International

International
Cyber and Data Risks Top List of International Growing Pains
May 26, 2023

Good people have always been the key to good business. For firms looking to expand into new markets and gain a greater share of the landscape relative to their competition, hiring employees internationally offers attractive access to a larger talent pool as well as new...

Global Payments
Cross-Border Sellers Want Tools – and Insights – to Avoid FX and Localization Pitfalls
May 16, 2023

Selecting countries ripe for cross-border expansion requires thoughtful analysis of the payments landscape within different geographies to enable successful market penetration with minimal cost and risk to the merchant. That was a key takeaway from a PYMNTS conversation with Roman Tazetdinov, head of geo expansion at Worldline....

International
Macron Invites Global Companies to ‘Choose France’
May 14, 2023

France’s president is due to unveil billions in investments in his country by global businesses. Emmanuel Macron has invited around 200 business leaders to Versailles on Monday (May 15), according to a report Sunday (May 14) by Bloomberg News. The meeting — which will include the...

International
Report: PayU Could Be Sold Off by Owner Prosus
May 09, 2023

Investment firm Prosus is reportedly considering a sale for its payments company PayU. The company is working with Bank of America Corp. as it determines interest in PayU outside India, Bloomberg News reported Tuesday (May 9), citing unnamed sources. The sources said a deal could...

International
Ant Group Reportedly Won’t Get Financial Holding Company License for Months
May 05, 2023

Ant Group may not see progress on its application for a license from China until the second half of the year or later. The Chinese FinTech aims to obtain a financial holding company license and become a fully regulated company, but its efforts have been...

International
British Consumers Expect Inflation to Slow
May 01, 2023

British consumers are feeling more optimistic about inflation. Consumers said in April that they expect inflation to be 5.2% a year from now, a figure that was lower than the 5.4% they said they expected in March, Reuters reported Monday (May 1), citing a survey...

International
China Seeks Spike in Travel and Shopping Following Pandemic
April 30, 2023

China is reportedly seeing a sharp increase in post-COVID travel and consumer activity. A Sunday (April 30) report by Bloomberg News, citing data from local media and the government, said that 19.7 million rail trips were made in China on Saturday (April 29), the first...

Global Payments
dLocal Debuts All-in-One Payment Solution
April 13, 2023

Payment platform dLocal has debuted a new “all-in-one” tool for online businesses. dLocal for Platforms lets dLocal onboard sellers, service providers or contractors to the platform, while dLocal verifies them before paying out, according to a Thursday (April 13) press release. “Everyone selling their services...

International
Nuvei Takes Three-Tiered Approach to Australia Launch
March 21, 2023

As China comes back online and adjoining markets like Hong Kong and nearby Singapore also reawaken from a COVID-induced slumber, that part of the world is hungry for digital innovation in payments and fraud prevention, creating an opening for platform players and their solutions. One...