International

South East Asia
Alibaba Doubles Down On Brick-And-Mortar Push With Bailian Deal
February 20, 2017

China’s Alibaba Group Holding has announced a strategic alliance with the Bailian Group — China’s  largest retailer by store numbers — to join the e-commerce giant’s drive to use big data to improve and profit from brick-and-mortar sales. Get the Full Story Complete the form...

International
India’s Cash Ban Hurting Rural Areas
February 17, 2017

The decision to make the economy in India less dependent on cash led to a temporary cash shortage that slowed the economy and forced thousands of people to gather outside of banks in an effort to get money to pay for food and wages. Get...

International
Tech Center: Leeds Capitalizes On Its FinTech Growth
February 17, 2017

London isn’t the U.K.’s only FinTech powerhouse. Tucked away in northern England, Leeds is using its fast-growing FinTech sector as a springboard to gain recognition as a global tech center. In this week’s Tech Center tracker, Sean Mallon, CEO of Bizdaq, joined PYMNTS to discuss...

International
Bollywood Takes Up Cause Of Moving Away From Cash In India
February 14, 2017

Bollywood’s stars are joining forces for a cause in India: getting wealthy citizens to forgo the use of cash. 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
Violent Crime In Brazil Pushes Uber To Rethink Cash Strategy
February 14, 2017

Modolo Filho was the first Uber driver to be murdered in Brazil — by two “teenagers” who had called for a ride to be paid in cash who went on to rob and stab him to death. Since his murder, police have confirmed at least six...

Starbucks Continues Its Expansion Into China With WeChat Promotion
February 13, 2017

Good news for caffeine lovers in China: Starbucks has introduced coffee gifting via WeChat, the country’s top messaging app. The feature arrives just in time for Valentine’s Day, and the promotion’s name — “Say it with Starbucks” — is even a play on words since...

International
Mint Payments Completes $6M Placement For Southeast Asia Expansion
February 13, 2017

Mint Payments on Friday (Feb. 10) announced it completed a placement of new shares, which it is using to expand in South East Asia’s payments market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Tech Center: EU’s Capital City Grows Tech Reputation
February 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The region is also home to an active and fast-growing startup scene. In this week’s Tech Center tracker, Patrick Lastennet, director of business development...

International
Chinese Foreign Exchange Reserves At 6-Year Low
February 08, 2017

China’s foreign exchange reserves have slipped below the $3 trillion mark, as measured in January. The latest tally is the lowest in roughly six years, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...