International

International
Travel Stocks Drop Amid Coronavirus Concerns
January 21, 2020

Less than a month ago, the outbreak of a new virus in the city of Wuhan centered on a cluster of consumers who had been exposed to live animals at a local food market. The virus has since been classified as a coronavirus — a...

International
MoneyGram Teams With LuLu Money To Power Asia-Pacific Transactions
January 21, 2020

Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money, MoneyGram announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
France Agrees To Defer Big Tech Tax After US Threatens Tariffs
January 21, 2020

France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. over the issue, Reuters is reporting. Get the Full Story Complete the form to unlock this article...

International
GlobalEcon Grows Chinese Presence With Shanghai Office
January 21, 2020

Global Economics Group (GlobalEcon) has branched out in China with the opening of an office in Shanghai, its second location in the country, the economic management consulting firm announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and...

International
JP Morgan Creates $100B Funding Arm To Help UN
January 21, 2020

JPMorgan has created a $100 billion funding arm — the JPMorgan Development Finance Institution (DFI) — to expand investments in emerging markets and help the United Nations (U.N.) meets its Sustainable Development Goals, JPMorgan announced on Tuesday (Jan. 21). Get the Full Story Complete the form...

International
Goldman Gets Green Light To Operate Bank In South Africa
January 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Mexican President Considers Raffling Off $130M Luxury Jet
January 20, 2020

One might assume that a luxury jet, particularly one with a large “presidential suite” and private bath facilities, wouldn’t be a hard sell on the open market. That assumption, Mexican President Andres Manuel Lopez Obrador can confirm, would be a faulty one. The leftist Mexican...

International
Malaysia Promotes Cashless Society With eWallet Incentive Award
January 20, 2020

 As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat (people’s e-cash) program, according to reports on Friday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy...

International
US-funded VPNs, Apps See Increased Usage In Iran
January 20, 2020

U.S.-backed virtual private networks (VPNs) are working to help Iranians circumvent internet censorship from their own government. 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 to our...