International

South Asia
Bangladeshi Banking Officials Closer To Recovering A Fraction Of $81M Stolen Earlier This Year
August 05, 2016

A team from the recently heisted Bangladeshi central bank visiting Manila in an attempt to recover some of the $81 million cybercriminals successfully boosted from their accounts at the New York Fed via the Swift Interbank messaging system says it is getting closer to taking...

International
Wait, Is Amazon Beating Alibaba In China?
August 04, 2016

No, not technically, but a new study finds that Amazon is the preferred marketplace for Chinese eTailers when they want to sell their goods internationally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Brexit Leading To Bigger Grocery Bills In Britain
August 03, 2016

Supermarket prices rose about 1 percent in July in the United Kingdom, the second straight month prices have increased, which seems to suggest more fallout from the U.K.’s controversial Brexit vote to leave the European Union. Get the Full Story Complete the form to unlock this...

International
FINO PayTech Eyes Bank Launch
August 02, 2016

FINO PayTech, the India-based alternative finance firm, wants to grab one more investing round before launching its payments bank in the next six months, NDTV reported on Monday (Aug. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

South East Asia
Didi Chuxing To Buy Uber Out In China
August 01, 2016

After a long, expensive and frustrating fight, it looks like Uber is officially ready to retire its efforts in China. Instead of operating and competing directly for Chinese riders, Uber is instead taking a minority stake in the firm that essentially out-competed them in China...

International
Alipay Chief Talks UnionPay Strategy
August 01, 2016

Though state-backed China UnionPay currently dominates China’s payment market, Ant Financial Services President Eric Jing says Alipay (and consumers embracing mobile payments) is diverting billions in fees away from UnionPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Pokémon GO: Game-Changing Game Or High-Tech Pet Rock?
July 30, 2016

A little over 40 years ago, the Pet Rock was a national phenomenon. 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....

International
Are Dublin’s ‘Silicon Docks’ A Haven For FinTech?
July 29, 2016

Ireland’s tech community is on the rise, with Dublin standing at the epicenter. As established tech giants continue to set up shop in the city and homegrown startups flourish, it’s no wonder Dublin has been named a contender in the race to be Europe’s post-Brexit...

International
Brazil’s Elo Card Makes First Transaction Outside Of Country
July 27, 2016

Elo, the Brazilian card brand, announced on Tuesday (July 26) it has conducted its first transaction outside of the country. The transaction with the Elo card was in the U.S. on the Discover Global Network, and the company said it shows the card is being...