International

International
IMF’s Lagarde Urges Banks To Keep Open Mind About Crypto
September 04, 2019

International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
September 03, 2019

Japan’s struggling regional banks are taking on riskier investments as they struggle to survive. 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...

International
Seven EU Firms Form X-Border Mobile Payment Network
September 03, 2019

Seven European payments operators — most of them owned by banks — that own and operate mobile payments services said Tuesday (Sept. 3) that they are in the midst of building a pan-European network focused on cross-border mobile payments. Get the Full Story Complete the...

International
India’s MobiKwik Turns A Profit
September 03, 2019

The 10-year-old Gurgaon-headquartered mobile payments firm MobiKwik has hit its profit goals and is now making money, as reported on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Incoming EU Leaders Plan New AI, Data Use Laws 
September 03, 2019

Evidence is being gathered on U.S. big tech companies as the European Commission prepares for new leadership, The Wall Street Journal reported on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
India’s State Banks To Merge As Economy Slows
August 30, 2019

India’s Prime Minister Narendra Modi is merging state banks as the country looks for ways to offset a slowdown of the economy, Financial Times reported on Friday (Aug. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
MoneyGram And Vietnam’s HD Bank Team On Home Delivery
August 29, 2019

Global payments company MoneyGram announced a new partnership with HD Bank in Vietnam to provide a home delivery service, MoneyGram said in a press release on Thursday (Aug. 29).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
SBI’s Credit Card Division Seeks To Raise $1.1B With IPO
August 29, 2019

SBI Card & Payments Services Ltd, the credit card subsidiary of the State Bank of India (SBI), seeks to raise about 80 billion Indian rupees ($1.12 billion) with an initial public offering (IPO) this year, Deal Street Asia reported on Thursday (Aug. 29). Get the...

International
MTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
August 29, 2019

The biggest telecom company in Nigeria has launched a mobile money transfer service intended to serve the country’s unbanked population, according to a report by Reuters. MTN said it will become a payment services bank as soon as it gets approval from Nigeria’s central bank. Get...