International

International
Luckin Coffee Ends CEO Probe, Finds No Misconduct Evidence
February 17, 2021

A month-long investigation by Luckin Coffee into its current CEO found no evidence of misconduct, Reuters reported Wednesday (Feb. 17). 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...

International
Europe Eyes Amsterdam As Center For SPACs
February 17, 2021

Europe is looking to Amsterdam as a launchpad for special-purpose acquisition companies, (SPAC), the Financial Times (FT) reported on Wednesday (Feb. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Today In Payments Around The World: Limonetik Teams With Utily.fr On Payments; FairMoney Names New...
February 16, 2021

In today’s top payments news around the world, Utily.fr is working with Limonetik to grow payment options, while goPuff might be about to buy U.K.-based Fancy Delivery. Plus, FairMoney has named Rohan Khara as the company’s news chief product officer. Get the Full Story Complete...

International
Oyo Hotels Cuts Staff In Latin America, Pivots To Other Markets
February 12, 2021

Oyo Hotels & Homes is taking a step back from its Latin America market as the COVID-19 pandemic continues to decimate travel across the globe, The Wall Street Journal reported Friday (Feb. 12). Get the Full Story Complete the form to unlock this article and...

International
Today In Payments Around The World: Adyen Posts Q4 Win; Target Global Unveils Co-Founding Of...
February 10, 2021

In today’s top payments news around the world, Dutch digital payment firm Adyen experienced a large fourth quarter win, while German venture capital firm Target Global said it has helped start the Branded consumer products company. Plus, Japanese Finance Minister Taro Aso has conveyed an...

International
Biden Team Halts Federal Push To Sell TikTok’s US Division — For Now
February 10, 2021

The Biden administration has reportedly put a hold on the Trump administration’s bid to force a sale of TikTok’s U.S. business. Trump pushed for the sale of the popular TikTok video-sharing app to a U.S. buyer over security concerns. Get the Full Story Complete the...

International
Japan’s Aso Says G7 Should Talk Digital Currencies
February 09, 2021

Japanese Finance Minister Taro Aso has expressed an interest in discussing central bank digital currencies (CBDC) at a virtual Group of Seven (G7) meeting set for Friday (Feb. 12), a report from the Mainichi says. Get the Full Story Complete the form to unlock this...

International
Hyundai Says It’s Not In Talks With Apple On Autonomous Car
February 08, 2021

Hyundai Motor Co. and its Kia unit announced Monday (Feb. 8) morning South Korea time that they are not in discussions with Apple Inc. about teaming up on an autonomous car. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Today In Payments Around The World: Blackhawk Network Rolls Out Canadian Virtual Prepaid Mastercard; Great...
February 07, 2021

In today’s top payments news around the world, Blackhawk Network has launched its new virtual universal prepaid Mastercard for Canadian firms, while U.K.-based BigChange said that Great Hill Partners has invested over 75 million pounds (approximately $103 million) in the company. Plus, Seoul-based international automaker...