International

Latin America
Why Brazil Attracts The Attention Of Fuel Payments Firms
June 14, 2018

A recent fuel payments move by WEX highlights the increasing importance of South America — notably Brazil — to the fleet and freight industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

South Asia
Truecaller Thinks It Can Beat Paytm In India
June 14, 2018

While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...

Europe
Why An Insurance Startup Is Targeting Foreign Drivers In The UK
June 12, 2018

A startup in the United Kingdom called Marshmallow has raised $1.2 million in seed funding as it tries to use digital technology to lower auto insurance costs for foreign-born drivers there. The new capital comes amid a wider push in Europe to bring more standardization...

International
Switzerland Passes On Sovereign Money Initiative
June 11, 2018

An initiative to prohibit commercial banks in Switzerland from electronically creating money when they make a loan was overwhelmingly rejected by Swiss voters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Around The World With World Cup Commerce
June 09, 2018

In one week, the FIFA World Cup Men’s Soccer competition will kick off in Russia. For most of the world that is big news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Tencent Unveils Collaboration With Walmart China
June 08, 2018

Helping broaden the reach of Tencent’s mobile payments and mini program services, Tencent has unveiled a collaboration with Walmart China. With the relationship, Walmart will also be to expand digitally in the country, technode reported. Get the Full Story Complete the form to unlock this article...

International
US And China Reach Deal Over ZTE
June 08, 2018

After a shutdown of ZTE‘s operations that has lasted almost two months, the U.S. and China have come to a deal to get the Chinese telecommunications company back up and running. The U.S. had blocked exports to the company after it broke terms of a...

International
Tencent Seeks To Cut Paper Chase In Travel Between China And Hong Kong
June 06, 2018

The paper chase — the literal one — is about to get cut short amid distances well-traveled. News came Wednesday (June 6) via Reuters that Tencent Holdings is working with the Chinese government, eyeing the WeChat app as a way to substitute for travel documents —...

International
Amid Trade Tiff, China Offers to Buy $70B of US Goods
June 06, 2018

In a new wrinkle tied to the tariff tiff between the United States and China, the latter said it would be amenable to buying roughly $70 billion of U.S. farm and manufacturing goods. That buying spree would come if the U.S. walks away from levying tariffs...