International

International
Treasury Dept. Puts Nine Countries On Watch List Over Currency Practices
May 29, 2019

The Treasury Department announced Wednesday (May 29) in a report to Congress that of the 21 major U.S. trading partners, only nine need further scrutiny because of their currency practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Plaid Launches In UK
May 29, 2019

Plaid, the FinTech that enables apps to access consumers’ financial information, announced it is entering the European market, starting with the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Chinese Travelers Stop Coming To US
May 28, 2019

Chinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. 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
Chinese Gov’t Pours $22B To Prop Up Domestic Cos In 2018
May 27, 2019

The Chinese government increased subsidies it paid last year, aiming to help Chinese companies weather the economic slowdown in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Trade War Highlights Ag’s Impact On The Digital Economy
May 27, 2019

Everything is connected, and that certainly holds true when one is talking about the various developments and twists in the U.S.-China relationship – which, in many ways, is among the most significant drivers of digital payments and commerce trends. Now, as agriculture is increasingly coming...

International
China Regulator Warns Of Losses For Those Betting Against Yuan
May 26, 2019

China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than 2.5 percent against the U.S. dollar. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Starbucks Now Program Launches In China
May 24, 2019

Starbucks has launched Starbucks Now, a program that lets people order food and drinks ahead of time and then come pick up their orders, in China, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Vietnam May Promote Non-Cash Payments With Sandbox
May 24, 2019

In an effort to bolster non-cash payments in Vietnam, the country’s government is endeavoring to make a mobile money sandbox for companies in the telecom space. The plan is pending approval and could allow firms to test services for mobile money that are not connected...

Global Payments
Thyngs Teams With CDS Global; Alipay Partners With Turkish FinTech
May 22, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Thyngs work with CDS Global to support contactless payments for subscriptions of magazines in the U.K. and Australia. Currencycloud is teaming with Lithuania’s Evarvest for cross-border payments, Alipay and ininal...