International

International
Japan’s SoftBank Contemplates Investment In Brazil 
September 22, 2019

SoftBank Group is considering a gamble on Brazil and might advise high-growth firms to invest in the country, Reuters reported on Friday (Sept. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
UK Travel Firm Thomas Cook Needs $251M To Stay Afloat
September 20, 2019

Thomas Cook, a global travel company based in based in London, needs to find 200 million pounds for lenders or it could collapse, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Alibaba, Tencent Withhold Data To Defy China’s Credit Score 
September 19, 2019

Chinese tech titans Alibaba and Tencent are spurning the government’s private credit-scoring protocol by restricting access to customer data, The Financial Times reported on Thursday (Sept. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Global Payments
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in favor of leaving the European Union. Get the Full Story Complete the form to unlock...

International
TransferWise Reports 66 Pct. Profit Growth YOY
September 18, 2019

TransferWise, one of Europe’s top five FinTech startups, announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. 18). Get the Full Story Complete the form to unlock this...

Global Payments
FinTech InstaReM Launches Remittance Service In Canada
September 18, 2019

Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Amazon Seeks Delivery Expansion In Germany
September 17, 2019

Amazon said it has started hiring delivery drivers in Germany as it ramps up its logistics arm, with plans to open 11 more distribution centers in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

International
India Traders Oppose Amazon’s Festival Sales
September 13, 2019

One of India’s largest trading bodies, the Confederation of All India Traders (CAIT), has asked the government to ban Amazon and Flipkart from offering sales tied to upcoming Indian festivals, arguing that the discounts break the rules for foreign investment in terms of online retail,...

International
ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record Low
September 12, 2019

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a new bond-buying program, CNBC reported on Thursday (Sept. 12). Get the Full Story Complete the form to unlock this article...