Cross-border Payments

Cross-border Payments
US Government Won’t Ban Investments In Alibaba, Tencent, Baidu
January 13, 2021

The U.S. government will allow Americans to keep investing in Chinese tech firms Alibaba, Tencent and Baidu after the economic impact of banning them was deemed greater than any threats, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Today In Payments Around The World: Mynt Lands $175 Million In Funding; Airtel Teams With...
January 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Plus, the United Kingdom and the European Union are set to begin discussions...

Cross-border Payments
Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls...
January 12, 2021

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Plus, Delivery Hero is launching an early-stage venture...

Cross-border Payments
UK, EU Begin Negotiations Over Financial Services Regulation
January 12, 2021

The United Kingdom and European Union are set to begin talks on how to regulate the financial services sector now that Brexit has taken effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Pakistan Launches Payment System To Boost Financial Inclusion
January 11, 2021

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. 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...

Cross-border Payments
China’s New Commerce Rules Fight Back Against US Sanctions
January 11, 2021

China’s Commerce Ministry has unveiled new rules that prohibit companies from complying with sanctions it deems “unjustified” — regulations that, if enforced, could take the teeth out of some U.S. diplomatic measures. Get the Full Story Complete the form to unlock this article and enjoy...

Global Payments
Mexican Remittances Set Surprising US Record
January 10, 2021

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. economy took due to the pandemic, The Wall Street Journal reported, citing data from Mexico’s central bank. Get the Full Story Complete...

Cross-border Payments
UK Regulators To Probe Google Chrome Changes Over Antitrust Fears
January 08, 2021

Concerns continue to grow over Google’s plan to update the Chrome web browser, with the U.K.’s competition watchdog reportedly eyeing the issue of third-party cookies, in particular. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
China’s Cyberspace Watchdog Mulls Stricter Online Oversight 
January 08, 2021

The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and...