International

International
Wise Brings Instant Money Transfers To Vietnam
June 24, 2021

Money transfer service Wise says it has given customers in Vietnam a faster way to receive money. 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
Google, Jio See Late Summer Release For High-Quality, Low-Cost Smartphone
June 24, 2021

Google and Jio Platforms said that work is progressing on their jointly developed made-for-India smartphone, adding that the release date is set for Friday, September 10, according to a Thursday (June 24) press release. The concept is to provide an affordable phone that will meet...

International
A South Korean Startup Tosses Its Hat Into The Super-App Ring
June 23, 2021

Another super app competitor is stepping into the increasingly crowded Asian market as South Korea’s largest FinTech startup, Toss, has announced it has raised roughly $400 million, bringing the firm’s total valuation to $7.4 billion. The Seoul-based, Viva Republica-owned startup is now setting its sights...

Europe
EU Commission Eyes Cyber Unit To Fight Large-Scale Attacks
June 23, 2021

The European Commission is busy forming a Joint Cyber Unit that will help to deal with rising cybercrime, 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...

International
Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
June 23, 2021

In today’s top payments news around the world, WeRide has notched a $310 million infusion of capital from investors, while Dingdong has its sights set of a $6 billion valuation when it goes public in the United States. Plus, Amazon Payment Services has launched a...

International
Ant Group Could Share Data With China Via Credit-Scoring Partnership
June 23, 2021

Jack Ma’s Ant Group is in the midst of discussions with enterprises owned by China that would create a credit-scoring firm while making Ant’s data transparent to the country’s regulators, The Wall Street Journal reported on Wednesday (June 23), citing sources. Get the Full Story...

International
China’s Pandemic Border Restrictions To Stay In Place
June 22, 2021

China’s border restrictions enacted for the COVID-19 pandemic are staying in place for a minimum of one year, with Beijing officials raising concerns over new strains of the virus as “sensitive” events are on tap, The Wall Street Journal reported on Tuesday (June 22), citing...

International
Today In Payments Around The World: UK Gets 100th Tech Unicorn; Investment Heats Up In...
June 17, 2021

In today’s top payments news around the world, the technology industry in the United Kingdom has achieved a significant milestone, while global investment is heating up in the Middle East and Southeast Asia. Plus, Societe Generale has chosen Temenos to modernize corporate banking in Asia...

International
The UK Crowns 100th Tech Unicorn
June 17, 2021

The United Kingdom tech industry hit a major milestone on Thursday (June 17), with 100 tech firms in the country reaching a valuation of at least $1 billion to attain unicorn status, according to an announcement that cited Tech Nation and Dealroom data. Get the...