International

International
India Aims To Get Rid Of Credit Cards By 2020
January 10, 2017

India isn’t only trying to fight corruption with its move to take high-denomination currency out of the system; it is aiming to get rid of plastic money by 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
CBZ Suspends Visa Card Transactions Because Of High Fees
January 10, 2017

CBZ Holdings, Zimbabwe’s largest bank, is suspending Visa cards for transactions made locally, with the high costs associated with Visa cards and cash shortages being the main reasons. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

South East Asia
WeChat Compliments Apple — As It Readies To Challenge Its App Dominance
January 10, 2017

WeChat founder Allen Zhang had some praise to offer Apple yesterday — on the 10th anniversary of the release of the iPhone — just as he was laying down a challenge to the dominance of the application market that Apple has enjoyed over the last decade or...

U.K.’s May: Brexit Pain Lies Ahead
January 09, 2017

With every breakup comes some pain. But in the case of Brexit, it’s hard to gauge just how much pain may lie ahead for Britain as it looks to exit the European Union. Get the Full Story Complete the form to unlock this article and...

South East Asia
China Cracking Down On P2P Lending
January 09, 2017

The first nationwide crackdown on P2P lending in China is underway — and expected to eliminate many of the 2,400 or so leading platforms in the nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Morgan Stanley Economists Admit They Were Too Pessimistic On Brexit Impact
January 06, 2017

Morgan Stanley economists Melanie Baker and Jacob Nell, both of whom warned of a Brexit-prompted recession and a slowdown in the U.K. economy that would be long-lasting, are now eating their words after their assessment didn’t prove true. Get the Full Story Complete the form...

International
Swiss Agency Recognizes Uber Driver As An Employee
January 06, 2017

A Swiss insurance agency has ruled that drivers working for ride-hailing company Uber are classified as employees rather than independent contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Indonesian FinTechs Face New Regulations
January 04, 2017

FinTech firms operating in Indonesia and running peer-to-peer lending businesses may face new regulations from the Indonesian Financial Services Authority (OJK). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Xoom Expands In Asia To Make It Easier To Send Money To Japan
January 04, 2017

Xoom, a digital money transfer provider, announced Tuesday (Jan. 3) it is expanding its services in Asia as a way to make it easier for U.S. residents to quickly send money to Japan. Get the Full Story Complete the form to unlock this article and...