While President Donald Trump has boasted that his tariffs imposed on China and other countries have made billions of dollars for the U.S., the reality is that no foreign country has actually paid for any of it. Get the Full Story Complete the form to...
British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many years, according to a survey by the Bank of England. As Reuters reported, the survey findings add to the already...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the availability of SwatchPAY! in Switzerland. In addition, Paytm is working with Zomato on food delivery in India, and cafe+co International tapped Nayax to be its exclusive supplier of...
Down for the count, where the tally is 432 to 202. 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 newsletter, PYMNTS Today. By completing...
Technology executives appear to back the U.S. trade war with China, with CNBC reporting some tech executives have expressed support for the fight with CNBC’s Jim Cramer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with Joint Electronic Teller Services Limited (JETCO) in Hong Kong. In addition, Factris has acquired an invoice financing firm that serves the Lithuanian...
China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar with the matter, Financial Times (FT) reported that while Visa and Mastercard submitted their applications to the People’s Bank of China...
Chile is considering a 19 percent tax on multinational eCommerce companies like Amazon, Netflix and Uber. 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...
Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail sales had their worst performance since December of 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
