International

International
Afterpay, Red Cross Team To Collect Donations For Australia Fires
January 07, 2020

Afterpay and the Red Cross are looking for money donations to help Australia amid the bushfire crisis currently ravaging the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Chinese Tech Sector Faces Capital Crunch
January 06, 2020

Numerous unicorns were among the hundreds of Chinese tech firms that toppled in 2019 as the economy soured and startups went through piles of cash, The Financial Times (FT) reported on Monday (Jan. 6). Get the Full Story Complete the form to unlock this article...

International
US Prepares For Potential Iranian Cyberattack
January 03, 2020

U.S. officials are preparing for the possibility that Iran will attempt a large-scale cyberattack in retaliation for a drone strike that killed Qassem Soleimani, a top general in the Iranian Islamic Revolutionary Guard, who many thought would be the country’s next leader, according to a...

International
Employees Claim OYO Uses Corrupt Practices To Boost Growth
January 03, 2020

The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by 2023, has inflated its numbers and has a toxic work culture fueled by tireless expansion. Get the Full Story Complete...

International
Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards
January 03, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ₹50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint.  Get the Full...

International
China’s Central Bank Pours $115B Into Economic Growth 
January 01, 2020

The People’s Bank of China (PBoC) is planning to pump about $115 billion into the economy by freeing up lenders to write more loans, The New York Times reported on Wednesday (Jan. 1). Get the Full Story Complete the form to unlock this article and...

International
Russian Regulators To Crack Down On US Big Tech In 2020
December 31, 2019

New Russian protectionist legislation takes aim at U.S. Big Tech companies as additional laws are being prepped to restrict content. 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
Convenience Stores Losing ATMs In UK Over Higher Fees
December 31, 2019

A decline in ATM usage in the U.K. has left many people resorting to only using their local shops to withdraw cash, due to a declining number of bank branches and free-to-use ATMs. However, the Association of Convenience Stores (ACS) said that the Link service’s...

International
RBI Enables UPI Payments For Tolls
December 30, 2019

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...