International

International
Hong Kong Hits UBS With $51M Fine For Fleecing Consumers
November 11, 2019

Swiss bank UBS was hit with a $51.09 million fine by a Hong Kong watchdog for overcharging up to 5,000 clients for nearly a decade, Reuters reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Ukraine Aims To Recover Lost Funds After Taking Ownership Of Privatbank
November 10, 2019

Ukraine is coming to terms with international lenders to settle an aid agreement concerning the nationalization of Privatbank, the country’s largest lender, Bloomberg reported on Saturday (Nov. 9).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Alibaba Looks To Beat Last Year’s $30B Singles Day
November 08, 2019

Alibaba is about to hold its annual Singles Day, which is the largest shopping day of the year for the eCommerce giant, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Brazil’s Banco Inter Teams With Alibaba, Nike, Others For eCommerce App
November 07, 2019

Brazilian Lender Banco Inter is launching an app to give its clients direct access to more than 60 online stores, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
November 04, 2019

Wall Street’s three main indexes all hit record highs on Monday (Nov. 4), on news of technology gains and the nearing of a deal with China over ongoing trade wars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Global Payments
Western Union Rolls Out Full API Access For International Payments
October 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Amex, Nova Offer Global Transfer Of US Credit Reports
October 25, 2019

American Express has partnered with Nova Credit, a credit reporting startup that operates across borders, to give expatriates and immigrants the ability to share their previous credit scores with American Express when applying for a credit card. Get the Full Story Complete the form to...

International
UK Payday Lender QuickQuid Expected To Shutter By Year-End
October 25, 2019

The U.K.’s largest payday lender QuickQuid is expected to close its doors by the end of the year, The Financial Times (FT) reported on Thursday (Oct. 24).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
US Senators Want Probe Into TikTok’s ‘Counterintelligence Threat’
October 24, 2019

Two U.S. senators, Sen. Charles Schumer and Sen. Tom Cotton, have asked Acting Director of National Intelligence Joseph Maguire to look into super popular video-sharing app TikTok for potential security risks, considering it recently passed 1 billion downloads.  Get the Full Story Complete the form...