International

International
Tencent Gathers Autonomous Tech Team In CA
November 07, 2018

Chinese tech giant Tencent Holdings is looking to hire self-driving car engineers in Palo Alto, California. 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...

International
SWIFT Kicks Iranian Banks Off Messaging System Due To Sanctions
November 06, 2018

SWIFT, the messaging system that connects over 11,000 financial institutions as they transfer money around the globe, has ended its relationship with Iranian banks, succumbing to pressure from the Trump White House. Get the Full Story Complete the form to unlock this article and enjoy...

International
Tencent To ID Chinese Gamers
November 05, 2018

China’s Tencent Holdings will require users to show proof of their ages and identities against police records in order to play its video games. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Africa’s Internet-Connected Population Provides Opportunity For Mobile Money
November 05, 2018

In many parts of sub-Saharan Africa, almost 90 percent of all payments and transactions are based on cash. But there is a large opportunity to increase mobile money penetration, as two-thirds of the region is adopting mobile phones. Companies like Cellulant are tapping into this...

International
People’s Bank Of China Plans To Manage Money Supply Growth
November 02, 2018

To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as a warning against a stimulus approach to an economy that is slowing along with a trade war, Financial Times reported....

International
Tencent Eyes Healthcare, Connected-Car Industry
November 02, 2018

Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
WeLab Eyes Services In China Beyond Lending
November 01, 2018

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Regulations take shape, usually quite a bit more slowly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
UK Facing Pushback For Tax On Tech Companies’ Revenue
October 31, 2018

The U.K. is facing pushback by lawmakers in the U.S. and lobbyists who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent. Get the Full Story Complete the form to unlock this article...

Global Payments
Klarna Integrates Sofort With Shopify Payments; Japan Mulls QR Code Standard For Transit
October 30, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Klarna’s integration with Shopify for payments to German merchants. In addition, Google Pay has become available in the Scandinavian countries, and the industry ministry in Japan is mulling unified quick...