Cross-border Payments

Cross-border Payments
German Rep Resigns From ECB Board Amid Policy Disputes
September 26, 2019

Sabine Lautenschläger, Germany’s representative on the European Central Bank’s executive board, has resigned over the institution’s changes to its monetary policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
100+ Countries Meet In Geneva Over Global Mail Reforms
September 25, 2019

Postal representatives from more than 100 countries are meeting in Geneva, Switzerland to make sure that a global mail regulatory body remains in place, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Global Payments
Bill.com Reports 200+ Pct. Increase In Transactions, Payment Volume This Year
September 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. 25.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Eyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
September 24, 2019

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for the Chinese payments company.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
China To Send Gov’t. Reps To Private Firms To ‘Boost Local Manufacturing Industry’
September 23, 2019

China is set to assign government officials to work with 100 private companies, including eCommerce giant Alibaba, to “boost the local manufacturing industry,” according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Chinese Businesses Will Be Subjected To Social Credit Surveillance
September 23, 2019

Big Brother will keep an eye on Chinese businesses as the government’s social credit system compiles data on the country’s 1.4 billion people, The New York Times reported on Sunday (Sept. 22). Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Japan’s SoftBank Contemplates Investment In Brazil 
September 22, 2019

SoftBank Group is considering a gamble on Brazil and might advise high-growth firms to invest in the country, Reuters reported on Friday (Sept. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
UK Travel Firm Thomas Cook Needs $251M To Stay Afloat
September 20, 2019

Thomas Cook, a global travel company based in based in London, needs to find 200 million pounds for lenders or it could collapse, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Alibaba, Tencent Withhold Data To Defy China’s Credit Score 
September 19, 2019

Chinese tech titans Alibaba and Tencent are spurning the government’s private credit-scoring protocol by restricting access to customer data, The Financial Times reported on Thursday (Sept. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...