International

International
China’s Economy Shows Mixed Second-Quarter Momentum
July 15, 2021

Amid rising commodity prices and supply chain disruptions, the economy in China saw a slowdown from April through June from its accelerated pace between January and March of this year, according to a government press release on Thursday (July 15).  Get the Full Story Complete...

International
Why The UK Can’t ‘Rest On Its Laurels’ When It Comes To Advancing FinTech
July 15, 2021

Halfway through the year 2021, the European FinTech segment is very much on fire. Investors poured $5.3 billion into London-based FinTech firms in the first half of the year — more than 2.5 times the amount invested in any other European city, leading New York and trailing...

International
Alibaba Looks To Collaborate With Tencent For Joint Services In China
July 14, 2021

Chinese tech companies Alibaba and Tencent are considering a collaboration that would share each firm’s offerings as Beijing steps up its crackdown on technology companies, The Wall Street Journal reported on Wednesday (July 13). Get the Full Story Complete the form to unlock this article...

International
ECB Begins ‘Investigation Phase’ Of Digital Euro Project
July 14, 2021

The European Central Bank announced on Wednesday (July 14) that it will begin the investigation phase of its digital euro project. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
RBI Tells Mastercard To Stop Onboarding New Card Customers In India
July 14, 2021

The Reserve Bank of India (RBI), India’s central bank, has announced that Mastercard Asia / Pacific Pte. Ltd. (Mastercard) will not be allowed to bring new domestic debit card, credit card or prepaid card customers onto its network starting July 22, 2021 due to non-compliance...

International
Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A...
July 13, 2021

In today’s top payments news around the world, SIBS MB has inked a deal with Discover Financial Services, while China is continuing at a fast pace on its efforts toward launching a digital currency. Plus, Germany-based GBTEC and Apromore are working with SAP integration company...

International
Discover, Portugal’s SIBS MB Strike Deal Over Credit Cards, Payments Options
July 13, 2021

SIBS MB, headquartered in Lisbon, Portugal, has inked a pact with Discover Financial Services regarding the Illinois-based payments company’s cards. It means that Discover, Diners Club International and related cardholders will be able to use their cards on the SIBS MB network at merchant and...

International
Uber’s Didi Exposure Signals Bumps Ahead
July 09, 2021

In investing, in valuation, on Wall Street in general, assets can become liabilities (and vice versa) in a moment. 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
Today In Payments Around The World: MobiKwik Might Be Near Filing For IPO; SoftBank Could...
July 09, 2021

In today’s top payments news around the world, One MobiKwik Systems Pvt is said to be getting close to an initial public offering (IPO) in Mumbai, India, while SoftBank Group is reportedly in talks to back API Holdings. Plus, the OECD says the post-pandemic recovery has...