Cross-border Payments

Global Payments
ShopKeep Teams Up With Gravity Payments; Singapore Requires Banks To Step Up Verification Efforts
July 24, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Monetary Authority of Singapore’s requirement to have banks implement stronger customer verification processes in the wake of the cyberattack on SingHealth. In addition, INTL FCStone Ltd.’s Global Payments...

Europe
Revamped UK Payment System Embraces Blockchain
July 24, 2018

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). According to Reuters, the new plans will see the payments system, that supports British banking and trading, boost its defenses against cyberattacks by 2020, as...

Global Payments
BNP Paribas Unveils UK SME Debt Fund; Nanjing Rolls Out $1.5M Blockchain Fund
July 23, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes BNP Paribas Asset Management’s new U.K. debt fund. In addition, a city in China is rolling out a new $1.5 billion blockchain fund, and the U.A.E’s Network International has launched a...

Cross-border Payments
Trade Wars, IP Wars, And Who Wins Between China And US?
July 23, 2018

It’s earnings season, which leads us to mull the fate of companies large and small, and of industries that are global in scope. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
European Finance Leaders Want More Progress On Digital Company Tax
July 23, 2018

The finance leaders in Europe called for more progress to be made on rules for taxing digital companies during a G20 meeting of finance ministers and central bankers this past weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
Brussels Rebuffs UK Post-Brexit FinServ Plan
July 23, 2018

Brussels has rejected the U.K.’s proposals on how to govern London’s access to the European market after Brexit. 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...

Cross-border Payments
PayPal On Tariffs, Trust And What’s Next For Cross-Border Commerce
July 23, 2018

Every year for the last four, PayPal has released it Cross-Border Consumer Research report, an annual report card on marketplaces’ progress and a snapshot on the where, why and how of international commerce. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Startups Settle In Sydney To Join Growing FinTech Ecosystem 
July 20, 2018

Sydney, the most populous city in Australia, is also a burgeoning FinTech hub: In fact, Deloitte has ranked it as the eighth most conducive hub for growth in the FinTech sector. The city also has a deep financial talent pool, “robust” wealth management and a...

Global Payments
Visa Everywhere Teams Advance To Finals, PaySense Notches $18M In Funding
July 20, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Farfetch‘s acquisition of CuriosityChina. In addition, teams in Visa’s Everywhere Initiative have advanced to the finals and India-based PaySense has notched $18 million in a Series B funding round.  Get the...