International

Odebrecht, Braskem Ordered To Pay A Record $3.5B For Kickback Scheme
December 22, 2016

Latin America’s biggest engineering firm, Odebrecht SA, and petrochemical company Braskem SA will pay at least $3.5 billion to resolve international charges related to kickbacks to the country’s state oil company and other organizations. Get the Full Story Complete the form to unlock this article...

International
PayPal Files Complaint About Look, Feel Of Indian Competitor Paytm
December 22, 2016

PayPal takes its look and feel seriously, recently lodging a complaint against an Indian digital payment services and eCommerce company that it claimed looks too much like PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Thai University Accepting Rice In Lieu Of Tuition Fees
December 22, 2016

Forget paying for tuition in cash or check. One university in Thailand will accept payment in the form of rice. 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
India Tries Lottery To Fix Cash Crisis
December 21, 2016

With India suffering from a cash shortage ever since the government took away high-denomination Indian notes to clamp down on fraud, the government has come up with a new way to fix the problem: a digital lottery. Get the Full Story Complete the form to unlock...

International
Medical Tourism 1 In 8 Int’l Trips By 2025
December 20, 2016

Visa, in partnership with Oxford Economics, recently released a study exploring trends that are accelerating and reshaping the growth of the worldwide travel and tourism industry. Visa surveyed 50 of the largest economies in the world, collecting data from 750 major cities to analyze how the traveling...

International
EU Financial Regulators Mull Big Data Rules
December 20, 2016

Financial regulators in Europe are concerned about the impact Big Data techniques may have on consumers and their access to products and services, prompting regulators to mull new rules in that area. Get the Full Story Complete the form to unlock this article and enjoy...

International
Beijing Starts Prosecuting Individuals Behind Huge P2P Lending Scam
December 19, 2016

Beijing has started prosecuting 26 people who are behind what is alleged to be China’s largest online fraud scam. 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
Belarus: Silicon Valley Of Eastern Europe
December 16, 2016

The former Soviet Union republic may be known for manufacturing tractors, but the region has its eye on becoming Eastern Europe’s Silicon Valley. This week, our Tech Center Roundup heads to Belarus to see how the nation has become one of the largest and most...

International
Venezuela Currency Rollout Delayed Amid 100-Bolivar Note Recall
December 15, 2016

The seeds may be sown for cash crunches in Venezuela, which has been plagued in the recent past by inflation and other currency-related issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...