International

South East Asia
Chinese Banks Reined In Lending In February
March 10, 2019

Banks in China reined in lending in February coming off a record high at the start of 2019, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
The Tie That Binds? The Royal Instagram And Brexit Preppers
March 09, 2019

Over the centuries, the British have gained a reputation for a certain steadiness of character, best epitomized via the “Keep Calm and Carry On” poster commissioned by the British government in 1939 in preparation for World War II. Get the Full Story Complete the form to...

International
Bike Sharing Co Mobike Backpedals Operations To Focus On China
March 08, 2019

Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Alibaba, Ant Financial Explore Joint Biz Initiatives
March 08, 2019

To help head up joint business initiatives and work toward the alignment of their long-term interests, Alibaba Group Holding Ltd. and Ant Financial reportedly plan to form a steering committee. Alibaba Chief Executive Officer Daniel Zhang is said to head up the group, which will reportedly be...

Global Payments
State Bank Of India Teams With FSS; AlipayHK Attains 2M Users
March 07, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the State Bank of India (SBI)’s work with FSS (Financial Software and Systems) on “One Nation One Card.” The Chinese Consulate General rolled out mobile payments, AlipayHK has attained...

Latin America
SoftBank Launches $2B Fund For LatAm Tech Investments
March 07, 2019

SoftBank, the Japan-based technology company, is rolling out a $2 billion fund that will target Latin American technology companies. 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...

International
China Does About-Face On Tech Handover Demands
March 06, 2019

Might one leg of the trade war between China and the United States have fallen away? 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 daily...

Global Payments
SnapPay Teams With Alipay At FoodyMart; Soldo Awarded Irish eMoney License
March 06, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes SnapPay teaming up with Alipay to bring the digital payment method to a supermarket company in Canada. The U.K.’s Soldo FinTech firm said it earned an eMoney license from the...

International
French Government Institutes 3 Percent Digital Tax
March 06, 2019

The French government is going after U.S.-based internet companies, announcing Wednesday (March 6) the introduction of a digital tax that will impact companies including Google, Facebook, and Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...