International

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...

International
Rising India Import Duties Could Impact Retailers, Smartphone OEMs
January 24, 2020

Increased custom duties on imports in India are likely to affect upwards of 50 items, such as electronics, 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 — no...

International
UK Investigation Could Delay Takeaway-Just Eat Deal
January 24, 2020

In a setback to Takeaway.com’s purchase of Just Eat, Britain’s competition watchdog has launched a probe into the buyout, delaying the multi-billion dollar deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Global Payments
This Week In Payments: Davos, China X-Border Commerce And Talk To (And Pay With) The...
January 24, 2020

While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in a bucolic Swiss mountaintop city named Davos. There in Davos, bankers, financiers, technologists, legislators, regulators...

International
EU Parliament Calls For More Consumer Protection In AI, Automation
January 24, 2020

Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing artificial intelligence and automated decision-making technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Revolut Offers High-Interest Savings Product In UK
January 23, 2020

Global financial services startup Revolut is now offering U.K. customers a 1.35 percent AER interest rate with its new product, Savings Vaults, the company announced on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
PayPal, UnionPay Deal Expands Chinese Cross Border Commerce
January 23, 2020

This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores. Burberry, LVMH, Richemont and Gucci owner Kering had...

International
Int’l Chamber Of Commerce Teams With Singapore Gov’t In Digital Commerce Push
January 22, 2020

The International Chamber of Commerce (ICC) and the government of Singapore have teamed up, along with other industry partners, on an initiative to speed up digital adoption in global trade and commerce, according to an ICC release.  Get the Full Story Complete the form to...