International

International
US-Based Huawei Unit Seeks Stand-Alone Operations
June 25, 2019

The U.S.-based research arm of China’s Huawei Technologies is working to separate its operations from its corporate parent because of the government blacklist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Huawei, Spurned By US, Says It Can Meet German 5G Standards
June 24, 2019

Chinese tech company Huawei said it has “no doubt” it’s going to meet Germany’s security requirements  for upcoming 5G networks in the company, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
China’s AutoX, Pony.ai First To Offer Robotaxis In US
June 21, 2019

AutoX and Pony.ai are now the first Chinese companies allowed to offer self-driving robotaxis in the state of California. 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...

International
China Aims To Fight Money Laundering With Int’l Cooperation
June 19, 2019

In an effort to clamp down on cross-border money laundering, the People’s Bank of China (PBOC) plans to bolster cooperation with other nations such as countries in Europe. The central bank’s efforts would home in on areas such as financial information exchange, anti-money laundering (AML)...

International
US Actions Impact Huawei’s Revenue
June 17, 2019

With U.S. export blacklisting along with other actions against Huawei Technologies Co., Founder Ren Zhengfei expects revenue to be roughly $100 billion this year — down from last year’s approximately $107 billion. Zhengfei had previously targeted $125 billion for revenue this year, The Wall Street...

Global Payments
Alipay’s Many European Plays
June 14, 2019

That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far from a secret. It is, in fact, an ongoing goal of the last several years...

South East Asia
Grab Considered Buying Payments Provider 2C2P
June 13, 2019

In a sign of Grab’s ambitions in the financial services space, the Singapore ride-hailing firm reportedly had discussions to acquire payments provider 2C2P Pte. Unnamed sources claim that the company was one of various possible bidders interested in the payments firm, Bloomberg reported. Get the Full...

International
Revolut Expands Beta Version Into Australia
June 13, 2019

Financial technology company Revolut has ventured beyond Europe and into Australia as of Thursday (June 13), according to a report. 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
US Ban Forces Huawei To Scrap Laptop Launch
June 12, 2019

Chinese technology company Huawei will not launch its new laptop due to restrictions put on the purchasing of U.S. parts by the American government, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...