Despite government incentives, travel bookings are down in Italy, The New York Times reported. 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...
Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K.-based Fidel, which builds out tech infrastructure for card-based loyalty reward programs, is jumping across the pond to expand into the U.S. market, while also appointing a new executive to lead the effort. Get the Full Story Complete the form to unlock this article and...
In a dramatic turnaround, China’s economy expanded 3.2 percent in the second quarter of 2020, compared to April through June of last year. This success contrasts with the world’s other major economies, which are still reeling from the COVID-19 crisis. Get the Full Story Complete...
Google plunged deeper into India’s tech market by striking a $4.5 billion deal that, if approved by the country’s regulators, would give it a 7.7 percent share in Jio Platforms, according to a Wednesday (July 15) press release. Get the Full Story Complete the form...
The United Kingdom has reversed course on Huawei, announcing plans Tuesday (July 14) to start banning companies in the country from buying equipment from the Chinese telecom and mobile phone giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
An international association for central banks has issued a report that “aims to make lasting improvements in cross-border payments.” The current problem, according to the report, is that the payments setup “can be slow, expensive, unreliable” — or even unavailable in some countries. Get the...
The phrase “shop ‘til you drop” hasn’t been used for months as the world hunkered down to stop the spread of COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Once on a mission to buy up Southeast Asian banks, Japan’s biggest lender is now focused on digital investments to reach new customers and streamline operations, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
