Cross-border Payments

Cross-border Payments
Brazil Planning IPO For State-Run Digital Bank
October 20, 2020

Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal, according to a Reuters report on Tuesday (Oct. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Mastercard’s Priceless Planet Coalition Adds Members To Fight Climate Change
October 20, 2020

Mastercard has announced the expansion of the Priceless Planet Coalition to continue combating climate change, a press release says, with dozens of new contributors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
China Central Bank Expects Country’s Economy To Grow 2 Pct This Year
October 18, 2020

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
China Drafts Updates To Commercial Bank Regulations
October 16, 2020

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft of updates to legislation applicable to commercial banks, Reuters reported. Get the Full Story Complete the form to unlock this...

Cross-border Payments
No Deal For Russia’s Yandex Merger With Tinkoff Group
October 16, 2020

Russian search giant Yandex said in a statement on Friday (Oct. 16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Report: Trump May Put Ant Group On Trade Blacklist
October 14, 2020

The U.S. State Department has proposed President Donald Trump add FinTech Ant Group, which has strong ties to the  Alibaba Group empire, to a list of foreign companies to which U.S. companies cannot sell certain technology, Reuters reported Wednesday (Oct. 14), citing sources. Get the...

Cross-border Payments
Today In Payments Around The World: Nuvemshop Lands $30M In VC Round; Alibaba Speeds Up...
October 14, 2020

In today’s top payments news around the world, Nuvemshop, a LATAM alternative to Shopify, has notched $30 million in a venture capital round, while Alibaba is going deeper with its ShipStation partnership. Plus, PayPal is rolling out its PayPal “Pay in 3” buy now, pay...

Cross-border Payments
Japan’s Startup Index Soars To Highest Point Since 2006
October 14, 2020

The Tokyo Stock Exchange Mothers Index, which tracks Japan’s startups, has climbed back up this year to finally match an earlier high set in 2006. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
India Turns To Deregulation To Boost Pandemic Economy
October 13, 2020

Indian Prime Minister Narendra Modi is looking to governmental overhaul and deregulation as the solutions for the country’s coronavirus-ensued economic crisis, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...