Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses despite the economic slowdown in China, Bloomberg reported on Thursday (Oct. 17). Get the Full Story Complete the form to...
Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial Times, this means PayPal will be the only foreign company to have domestic and cross-border web services in China. Get...
The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs). Get the Full Story Complete the form to unlock...
Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and...
In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Subscriptions represent an increasingly powerful method of offering services to consumers. The sales model can appeal to users by providing access to offerings for a desired period of time without the commitment of purchasing, as with car subscriptions, or to personalized content, as is the...
Pay local — on a global scale. 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...
The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. Get the Full Story Complete the form to unlock this article and enjoy...
