International

International
Why Merchant’s Are Missing Out on $300 Billion
November 24, 2015

[vc_row][vc_column][vc_column_text]When we think of big shopping days, it’s usually the corner-stone retail “holidays” — Cyber Monday, Black Friday, Boxing Day, and perhaps the biggest of them all, China’s Singles’ Day. But what if you didn’t have to rely on these big shopping days to drive more...

International
Pitney Bowes’ Cross-Border Chinese Commerce Play
November 24, 2015

Borderfree, owned by Pitney Bowes, is moving to bring more U.S. fashion and accessories to Chinese consumers. 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 to our...

B2B Payments
For Corporates, Making Taxes Less Taxing
November 24, 2015

Thomson Reuters has unveiled the newest version of its ONESOURCE technology for tax compliance and reporting. Here’s what corporations – large and not-so-large – need as they aim to compete on an ever-expanding global scale.

Europe
Diebold Makes $1.8B Acquisition Play For Competitor Wincor Nixdorf
November 23, 2015

U.S. ATM maker Diebold has announced that rival firm Wincor Nixdorf has agreed on a takeover, with Diebold offering up $1.8 billion in cash and shares for its German counterpart. If the deal is approved by regulatory authorities in both nations, it would create the...

Airbnb Raises Millions — And Market Cap
November 23, 2015

Many startups have hailed themselves as the “Uber of X,” and just as many have failed to live up to that promise. However, any doubters of Airbnb’s long-term viability in the sharing economy’s version of the home rental market might have to eat a large...

Westpac And Prospa Seek To Prosper Down Under
November 23, 2015

Westpac, based in Australia, is in the midst of piloting a new partnership with Prospa, the small business lender, The Sydney Morning Herald reported Friday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
China Cuts Small Business Loan Rates
November 23, 2015

China’s central bank cut rates last week on a short-term lending facility that is traditionally used to provide liquidity to commercial (usually small) business lenders, The Wall Street Journal reported Thursday (Nov. 19). Get the Full Story Complete the form to unlock this article and...

International
China Shuts Down $64B Illegal Transaction Operation
November 23, 2015

Late last week China confirmed it cracked down on an “underground bank” that was responsible for moving nearly 410 billion yuan ($64 billion) in illegal foreign exchange transactions abroad, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Google May Launch Google Play App Store In China
November 23, 2015

Five years after withdrawing itself, Google is now working on reestablishing its presence in the Chinese market with the launch of the Google Play app store in Feb. 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...