Cross-border Payments

Cross-border Payments
US Trade Representative’s Office Suspends Tariffs On French Goods
January 07, 2021

The U.S. is doing away with a program to levy tariffs on $1.3 billion of French goods as retaliation for that country’s revenue tax on Big Tech companies, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency...
January 07, 2021

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Plus, Indian B2B eCommerce platform Udaan...

Cross-border Payments
China’s Ant Group Mulling Creation Of New Consumer Loan Unit
January 07, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Trump Executive Order On WeChat, Alipay And Others Catch Consumers In The Middle
January 06, 2021

Call it the latest salvo amid tensions between China and the United States that may heat up. 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...

Cross-border Payments
i2c Chosen To Fuel Pakistan’s First Digital-Native Financial App
January 06, 2021

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 this form, you agree to receive marketing communications from PYMNTS and...

Cross-border Payments
Chinese Government Asks Ant Group To Share Consumer Data
January 06, 2021

Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group, which he’s largely resisted doing for years, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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...