Walmart Brasil has announced it will shutter its eCommerce division in Brazil and focus on physical stores, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When it comes to money, the little things really do matter — the really, really little things. That’s what Australian authorities are learning this week in a case that involves an expensive typo on 46 million of the country’s new $50 notes. And it’s a lesson...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the Czech Republic-based Twisto’s €14 million raise. In addition, U.K. cash deposit platform developer Flagstone took in £11m in funding, and another four firms have reportedly received banking licenses...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an eWallet payment service with Boost and Shell Malaysia. In addition, Countingup is teaming up with insurance solutions provider Hokodo in the U.K., and Grab is tapping...
Continuing a partnership first announced last spring, as of today Flywire and UnionPay International are announcing the re-launch of a promotional program that will offer Chinese nationals the option to use their UnionPay cards for global tuition or healthcare payments for a greatly discounted fee....
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the debut of Hong Kong’s MeReal Biometrics Keyper smart fingerprint card. Ireland’s FinTech Umba has notched funding from two venture capital firms, Malaysia’s Maybank has implemented a SWIFT global...
Welcome to The Axis, your late look at payments news from around the world. PaySend, a U.K. FinTech firm, has debuted an app that enables users to tap into their mobile numbers to make payments. Prepaid Financial Services (PFS) has teamed with Garmin Pay for...
India is one of the last growth tech markets in the world, and Silicon Valley tech companies have been pushing aggressively there for years. The fierce competition has leveled many native tech companies, but not Times Internet, an Indian media conglomerate, according to a report....
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sonect obtaining an eMoney license in Lithuania. In addition, Sainsbury’s rolled out a till-free London brick-and-mortar store in the United Kingdom, and Alipay is working with food and travel marketplace...
