International

Europe
EU Proposed Law Aims To Make Friends With FinTech
March 06, 2018

As the European Union (EU) prepares for the U.K.’s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. Get the Full Story Complete the form to unlock this article...

WeChat Now Has 1 Billion Global User Accounts
March 06, 2018

China’s WeChat has cracked the billion global accounts club. 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,...

International
Beyond The Fleet, Car Sharing Makes Inroads On Roads Down Under
March 01, 2018

Rent or buy? Borrow or share? In the land down under, this isn’t about housing; it’s about cars. 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...

International
China’s Bank Regulator Makes Foreign Investments Easier
February 26, 2018

In an effort to bring more investments to the financial sector, the China Banking Regulatory Commission (CBRC) has overhauled rules to make things easier for foreign investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

South East Asia
Huawei CEO: Smartphone Market Has A Big Contraction Coming
February 26, 2018

The smartphone industry is due to get a lot smaller, according to consumer chief of China’s Huawei Technologies. 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...

International
Worldwide Smartphone Sales Slip
February 23, 2018

Smartphone sales worldwide fell in the fourth quarter of 2017 compared to the same period in 2016, marking the first decline Gartner has seen since the firm started tracking sales in 2004. A little more than 400 million smartphones were sold to consumers in the last three...

International
Senior Bank Official Arrested In India’s Diamond Fraud Scandal
February 22, 2018

A senior official of state-run Punjab National Bank (PNB) in India was arrested by federal police as part of an investigation into a $1.8 billion scam at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Venezuela Sells $735M In ‘Petro’ Crypto Presale
February 21, 2018

As Venezuela struggles with hyperinflation and its currency reaches record lows, the country has reportedly sold $735 million of its “petro” cryptocurrency during day one of its presale. Yet Venezeula’s President, Nicolas Maduro, did not present evidence backing up that figure — or offer details...

International
Latvian Defense Ministry Says Corruption Allegations Are Fake News
February 21, 2018

The Latvian Defense Ministry is contending that corruption allegations — which resulted in the suspension of a central bank governor on Tuesday (Feb. 20) — could be part of a smear campaign to sow distrust and influence the October elections. Get the Full Story Complete...