Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true for retailers caught in the cross-hairs of the ongoing skirmish between China and the United States, where the latest (and...
China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than 2.5 percent against the U.S. dollar. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Starbucks has launched Starbucks Now, a program that lets people order food and drinks ahead of time and then come pick up their orders, in China, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In an effort to bolster non-cash payments in Vietnam, the country’s government is endeavoring to make a mobile money sandbox for companies in the telecom space. The plan is pending approval and could allow firms to test services for mobile money that are not connected...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Thyngs work with CDS Global to support contactless payments for subscriptions of magazines in the U.K. and Australia. Currencycloud is teaming with Lithuania’s Evarvest for cross-border payments, Alipay and ininal...
Mexican President Andrés Manuel López Obrador is in support of big banks that want to expand in Mexico. 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...
After a blacklist by the United States, Chinese Telecom giant Huawei is considering creating its own operating system for its mobile phones and will also consider alternatives to Google’s Android, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the results of a ranking of cities and states in terms of digital payments adoption in India. Banking service Monese now offers Apple Pay through 13 countries in Europe, as...
China has surpassed the United States to lead the smart speaker market. 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...
