International

International
Western Union Brings Cuba Digital Money Transfers
June 08, 2016

Global payments company Western Union announced on Tuesday (June 7) that it is bringing mobile and online money transfers to Cuba through the Western Union app and website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

China Officially Allows US Card Network Access
June 08, 2016

It’s been a long time coming for major U.S. payments networks, like Visa and MasterCard, but yesterday (June 7), China’s government officially lifted the hurdle for foreign payment card companies to operate in China. Get the Full Story Complete the form to unlock this article...

International
Greenfield Opportunity Looms In India For Online Financing
June 07, 2016

Millions of businesses — many of them small — have limited access to capital by traditional means and a need for speed and efficiency. Biz2Credit CEO Rohit Arora explains why India beckons as a sweet spot for the online lender’s financing marketplace.

International
Iran’s Plan To Sidestep Payments Regs
June 07, 2016

Iran is slated to go live with an offshore bank within a month in its Gulf islands, Forbes reported. 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...

International
In China, Must All Tech – And Payments – Be Local?
June 03, 2016

In politics, they say, everything is local. In China, the same rule seems to apply. 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 newsletter,...

Europe
European Commission Approves Visa-Visa Europe Takeover
June 03, 2016

It looks like Visa and Visa Europe will be a single entity by the end of the month. The proposed takeover deal has cleared its last major hurdle with the announcement today that the European Commission has given the deal full regulatory approval. Get the...

International
Unveiling Stockholm’s Stealth Startup Breeding Ground
June 03, 2016

Don’t let Sweden’s relatively small size fool you, for within it lies what many consider to be a hotbed for startups and tech innovation. PYMNTS caught up with Sebastian Siemiatkowski, co-founder and CEO of Klarna, a startup “unicorn” that got its start in Stockholm, to...

International
Intel Plants FinTech Seeds In Tel Aviv
June 02, 2016

The U.S. has its Silicon Valley, and Israel has its own Silicon Wadi of concentrated tech know-how. However, while the former is established, the latter is still growing, in no small part thanks to the money Western companies keep pouring into it. Get the Full Story...

International
Monitise Stock Drops On News It Won’t Sell Voucher Business
June 02, 2016

U.K. mobile payments company Monitise saw its shares fall on Tuesday (May 31) after it announced it will no longer look to sell its voucher business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...