Cross-border Payments

Global Banks Eye Digital Overhaul
March 11, 2015

Global banks are now more worried about their digital strategies than with regulatory concerns, as customers expect banks to be more like their non-financial competitors, Finextra reported on Tuesday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

China’s Cross-Border Payments System Nearing Launch
March 10, 2015

China is one step closer to launching its international cross-border yuan payments system, reported Reuters, which cited unnamed sources who indicated the move could occur as soon as September or October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Will Samsung Pay Waive Merchant Fees In The US?
March 10, 2015

Samsung won’t be charging anyone for Samsung Pay when it rolls out the mobile payment service in Korea — not card issuing banks and not payment processors, Business Korea reported on Monday (March 9). Get the Full Story Complete the form to unlock this article...

Cybersecurity
Korea Switching To Chip-Only Card ATMs
March 10, 2015

South Korea has officially cut off the use of magnetic-stripe payment cards for getting cash at ATMs, according to English-language newspaper, The Korea Herald. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Subway Launches Wi-Fi Loyalty Program
March 10, 2015

Sandwich chain Subway is testing a link between its loyalty program and access to its in-store Wi-Fi – and it’s trying out the new approach in some places that aren’t accustomed to being mobile technology guinea pigs. Get the Full Story Complete the form to...

Cross-border Payments
China Pushes Toward More E-Commerce Regulation
March 10, 2015

Alibaba is shaking up its e-commerce operations in China, putting all three of its major platforms under Alibaba co-founder Jeff Zhang, Reuters reported on Monday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

MasterCard And Microsoft’s Micro Merchant Innovation
March 09, 2015

For financial inclusion efforts to be effective, MasterCard CEO Ajay Banga said last week at Mobile World Congress that it will involve private and public partnerships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Airbnb And Zipcar Join UK’s ‘Sharing Economy’
March 09, 2015

Airbnb and Zipcar are among the 21 founding members of Sharing Economy UK, a trade group intended to champion companies in the U.K.’s sharing sector, according to The Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Rocket Internet Bulks Up Price Comparison Portfolio
March 09, 2015

Rocket Internet’s price-comparison search engine PricePanda, which has been steadily expanding across Asian markets, is merging with Australia’s GetPrice, the two companies announced on Thursday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...