Against a backdrop of surging coronavirus cases, the Eurozone is reporting a rebounding economy, with a 12.7 percent hike in third-quarter gross domestic product (GDP), according to a Friday (Oct. 30) report by Eurostat, the statistical office of the European Union. Get the Full Story...
The pandemic is affecting the amount of money migrant workers can send home, with remittances projected to drop 7 percent this year to $508 billion and forecasted to drop a further 7.5 percent by 2021, according to a statement from the World Bank Thursday (Oct....
In today’s top payments news around the world, Paidy debuted its 3-Pay as online commerce is on the rise in Japan, while Marriott International and Grab are teaming to bring premium hospitality experiences to customers. Plus, a new poll finds that this year’s Singles’ Day...
Marriott International and Grab are teaming up to bring premium hospitality experiences to customers in Southeast Asia, the companies announced on Thursday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Singapore’s FinTech startup Nium is bringing its infrastructure platform to Africa, where domestic economic growth and customer spending is on an upswing despite the shaky global economy, Nium said in a statement on Tuesday (Oct. 27). Get the Full Story Complete the form to unlock...
A five-year plan for China hashed out by leaders Monday (Oct. 26) is expected to focus on developing semiconductors and other such technology while Washington remains against letting the country access U.S. tech, the Associated Press (AP) reported. Get the Full Story Complete the form...
Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Governments across Europe are re-imposing social distancing measures as COVID-19 roars back from a summer lull, prompting widespread concern of a new round of economic damage, The Wall Street Journal (WSJ) reported on Sunday (Oct. 25). Get the Full Story Complete the form to unlock...
Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal, according to a Reuters report on Tuesday (Oct. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
