International

International
Western Union Opens Platform To Asia Affiliates
October 23, 2019

Global payment services firm Western Union is expanding its cross-border platform into Asia, the company said in a press release on Wednesday (Oct. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection
October 21, 2019

Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Global Payments
Flywire’s Decade Of Focus On Life’s (Cross-Border Payments) Moments
October 21, 2019

For Flywire, the decade that’s about to wrap up in three months has been about much more than just a name change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses despite the economic slowdown in China, Bloomberg reported on Thursday (Oct. 17). Get the Full Story Complete the form to...

International
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Chinese Shoppers Will Have PayPal Access By Year End
October 16, 2019

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial Times, this means PayPal will be the only foreign company to have domestic and cross-border web services in China. Get...

International
Reserve Bank Of India Provides Guidelines For Payment Systems
October 15, 2019

The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs). Get the Full Story Complete the form to unlock...

International
Italy Sidesteps Sales Tax Hike With Levy On Digital Transactions
October 14, 2019

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and...

International
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...