International

International
International Spectators Banned From Tokyo Summer Games
March 21, 2021

This year’s Olympic and Paralympic Games Tokyo will not be letting in overseas spectators, a press release says. 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...

International
Container Ships Still Stranded Off West Coast
March 21, 2021

U.S. businesses that import goods from China are struggling with shortages due to severe damage to supply chains that have yet to recover from COVID-19 even as production in Asia has bounced back, ABC News reports. Get the Full Story Complete the form to unlock...

International
UK Gov’t Says Holidays Abroad Invite Further Lockdowns
March 21, 2021

Tourism companies that serve British travelers seeking holidays abroad are bracing for another summer of gloomy business following a government science adviser’s warning Saturday (March 20), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Global Payments
Visa To Raise Interchange On EU-UK Cross-Border Transactions
March 21, 2021

Visa is preparing to increase the fees it charges on behalf of banks on transactions between the United Kingdom and European Union countries beginning in October, the Financial Times (FT) reported, citing unnamed sources. The fees are called “interchange fees.” Get the Full Story Complete...

International
Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
March 18, 2021

BangNiTou, a robo-adviser service backed by Vanguard and Ant Group, has reached 1 million users, according to Bloomberg. 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...

International
Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest...
March 18, 2021

In today’s top payments news around the world, Pollinate has notched $50 million to bring its software business to North America and develop its platform technology, while The Rise Fund will invest $200 million in the mobile money business of Airtel Africa. Plus, Alibaba Group...

International
Jamaica Readies For CBDC Later In 2021
March 17, 2021

Among the countries looking at central bank digital currencies (CBDCs) is Jamaica, CoinDesk 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 to our daily newsletter, PYMNTS...

International
Baidu’s Second Listing In Hong Kong To Bring In $3.1 Billion
March 17, 2021

Chinese search engine and tech giant Baidu, which specializes in artificial intelligence, raised $3.1 billion from a secondary listing in Hong Kong, South China Morning Post (SCMP) reported on Wednesday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Japan’s Line Accused Of Letting Chinese Engineers Tap User Data
March 17, 2021

Messaging app provider Line is being investigated by the Japanese government over accusations that user data was accessed by Chinese engineers without informing people, which is a violation of data protection mandates that have been amended in Japan but won’t go into effect until early...