Cross-border Payments

Cross-border Payments
Spain Could Slowly Open Borders To Tourists By End Of June
June 03, 2020

After previously setting July 1 as the date to reopen for international tourism, which comprises 12 percent of its output, Spain is at work on plans to slowly allow tourists from nations determined to be safer when it comes to fighting the pandemic. The country...

Cross-border Payments
Chinese Giants Baidu And Midea Launch Joint Smart Appliance Push
June 03, 2020

Homeowners in China and beyond will soon be able to use smart speakers to turn on the lights and control the microwave under a new partnership between Chinese search and artificial intelligence giant Baidu and smart device manufacturer Midea Group. Get the Full Story Complete...

Europe
Mastercard’s Fintech Express Aims To Fuel European Startups
June 02, 2020

Mastercard has added a program designed to assist FinTech startups in Europe with quickly launching and expanding, the company announced on Tuesday (June 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Walmart’s Flipkart To Appeal Rejection Of Indian Retail License
June 01, 2020

Behemoth U.S.-based companies continue to encounter pushback from foreign business groups and governments against their expansion plans. 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
Sweden’s Economy Grew In Q1 In Absence Of Lockdown
May 29, 2020

Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Stripe Expands In Europe, Inks JCB Tie-Up In Japan
May 27, 2020

Stripe, a technology company that allows businesses to make and receive online payments, has launched in five more European countries, the San Francisco firm announced Wednesday (May 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
MoneyGram, Uber Offer Discount On Digital Money Transfers To Drivers
May 27, 2020

MoneyGram is partnering with Uber in order to offer discounts on money transfers to over 200 countries and territories, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Tencent Plans $70B Spend For AI, Cybersecurity, IoT Tech
May 26, 2020

Tencent plans to invest 500 billion yuan, or $70 billion, in cloud computing, artificial intelligence (AI) and cybersecurity over the next five years, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Uber India Lays Off 600 As Ride Demands Vanish Amid COVID-19
May 26, 2020

As India sees COVID-19 cases quickly climb for the seventh day in a row as of Tuesday (May 26), Uber, like most businesses in the country, is seeing a severe dropoff in the demand for its services and will layoff about 600 workers. Get the...