International

International
JPMorgan Chase To Open UK Digital Bank By Year’s End
February 24, 2020

JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year. 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
Fates Of Millions Of Chinese SMBs Await Banks’ Actions On Virus
February 23, 2020

Millions of Chinese businesses face turmoil and strife in the wake of the coronavirus outbreak and are looking to the banks for lifelines and loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
5G Network Rollout Delayed In China, Flights Canceled Due To Coronavirus
February 21, 2020

The coronavirus has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors ranging from transportation to telecom and retail. We have the latest news on the economic impact of the coronavirus from airlines canceling flights to the delay of...

International
Samsung Production Backlogged In Vietnam Due To Coronavirus
February 21, 2020

Vietnam’s supply chain is suffering from the impact of the coronavirus epidemic, which could stall production of the latest Samsung smartphones, the Ministry of Industry and Trade told Reuters on Friday (Feb. 21). Get the Full Story Complete the form to unlock this article and...

International
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial Times on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Paysend Launches Mobile Multi-Currency Wallet In Europe
February 20, 2020

The U.K. FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
UK Google Users Will Be Under US, Not EU Privacy Protections
February 20, 2020

Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction, according to officials, according to Reuters on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this...

International
Goldman Sachs Warns Of Market Drop Due To Outbreak
February 20, 2020

Despite high levels of U.S. and European stocks, Goldman Sachs warns that the coronavirus’ impact could bring it all toppling down, according to the Financial Times on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
February 19, 2020

Beyond the obvious health impacts of the Coronavirus outbreak itself, where hospitals are filling up and the death toll is mounting, costs of a different sort are looming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...