In an effort to strengthen the economy in hamlets and small cities, China is looking to make mobile payments commonplace in rural places prior to the close of 2020. The goal came amid published guidelines from the central bank and the Ministry of Finance, among...
President Donald Trump told U.S. companies that they need to work harder to build 5G networks, and that they should lead by competition — not by blocking other companies, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden’s Fingerprint Cards AB unveiling a biometric software platform for payment cards, wearables and USB dongles. The Austrian unit of LGT has rolled out The Avaloq Banking Suite, Singapore mobile...
Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.K. and other European nations are considering whether to impose restrictions on Chinese telecommunications giant Huawei, but the issue is complicated because it could delay the region’s adoption of 5G networks, according to a report by Bloomberg. Get the Full Story Complete the form...
The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. 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...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the introduction of automated teller machines (ATMs) with facial recognition technology from Spain’s CaixaBank. The U.K.’s Tesco Bank unveiled Apple Siri functionality for its mobile app, state-owned firms in...
In a restructuring move for its customer support department, PayPal has closed its office in Malaysia, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Burger King Russia’s collaboration with WebMoney Transfer for quick response (QR) code-based payments. In addition, Bleep UK PLC has rolled out its Bleep SS-821 self-service kiosks, and SOTI found that a majority...
