International

International
India Bankers Seek Removal Of Fees On UPI, RuPay Transactions
January 28, 2020

In India, call it the war of the fees. 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 Today. By completing this form,...

Europe
Premium Labels Ask EU To Crack Down On Big Tech
January 28, 2020

European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on Tuesday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
UK FCA Asks Banks To Explain High Overdraft Fees
January 28, 2020

The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of a payday loan, Reuters reported on Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and...

International
Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
January 28, 2020

Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Former China Bank Gov Against Rushing Digital Currency
January 28, 2020

A former Chinese deputy governor is urging President Xi Jinping to rethink his response to Libra after the U.S. hearing last October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Chinese Consumers Shut Their Wallets In Face Of Coronavirus 
January 27, 2020

Businesses in China are bracing for the fallout from the coronavirus outbreak, causing both Disney and McDonald’s to shutter over the Lunar New Year holiday as fears grow over the deadly Wuhan-originated virus, according to multiple news outlets. Get the Full Story Complete the form...

Europe
New EU Policy Pushes For Data Sharing To Foster Blockchain, AI Use
January 26, 2020

The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Services Sector Drives US Business Growth; Europe Loses Momentum
January 26, 2020

Breaking trends in the rest of the world, the U.S.’ business activity is on the upswing so far in 2020. In other major countries, that hasn’t been the case, as their economies have been performing weaker, The Wall Street Journal reported. Get the Full Story...

Latin America
MercadoLibre’s FinTech Unit Expands LATAM Credit Offerings
January 24, 2020

Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this...