Cross-border Payments

Cross-border Payments
Report: Alibaba Founder Ma OK But ‘Lying Low’
January 05, 2021

After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Today In Payments Around The World: India’s ShareChat Could Complete Series E Round; Indonesia’s Gojek...
January 05, 2021

In today’s top payments news around the world, India’s social networking platform ShareChat is said to be close to finishing a Series E funding round led by Google and Snap, while Indonesia’s ride-hailing and payments platform Gojek is reportedly in talks with Tokopedia for a...

Cross-border Payments
Jack Ma Out Of Spotlight As Chinese Regulators Pounce
January 04, 2021

The eCommerce billionaire Jack Ma has been in the eye of the storm as China’s regulators have flexed their muscles and taken on FinTech companies. However, Alibaba Group Founder Ma has retreated from the public eye. Get the Full Story Complete the form to unlock...

Cross-border Payments
India’s Digital Payments Soar; Reserve Bank Launches Tracking Index
January 04, 2021

It’s been more than four years since India instituted its most recent demonetization policies. We’re a long away from the fall of 2016, when the administration under Prime Minister Narendra Modi announced the economic policy where 500 and 1,000 rupee notes would be demonetized. Get...

Cross-border Payments
Bank Of Jamaica Drafts Regulations For Country’s $4 Billion ePayments Industry
January 04, 2021

The Central Bank of Jamaica (BOJ) is looking to regulate the burgeoning eCommerce retail industry in the country, a report from the Jamaica Gleaner says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Ant Group’s Restructuring Could Slash Its Valuation And Slow Its Growth
December 29, 2020

Chinese giant Ant Group’s plan to put its online financial businesses into a holding company to satisfy regulators could slash the firm’s valuation, require billions of dollars in reserves and force Ant to retain big shares of loans it currently sells off. Get the Full...

Cross-border Payments
Today In Payments Around The World: Mytheresa’s Parent Files For IPO; Ant Considers Moving Financial...
December 29, 2020

In today’s top payments news around the world, Mytheresa parent company MYT Netherlands Parent B.V. said it has filed a registration statement to go public, while Jack Ma’s Ant Group is said to be considering moving all of its financial services units to a holding...

Cross-border Payments
Ant Mulls Rerouting Financial Services To Separate Holding Company
December 29, 2020

Jack Ma’s Ant Group is considering moving all of its financial services units to a separate holding company that would be regulated like a bank, Reuters reported on Tuesday (Dec. 29), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than...
December 29, 2020

In Los Angeles, a widespread glut of shipments has slowed down operations at the nation’s busiest container port complex, the Port of Los Angeles, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...