Cross-border Payments

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...

Global Payments
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in favor of leaving the European Union. Get the Full Story Complete the form to unlock...

Cross-border Payments
TransferWise Reports 66 Pct. Profit Growth YOY
September 18, 2019

TransferWise, one of Europe’s top five FinTech startups, announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. 18). Get the Full Story Complete the form to unlock this...

Global Payments
FinTech InstaReM Launches Remittance Service In Canada
September 18, 2019

Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Deep Dive: Tailoring Global Subscriptions To Local Markets’ Needs
September 18, 2019

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 to receive marketing communications from PYMNTS and...