International

Europe
EU Official Downplays 5G Delay Over Security Concerns
January 19, 2020

European industrial policy chief Thierry Breton said Sunday that he didn’t agree with claims that waiting on European companies to install a 5G network would delay the rollout of the new technology. Get the Full Story Complete the form to unlock this article and enjoy...

International
China Posts Worst Slowdown In Nearly Three Decades
January 17, 2020

China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Alibaba Promises To ‘Transform And Upgrade’ Olympic Games
January 15, 2020

Chinese tech giant Alibaba has an Olympic sponsorship deal that’s worth hundreds of millions of dollars, and the company said it plans to use its technology to change and improve the way the Olympics operate, according to a report by the Associated Press. Get the...

Global Payments
MoneyGram Teams With EbixCash To Bring Transfers To India
January 13, 2020

Payments solutions firm EbixCash is bringing cash card solutions to India with a MoneyGram partnership, MoneyGram announced on Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Wirecard Chairman Resigns After Resisting Calls For Audit
January 13, 2020

Following months of debate, Wirecard chairman Wulf Matthias, citing personal reasons, has stepped down, the Wall Street Journal reported on Saturday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Giving Financial Independence The Royal Treatment
January 11, 2020

For Americans, who didn’t grow up with a constitutional monarchy in place, the various ins-and-outs of the British royal family are a fun, if occasionally confusing, spectacle to watch from a distance. They have great taste in hats and brooches, they play an astonishing amount...

International
WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students
January 09, 2020

Tencent’s WeChat Pay has introduced a payment service aimed at Chinese students who want to pay their tuition fees at universities in South Korea, according to reports. The move is an attempt to make it easier for those students to make cross-border transactions. Get the...

International
Walmart Expanded Mexico Market Share With 134 New Stores In 2019
January 09, 2020

Last year, Walmart rolled out 134 additional stores in Mexico, increasing its presence there by almost 5 percent, CNBC reported on Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
China Likely To See More P2P Shutdowns This Year
January 09, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...