Cross-border Payments

Alternative Credit
MTN Partners with Tele 10 to Create Mobile Payments Service
April 30, 2014

MTN partnered with Tele10 to add a TV payment service to its payments options.

Cross-border Payments
Australian Bank Launches Cardless ATM Transactions
April 30, 2014

Commonwealth Bank launched an ATM system where customers can withdraw cash just by using their mobile device.

Cross-border Payments
20M British Banking Customers Waiting on mPay Access
April 30, 2014

mPay, which allows users to send up to £250 a day on their mobile phones using only phone numbers and without disclosing banking details, is already available to 30 million British Customers–those who bank with Barclays, Bank of Scotland, Halifax, HSBC, Lloyds, Santander or TSB. Get the...

Cross-border Payments
Neiman Marcus Can’t Persuade Chinese Customers To Pay Full Price
April 30, 2014

After purchasing a 44 percent stake nearly three years ago for a reported $28 million, Neiman Marcus is pulling out of China’s Glamor Sales Ltd. The Chinese company, which made a name for itself selling high-end fashions at a discount, was supposed to function as...

Cross-border Payments
Commonwealth Bank Set to Launch Square Competitor
April 30, 2014

The bank plans to launch the device on Wednesday.

Company Profile
MasterCard Launches eWallet in New Zealand
April 30, 2014

The MasterCard MasterPass has already launched in over 20 countries.

Cross-border Payments
Korean Credit Card Companies Cut Visa and MasterCard
April 30, 2014

The companies are cutting off in order to save money from royalty fees.

B2B Payments
Global Payout, Inc. Expands Into the Philippines
April 29, 2014

aying Filipino international workers just got easier with Global Payout, Inc.’s announced expansion into the Philippines with its proprietary MoneyTracTM Consolidated Payment Gateway (CPG) platform. The move will make it easier for employers to compensate their employees no matter where they are on the globe...

Cross-border Payments
New African Mobile Wallet Enters Payments Platform
April 29, 2014

According to the bank, the new app has the potential to reach almost 9 million consumers in Uganda.