International

Europe
Southern Europe Is Open But Tourists Are Few
July 19, 2020

Despite government incentives, travel bookings are down in Italy, The New York Times reported. 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 daily newsletter, PYMNTS...

International
Chinese Regulators Take Over Nine FIs
July 17, 2020

Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Fidel Targets US Market In Expansion Of Card-Linking Technology
July 16, 2020

U.K.-based Fidel, which builds out tech infrastructure for card-based loyalty reward programs, is jumping across the pond to expand into the U.S. market, while also appointing a new executive to lead the effort. Get the Full Story Complete the form to unlock this article and...

China Reports 3.2 Pct Economic Growth In Q2
July 16, 2020

In a dramatic turnaround, China’s economy expanded 3.2 percent in the second quarter of 2020, compared to April through June of last year. This success contrasts with the world’s other major economies, which are still reeling from the COVID-19 crisis. Get the Full Story Complete...

International
Google Inks $4.5B Deal For A Stake In India’s Jio
July 15, 2020

Google plunged deeper into India’s tech market by striking a $4.5 billion deal that, if approved by the country’s regulators, would give it a 7.7 percent share in Jio Platforms, according to a Wednesday (July 15) press release. Get the Full Story Complete the form...

International
UK Lowers Boom On Huawei With Equipment Purchase Ban
July 14, 2020

The United Kingdom has reversed course on Huawei, announcing plans Tuesday (July 14) to start banning companies in the country from buying equipment from the Chinese telecom and mobile phone giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
Europe Reopens, Shopping Spree Underway
July 14, 2020

The phrase “shop ‘til you drop” hasn’t been used for months as the world hunkered down to stop the spread of COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
MUFG Shifts Focus To Digital Investments To Grow Customer Base
July 13, 2020

Once on a mission to buy up Southeast Asian banks, Japan’s biggest lender is now focused on digital investments to reach new customers and streamline operations, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Google To Invest $10B In India’s Tech Industry
July 13, 2020

Google is ramping up its ties to India with a $10 billion investment in the country’s technology buildout. The move is part of Big Tech’s focus on the subcontinent, particularly the mobile payments market. Get the Full Story Complete the form to unlock this article...