International

International
PSD2’s $2 Billion UK Bank Tax
May 17, 2016

In the United Kingdom, British banks could see a £1.45 billion ($2.1 billion) hit to revenues across the next few years, as part of a trend where mobile apps are taking the field, allowing for what Financial Times reported would be a longer-term movement towards consumers...

International
South Korea Initiates Startup Accelerator Program
May 16, 2016

The country’s government is making a significant effort to bring more diversity and enhancements to its tech industry by creating an accelerator for startups from around the globe, TechCrunch reported late last week. Get the Full Story Complete the form to unlock this article and...

International
In Iran, Banks Tread Cautiously … If At All
May 13, 2016

The nuclear deal that is in place between Iran and a number of other nations does not have the teeth it might otherwise have to help – and key to that stymied effort is the fact that Iran remains largely isolated from interacting with the...

International
The UK’s Technology ‘Hotbed’ Picks Up Steam
May 13, 2016

Each week, PYMNTS will cast a global spotlight on one of the many tech hubs sprouting up across the world. This Weekly Country Roundup will highlight the tech innovations, key initiatives and recent news from players and innovators within a particular nation. Get the Full...

Android Digs Into Apple’s China, Europe Market Share
May 11, 2016

Apple’s losses are Android’s gains. At least that’s the case in two of their largest smartphone markets — China and Europe — where Android continues to cut into Apple’s market share. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Lending Club Ripple Effect Reaches Across The Pond
May 11, 2016

The Lending Club saga has had reverberations across the pond, according to Reuters. 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, PYMNTS Today....

A Tale Of Two Payments Regions: UK And Germany
May 10, 2016

The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers. Get the Full Story Complete the form to unlock this article and enjoy...

International
Anti-Counterfeiting Group Loses Gucci And Michael Kors Over Alibaba’s Involvement
May 09, 2016

Michael Kors and Gucci America have jointly walked on the International Anti-Counterfeiting Coalition because Chinese eCommerce giant Alibaba has been allowed to join. Alibaba faces wide criticisms — not to mention litigation — over the wide variety of fakes for sale on its marketplaces. Get...

International
Philippine Bank President Quits Amid Heist Scandal
May 09, 2016

The cyberheist scandal that hit a large Philippine bank, in connection with a $81 million theft, claimed a victim last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...