International eCommerce is coming into its own. A recent report showed that it grew 30 percent from February 2020 to March 2021. As eCommerce becomes even more firmly entrenched in B2C and B2B, and as merchants move cross-border, they face opportunities and challenges. Perhaps the...
The International Air Transport Association (IATA) said in a press release that the trend of low passenger traffic on airplanes continued in February with no sign of recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top payments news around the world, Walmart’s Flipkart is working toward going public, while the International Monetary Fund (IMF) has brightened its global growth forecast. Plus, European Union institutions reportedly recently faced a cyberattack. Get the Full Story Complete the form to unlock...
JD Digits will set up a financial holding company to meet with China’s regulatory rules governing the FinTech sector, Bloomberg reported Wednesday (April 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top payments news around the world, Swiggy raised $800 million in a funding round, while Meesho landed $300 million in new funding. Plus, CRED revealed a new funding round that sets a $2.2 billion valuation for the firm. Get the Full Story Complete...
Argentinian eCommerce firm MercadoLibre will be investing $1.1 billion to expand in Mexico, Reuters reported. The expansion will help boost warehouse space and services in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Remittances sent to Mexico saw their biggest increase in February since records started being collected in 1995, Reuters reported. 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...
China’s government-backed push toward the use of the digital yuan and consumer behavior changes resulting from the pandemic led to a decrease in the number of ATMs in the country in 2020 compared with 2019, the Hindustan Times reported. Get the Full Story Complete the...
In today’s top payments news around the world, Glovo raised $530 million in a funding round, while the Department of the Treasury is working with the International Monetary Fund (IMF) to allocate as much as $650 billion in currency aid. Plus, China and Hong Kong...
