MercadoLibre, the online marketplace serving Argentina, is boosting its presence in areas such as lending and logistics. Those areas, Reuters reported on Tuesday, had once been the province of large financial firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. technology company Stripe has announced it will soon open its merchants’ websites for commerce with hundreds of millions of Chinese consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Eight months in, assessing the impact of what happens when you remove 86 percent of a country’s notes in circulation. India’s push toward digital payments has had effects both positive and negative, and here’s a scorecard of sorts.
The White House under President Donald Trump and a group of Democratic and Republican lawmakers are calling for new laws aimed at keeping closer tabs on the inflow of Chinese money into the U.S. Get the Full Story Complete the form to unlock this article...
The world is getting smaller. E-commerce allows consumers to shop for almost anything from almost anywhere. But in terms of payments, cross-border commerce is as challenging as ever. The ability (or inability) to pay in the currency that is comfortable for the shopper can make...
The Industrial and Commercial Bank of China (ICBC) tried to quell recent concerns saying loan checks on companies that made overseas acquisitions were normal and routine, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Good luck decrypting Europe’s incoming digital chief’s views on encryption. In international news this week, the commissioner-designate, Mariya Gabriel, responded to questions from the European Parliament on Tuesday, June 20, with non-committal answers that did little to assuage members’ concerns. Get the Full Story Complete...
China’s latest economic data are expected to show retail sales growth was unchanged last month, and factory output and investment decreased slightly for a second month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The pound has been on a downward spiral since the Brexit referendum, and that inflation is reflected in lack of consumer spending. In May, the U.K. saw its first decline in consumer spending since September 2013, as it dropped an annual 0.8 percent. Get the...