International

International
UK Brexit Deal Lacks Needed Clarity On Financial-Services Access
December 27, 2020

A Brexit deal has been reached between the U.K. and European Union (EU), which will help to define the future relations of the two entities, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Ant Group Curbs Credit Limits Of Some Users Of Virtual Credit Cards
December 23, 2020

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. That arm of the financial technology (FinTech) giant offers a virtual credit card. Get...

South East Asia
China Extends Economic Stimulus Measures For Small And Micro-Businesses
December 23, 2020

China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Russian Regulator Alleges Booking.com Broke Anti-Monopoly Law
December 22, 2020

Russia’s federal anti-monopoly service (FAS) has accused Booking.com of reportedly violating antitrust laws in the country and abusing a dominant market position, according to Reuters Monday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Global Payments
PayPal’s Xoom Adds Real-Time Payments For Remittances To India
December 21, 2020

PayPal‘s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Report: Jack Ma Offered Part Of Ant Group To Chinese Government To Smooth Over IPO...
December 20, 2020

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group, the FinTech he founded, to the country’s government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall...

International
Today In Payments Around The World: British FinTech GoCardless Notches $95 Million; Australia’s Openpay Rolls...
December 17, 2020

In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. Plus, WeDoctor is said to be still getting ready for...

International
WhatsApp Plans To Offer Healthcare Insurance, Pension Products In India
December 16, 2020

WhatsApp will debut options for health insurance and micro-pension products in India by utilizing new partnerships, according to a report from The Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz...
December 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. Plus, Bridgetown Holdings is reportedly thinking about a deal with Tokopedia. Get the Full Story Complete the form to...