International

International
Hong Kong To Meet With Big Tech On Data Law
July 06, 2021

Proposed changes to data protection laws shouldn’t concern U.S. data titans, according to Hong Kong’s chief executive, The Wall Street Journal (WSJ) reported. They’re needed to stop the practice of doxing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Big Tech’s Big China Trouble Makes Investors See Red
July 06, 2021

China — a market with hundreds of millions of consumers, a burgeoning middle class, with the attendant discretionary income — proves an irresistible lure for Big Tech firms hailing from China itself and abroad. Get the Full Story Complete the form to unlock this article...

International
Emirates Airline Pushes ePayments To Avoid Interchange Fees
July 06, 2021

Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and their processing fees, the Financial Times reported Monday (July 5). Get the Full Story Complete the form to unlock this article...

International
China’s Post-IPO DiDi Crackdown Shows Power Still Trumps Pragmatism In Asia’s Largest Economy
July 06, 2021

In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite its prominent name recognition and deep roster of foreign investors. Get the Full Story Complete the form to unlock this...

International
Jumia’s Payments Unit Now One-Third Of Marketplace Revenue
July 01, 2021

Jumia Technologies in Africa is looking to keep building its eCommerce presence for the long term while adding to the momentum in its payments division, which now accounts for one-third of its overall business, according to a Wednesday (June 30) Bloomberg article. Get the Full...

International
RBI: Big Tech In FinServ Threatens Emerging Market Ecosystem
July 01, 2021

The Reserve Bank of India (RBI) has warned against letting big tech companies into financial services in the country, a report from the Economic Times of India says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
The EU Unveils Its COVID Travel Passport
July 01, 2021

The EU Digital COVID Certificate Regulation went into effect on Thursday (July 1), making it easier for citizens and residents of the EU who have been vaccinated to travel through the region. Get the Full Story Complete the form to unlock this article and enjoy...

International
Binance Users Shut Off From UK Faster Payments Network
June 28, 2021

Binance customers using U.K.-based payment system Faster Payments have been locked out, the Financial Times (FT) reported. 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...

International
Big Banks Endorse SWIFT’s Global Transaction Management Platform
June 24, 2021

SWIFT’s new transaction management platform received an endorsement from six international banks, which are getting ready to harness the system’s new functionalities to allow for new services, bolster efficiency and decrease expenses when it launches in November of next year, according to a Thursday (June...