Cross-border Payments

Cross-border Payments
Russian Regulators To Crack Down On US Big Tech In 2020
December 31, 2019

New Russian protectionist legislation takes aim at U.S. Big Tech companies as additional laws are being prepped to restrict content. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cross-border Payments
Convenience Stores Losing ATMs In UK Over Higher Fees
December 31, 2019

A decline in ATM usage in the U.K. has left many people resorting to only using their local shops to withdraw cash, due to a declining number of bank branches and free-to-use ATMs. However, the Association of Convenience Stores (ACS) said that the Link service’s...

Cross-border Payments
RBI Enables UPI Payments For Tolls
December 30, 2019

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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China Ramps Up SMB Loans To Boost Economy
December 30, 2019

Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by 30 percent, the Financial Times reported on Sunday (Dec. 29).  Get the Full Story Complete the form to unlock this article and...

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Ghana To Adopt West African ‘Eco’ Currency
December 29, 2019

Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported. Ghana is not part of the West African Economic and Monetary Union (UEMOA), which is...

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UK Insurance Firms Slash Technology Coverage
December 26, 2019

U.K. insurers will not be covering as much digital property and data as they previously did, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Italy To Start Taxing Big Tech Firms On Jan. 1
December 26, 2019

Italy has announced that it’s going to follow in France’s footsteps and tax big tech companies, a move that threatens to further complicate relations with the United States over the issue, according to a report by The Wall Street Journal. Get the Full Story Complete...

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JD Logistics Eyes Possible IPO At $8B To $10B
December 24, 2019

Chinese eCommerce company JD.com Inc.’s logistics unit is in early discussions with various banks about a potential initial public offering (IPO) that could raise $8 billion to $10 billion, according to sources close to the matter, Reuters said. Get the Full Story Complete the form...

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Russia Tests Internet Isolation Scenario
December 24, 2019

To see whether its internet services could work if it were to be separated from the worldwide internet, Russia conducted a series of tests. The review occurred during multiple days on networks that were specially designated, Reuters reported on Monday (Dec. 23). Get the Full Story...