International

International
UK, EU Begin Negotiations Over Financial Services Regulation
January 12, 2021

The United Kingdom and European Union are set to begin talks on how to regulate the financial services sector now that Brexit has taken effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Pakistan Launches Payment System To Boost Financial Inclusion
January 11, 2021

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. 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...

International
China’s New Commerce Rules Fight Back Against US Sanctions
January 11, 2021

China’s Commerce Ministry has unveiled new rules that prohibit companies from complying with sanctions it deems “unjustified” — regulations that, if enforced, could take the teeth out of some U.S. diplomatic measures. Get the Full Story Complete the form to unlock this article and enjoy...

Global Payments
Mexican Remittances Set Surprising US Record
January 10, 2021

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. economy took due to the pandemic, The Wall Street Journal reported, citing data from Mexico’s central bank. Get the Full Story Complete...

International
UK Regulators To Probe Google Chrome Changes Over Antitrust Fears
January 08, 2021

Concerns continue to grow over Google’s plan to update the Chrome web browser, with the U.K.’s competition watchdog reportedly eyeing the issue of third-party cookies, in particular. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
China’s Cyberspace Watchdog Mulls Stricter Online Oversight 
January 08, 2021

The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and...

International
US Trade Representative’s Office Suspends Tariffs On French Goods
January 07, 2021

The U.S. is doing away with a program to levy tariffs on $1.3 billion of French goods as retaliation for that country’s revenue tax on Big Tech companies, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency...
January 07, 2021

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Plus, Indian B2B eCommerce platform Udaan...

International
China’s Ant Group Mulling Creation Of New Consumer Loan Unit
January 07, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...