International

South East Asia
Grab CEO: No IPO Until Business Shows Profits
November 15, 2019

Grab Chief Executive Officer (CEO) and Co-Founder Anthony Tan said the Southeast Asia ride-hailing platform will not launch an initial public offering (IPO) until the company is profitable, CNBC reported on Thursday (Nov. 14). Get the Full Story Complete the form to unlock this article...

International
Port of Los Angeles Volumes Show Trade War Impact
November 14, 2019

To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the headlines, look to the high seas. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Global Payments
Wirex Launches Multicurrency Visa Travelcard For APAC Customers
November 11, 2019

Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex Visa Travelcard, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

International
Uber Loses Ground In Latin America To Competitor Didi Chuxing
November 11, 2019

Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Deliveroo Adds Pickup Option For Restaurant Orders
November 11, 2019

U.K.-based on-demand food delivery service Deliveroo is expanding its platform to include a pickup option, TechCrunch reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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...