International

International
TransferWise Reports 66 Pct. Profit Growth YOY
September 18, 2019

TransferWise, one of Europe’s top five FinTech startups, announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. 18). Get the Full Story Complete the form to unlock this...

Global Payments
FinTech InstaReM Launches Remittance Service In Canada
September 18, 2019

Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Amazon Seeks Delivery Expansion In Germany
September 17, 2019

Amazon said it has started hiring delivery drivers in Germany as it ramps up its logistics arm, with plans to open 11 more distribution centers in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

International
India Traders Oppose Amazon’s Festival Sales
September 13, 2019

One of India’s largest trading bodies, the Confederation of All India Traders (CAIT), has asked the government to ban Amazon and Flipkart from offering sales tied to upcoming Indian festivals, arguing that the discounts break the rules for foreign investment in terms of online retail,...

International
ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record Low
September 12, 2019

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a new bond-buying program, CNBC reported on Thursday (Sept. 12). Get the Full Story Complete the form to unlock this article...

International
Anglo-Gulf Trade Bank Gets First Digital Banking License in UAE
September 11, 2019

Anglo-Gulf Trade Bank (AGTB) was awarded the first digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Islamic Business & Finance reported on Wednesday (Sept. 11). Get the Full Story Complete the form to...

International
New PayU Mobile App Gives Merchants Total Account Access
September 10, 2019

PayU, a FinTech based in the Netherlands, has released an app for merchants in India that allows them to keep track of their businesses while they’re “on the move,” according to reports.  Get the Full Story Complete the form to unlock this article and enjoy...

International
Jack Ma’s Alibaba Legacy Of Commerce, Payments — And Even Healthcare
September 09, 2019

Some people build from the background, by design or default, working on seemingly small and mundane things that nevertheless have a great impact on the lives of millions upon millions of people. Think, perhaps, of all those World War II and post-war era mathematicians, physicists...

International
Argentine Currency Controls Could Trigger Black Market Trading
September 09, 2019

Black-market money changers are expected to return in Argentina following the government’s recent rollout of currency controls in an attempt to quell the demand for foreign currency, the Financial Times reported on Sunday (Sept. 8). Get the Full Story Complete the form to unlock this...