Political regimes come and go. Structural reforms take root or don’t. Currencies wax and wane. When money chases growth (and returns) across borders, investors must gird for turbulence, as recent events in Saudi Arabia and China show.
Muhammed needs six new computers for his internet café in Jakarta. It’s a small café, and six machines are enough, but the ones he has are obsolescing fast and the young entrepreneur knows it’s time to invest in new equipment. Get the Full Story Complete...
Rideshare services have gained popularity by taking the pain out of making payments. Can foreign currency exchange services adopt a similar model? In the latest PYMNTS.com X-Border Receivables Report, powered by Flywire, Mark Frey, COO of Cambridge Global Payments, discusses the need for FX providers...
Revolut — a U.K.-based financial technology firm — said Wednesday that it has applied for a European banking license, making it the latest of several digital-only firms looking to compete more actively with larger, traditional lenders. Get the Full Story Complete the form to unlock...
A seamless payment experience is one of the reasons rideshare companies like Uber have gained popularity over the years. Now, other industries are seeking to offer a similar experience to their own customers and clients. Get the Full Story Complete the form to unlock this...
The push of U.S.-based credit card companies to finally gain access to the Chinese mainland has hit yet another bump. Reuters reports that the Chinese government is pushing foreign payment card companies to form local joint ventures for onshore operations, said three people familiar with the...
In India, WhatsApp sends messages and Paytm sends 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 daily newsletter, PYMNTS Today. By completing this form,...
FinTechs aren’t the only ones giving traditional financial institutions (FIs) a run for their money. In France, a telecom giant is hoping to capture a full 25 percent of the country’s online banking market with its new bank launching tomorrow, Nov. 2 — and that’s just...
With Apple gearing up to roll out the iPhone X early next month and Facebook trying to get back into the Chinese market, the executives of the two companies met with China’s President Xi Jinping on Monday (Oct. 30). Get the Full Story Complete the...
