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Today In Payments Around The World: US Halts Tariffs On French Products; China Considers More Stringent Online Oversight

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In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. Plus, the World Health Organization (WHO) is warning that Europe is likely entering an “acute” phase of the pandemic.

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Europe Sees More Restrictions To Fight Pandemic

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As a mix of regional and national measures are put into place amid a “second wave” on the continent, governments throughout Europe have put forward more limitations to stem the proliferation of the coronavirus. Also, the Republic of Ireland will transition into “Level Five” limitations, ABC News reported. On Monday (Oct.

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Today In Payments Around The World: Telekomunikasi Selular Mulls $150M Investment In Gojek; Stripe Grows Partnership With Mindbody

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In today’s top payments news around the world, Indonesian wireless carrier Telekomunikasi Selular is considering a $150 million investment in Gojek convertible bonds, while Stripe has expanded its partnership with Mindbody. The bit of good news came after disappointing results in Q2, which saw a fall of 11.8 and Canada.

Payments 142
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EU Says Tourism Sector Could Slide 70 Pct. From COVID-19

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Europe’s $849 billion annual tourist industry is taking a beating as visitors heed stay-at-home orders around the globe amid the COVID-19 pandemic. While Europe is not alone in facing vacant tourism destinations, Breton said the European market accounts for half of world tourism. It could take 1.5 trillion euros (1.63

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Hong Kong’s SMB FinTech Neat Nets $11M

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The company’s goal is to offer smart financial tools to small- to medium-sized businesses (SMBs), including multi-currency accounts that customers can open quickly, corporate expense cards, and the option to send and receive money from anywhere in the world.

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Bird Buys eScooter Company Circ

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Circ is a top shared eScooter company in the Middle East and Europe. The company has brought “world-class city-centric solutions and customer service to millions of riders” with operations in 43 cities in 12 nations per the acquisition announcement.

Company 133
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Bird Buys eScooter Competitor Circ

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Circ is a top shared eScooter company in the Middle East and Europe. The company has brought “world-class city-centric solutions and customer service to millions of riders” with operations in 43 cities in 12 nations per the acquisition announcement.