International

International
JD.com Joins China’s Central Bank To Advance Digital Currency
September 21, 2020

As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Big Tech, Payments Firms May Be Targets Of China’s ‘Blacklist’
September 21, 2020

Taking names, making lists — and boosting geopolitical tensions. 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,...

Europe
EU Considers Tougher Rules On Big Tech Firms
September 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Get the Full Story Complete the form to unlock this article and enjoy...

International
EU Industry Trade Group Warns 5G Delays Will Hurt Competition, Profits
September 18, 2020

The chairman of a European industry trade group has warned the uneven rollout of 5G wireless technology could hurt companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Today In Payments Around The World: Uber Aims To Sell Portion Of Didi Stake; Investors...
September 18, 2020

In today’s top payments news around the world, Uber Technologies wants to shed a portion of its minority ownership in Didi Chuxing, and investors in a group looking to purchase the U.S. operations of TikTok are aiming to provide American interests with a majority share...

International
TikTok Deal With Oracle Faces Tough Road To US Approval, Experts Say
September 17, 2020

ByteDance’s bid to retain ownership of TikTok in the United States through a “partnership” with Oracle faces long odds of winning White House approval, according to former national security advisors and regulatory lawyers interviewed by Reuters. Get the Full Story Complete the form to unlock...

International
Virgin’s Richard Branson Raising Capital For Acquisition Opportunities
September 17, 2020

A company recently created by billionaire Virgin Atlantic Founder Richard Branson plans to raise between $400 million and $460 million to acquire a yet-to-be identified business that is available at an attractive price due to the COVID-19 pandemic, according to a Wednesday (Sept. 16) filing...

International
Today In Payments Around The World: WorldRemit Introduces Tracking App; SBM Bank India Collaborates With...
September 16, 2020

In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. Plus, Standard Chartered and Amazon.ae are launching a new installment payment method...

International
Decision Expected Soon On TikTok-Oracle Deal
September 16, 2020

President Donald Trump is expected to decide shortly whether the sale of TikTok, the China-based short video-sharing app, to Oracle Corp. is a go, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...