Welcome to The Axis, your late look at payments news from around the world. Coverage includes a tie-up between Grab and Kasikornbank for a mobile wallet in Thailand. In addition, Erste Bank has updated its MobilePay offering in Hungary, and Wallex Technologies has officially rolled...
Western Union and M-PESA announce today a global P2P partnership that will make it easier for M-PESA customers to send money outside of Kenya and for this highly popular mobile payments platform to scale globally. Get the Full Story Complete the form to unlock this...
Chinese tech giant Tencent Holdings is looking to hire self-driving car engineers in Palo Alto, California. 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 our daily...
SWIFT, the messaging system that connects over 11,000 financial institutions as they transfer money around the globe, has ended its relationship with Iranian banks, succumbing to pressure from the Trump White House. Get the Full Story Complete the form to unlock this article and enjoy...
Even the smallest firms today are peddling their wares on Amazon, entering new markets and navigating the waves of FX volatility that can swamp top and bottom lines. Karl Schamotta illuminates the ways that firms large and small -- call them micro multi-nationals -- can be...
China’s Tencent Holdings will require users to show proof of their ages and identities against police records in order to play its video games. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In many parts of sub-Saharan Africa, almost 90 percent of all payments and transactions are based on cash. But there is a large opportunity to increase mobile money penetration, as two-thirds of the region is adopting mobile phones. Companies like Cellulant are tapping into this...
To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as a warning against a stimulus approach to an economy that is slowing along with a trade war, Financial Times reported....
Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...