International

International
China and the US, Intertwined Economically
December 13, 2016

Much has been made about the state of diplomatic relations between China and the U.S. in the wake of Donald Trump’s election to the presidency. The disputes over Taiwan may rage on, but the fact remains that the two consumer-driven juggernauts are dependent upon one another...

Mastercard Finds One-Third Of Europeans Without A Bank Account Are Employed
December 13, 2016

Based on new research, Mastercard found that, among those that are excluded financially in Europe, one-third are employed full-time, while 35 percent are between the ages of 18 and 34. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
China’s Millennials Willing To Take On Debt
December 12, 2016

Broader cultural shifts in attitudes toward spending in China could very well be playing a major role in China’s growing debt problem. Recent estimates of total debt in China are as high as 280 percent of the GDP. Get the Full Story Complete the form...

International
Inflation-Wracked Venezuela Pulling Largest Bills Out of Circulation
December 12, 2016

Facing some of the highest inflation in the world as part of a deepening ongoing financial crisis, Venezuela will be pulling its largest bill from circulation this week as it prepares to introduce new, higher value notes, according to President Nicolás Maduro.  The current value of...

Europe
Sage Considering Sale Of North American Business Unit
December 12, 2016

Britain’s largest software group by sales, Sage, is looking for a buyer for its North American payments business as part of a turnaround strategy. Sage specializes in accounting and payroll software for clients in more than 20 countries. Get the Full Story Complete the form to unlock...

International
Scotland Sheds Industrial Rep For FinTech Focus
December 09, 2016

Scotland’s economy has excelled in industrial industries such as shipbuilding, steel and petroleum, but the country is turning its attention to developing a rising digital tech scene. In this week’s installment of PYMNTS’ Weekly Tech Center Roundup, one of the country’s thriving tech clusters, Glasgow,...

International
India Government Wants Standard QR Code
December 09, 2016

Quick response barcodes, or QR codes, are making their way to India, with the Indian government reportedly requesting payment providers in the country adopt a standard QR code. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
ATM Cash Withdrawal Limit Brings Down Casino Stock Price
December 09, 2016

The Monetary Authority of Macau is making a move to cut the amount of cash China UnionPay cardholders can withdraw from ATM machines in half within the world’s largest gambling market, South China Morning Post reported. Get the Full Story Complete the form to unlock...

International
Visa And Nest To Roll Out FinTech Bootcamp In Africa
December 09, 2016

Visa is moving to support startups in Africa, reportedly partnering with Nest, the Hong Kong venture capital firm and incubator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....