News

Ridesharing
eScooters Prepare As Germany Leaders Vote On Ban
February 12, 2020

German officials are planning a vote on Friday (Feb. 14) to decide the fate of electronic scooters in what has become Europe’s largest market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Chinese Firms Request Loans Due To Coronavirus
February 12, 2020

To help mitigate the impact of the coronavirus through business lending, over 300 Chinese firms are looking for bank loans totaling a minimum of $8.2 billion. The epidemic has infected over 900 people in the nation and infected over 40,000, while authorities have temporarily halted...

Retail
SHOWFIELDS To Open Second Store In Miami
February 12, 2020

Retail store SHOWFIELDS will open a new location in Miami this year, its second, according to 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 required. yesSubscribe...

Mobile Payments
MoneyGram Enables P2P To A Phone Number
February 12, 2020

MoneyGram, known for its transfers via mobile app, has a new program called FastSend that will enable it to engage in cross-border peer-to-peer (P2P) transfers directly to a recipient’s phone number. The company aims to keep up efficiency and speed with the new service, advertised as...

Investments
Vietnam Looks To Drop Foreign Ownership Cap For Payment Cos
February 12, 2020

The State Bank of Vietnam (SBV) has proposed the removal of the 49 percent foreign ownership limit on payment intermediary businesses, according to reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
J.P. Morgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty
February 12, 2020

In the last decade since the global financial crisis, the corporate treasury function has undergone a dramatic transformation. What was once a siloed area of the enterprise that was focused on cash management is today tasked with supporting nearly all strategic priorities, from cybersecurity and...

Digital Banking
Platforms Help FIs And FinTechs Break Down Silos
February 12, 2020

In the drive to bring speed, convenience and true innovation to payments and address customers’ financial services needs in real time, financial institutions (FIs) need to break down silos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Alibaba Investors In China Barred From Buying Its Stock In Hong Kong
February 12, 2020

Alibaba may be blocked from a new program in China that would allow investors in Hong Kong to buy its stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
StanChart, HBSC Offer Loan Relief As Coronavirus Keeps Cos Away From MWC
February 12, 2020

The Mobile World Congress (MWC) in Barcelona is in trouble, as three more companies have dropped out over coronavirus fears, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...