International

International
PayU Taps Feedzai To Protect Its LATAM Payment Networks
July 29, 2020

Online payment tech company PayU is teaming up with cyber-fraud prevention firm Feedzai to beef up its network protections in a key global market, the companies announced on Wednesday (July 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
July 29, 2020

With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs) to cut their use of the SWIFT financial messaging network for cross-border transactions. The bank’s messaging applies to Hong Kong...

International
Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
July 29, 2020

A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social-media app, valuing it at roughly $50 billion — much more than its competitors, sources told Reuters. Get the Full Story Complete the form to unlock...

International
Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
July 29, 2020

U.S. bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Europe
EU Banks Prep For $26B In Q2 Loan Losses
July 26, 2020

European banks are preparing to take huge losses on their loans as COVID-19 keeps taking its toll on financial institutions. 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
US Tech Investors Seek Control Of TikTok
July 22, 2020

If a team of U.S. tech investors get their way, they will buy TikTok, China’s popular video-sharing service, as President Donald Trump lobbies to ban it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
WhatsApp To Expand India Banking Partnerships
July 22, 2020

Facebook is upping its commitment to the Indian tech market with a bid to have WhatsApp work with more Indian lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Italian Antitrust Authorities Search Amazon, Apple Offices
July 22, 2020

Foreign regulators are increasingly training their sights on U.S. Big Tech companies. In this case, antitrust officials said they searched the local offices of Amazon and Apple in Italy as part of an investigation. Get the Full Story Complete the form to unlock this article...

International
Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
July 21, 2020

Western Union has signed a deal with TrueMoney, a Philippines financial services provider, the global cross-currency money mover and payments company announced on Tuesday (July 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...