International

International
Amex Cleared To Operate In China
January 08, 2020

The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Hundreds Of FinTechs Move From UK To EU Ahead Of Brexit
January 08, 2020

No one knows just what Brexit will mean for commerce, for international trade, for currencies across the Continent.  The only certainty is that the effects will be far-reaching. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Intel’s Mobileye Plans To Pilot Robotaxis In South Korea
January 08, 2020

Mobileye will test and eventually launch a set of robotaxis in Daego City, South Korea, per an agreement reached this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Afterpay, Red Cross Team To Collect Donations For Australia Fires
January 07, 2020

Afterpay and the Red Cross are looking for money donations to help Australia amid the bushfire crisis currently ravaging the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Chinese Tech Sector Faces Capital Crunch
January 06, 2020

Numerous unicorns were among the hundreds of Chinese tech firms that toppled in 2019 as the economy soured and startups went through piles of cash, The Financial Times (FT) reported on Monday (Jan. 6). Get the Full Story Complete the form to unlock this article...

International
US Prepares For Potential Iranian Cyberattack
January 03, 2020

U.S. officials are preparing for the possibility that Iran will attempt a large-scale cyberattack in retaliation for a drone strike that killed Qassem Soleimani, a top general in the Iranian Islamic Revolutionary Guard, who many thought would be the country’s next leader, according to a...

International
Employees Claim OYO Uses Corrupt Practices To Boost Growth
January 03, 2020

The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by 2023, has inflated its numbers and has a toxic work culture fueled by tireless expansion. Get the Full Story Complete...

International
Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards
January 03, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ₹50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint.  Get the Full...

International
China’s Central Bank Pours $115B Into Economic Growth 
January 01, 2020

The People’s Bank of China (PBoC) is planning to pump about $115 billion into the economy by freeing up lenders to write more loans, The New York Times reported on Wednesday (Jan. 1). Get the Full Story Complete the form to unlock this article and...