicorn status, according to an announcement that cited Tech Nation and Dealroom data. Get the...

Cross-border Payments
Today In Payments Around The World: Checkout.com Buys Icefire; Bringg Wraps Up $100 Million Series...
June 16, 2021

In today’s top payments news worldwide, Checkout.com has acquired Icefire, while Bringg has raised $100 million in an Insight Partners-led funding round. Plus, Vodafone and Amazon Web Services collaborate to bring “edge computing” to business clients in the United Kingdom. Get the Full Story Complete...

Cross-border Payments
Amazon Lures Sellers As Vietnamese Exports Surge
June 16, 2021

Amazon is looking to expand its eCommerce relationship with Vietnam and is recruiting merchants to join its marketplace as exports in the country soar, Nikkei Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Today In Payments Around The World: EBANX Lands $430 Million Investment; Klarna Launches Tool For...
June 15, 2021

In today’s top payments news around the world, EBANX has notched a $430 million investment from Advent International, while Klarna is rolling out a new Comparison Shopping Service (CSS). Plus, Hims & Hers will buy United Kingdom-based Honest Health. Get the Full Story Complete the...

Cross-border Payments
Virtual Pop Stars Drive $35 Billion Industry In China
June 13, 2021

Virtual pop stars are a rising trend in the music business and have been raking in tens of billions in terms of funding, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...