International

GSMA/Mobile Operators Address Mobile Money Gender Gap
February 23, 2016

The GSMA said on Monday (Feb. 22) that it has launched what is known as the Connected Women Commitment Initiative, which the collection of mobile phone operators and other firms said represents a commitment to reducing what it termed the “mobile gender gap.” Get the Full...

International
Lower Still, Doing The Negative Rate Limbo
February 19, 2016

The banking sector has had its share of woes, from stock declines to the threat of earnings pressure and outsized energy loans on the books, raising the specter of missed payments from the oil patch. Get the Full Story Complete the form to unlock this...

International
Citigroup Exits Argentina/Brazil Retail Banking
February 19, 2016

Citigroup is looking to get out of retail banking operations in Argentina and Brazil, two countries where it has had a retail and branch presence for more than a century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
GM’s Finance Unit Has Own Online Bank — In Germany
February 19, 2016

Automotive giant General Motors Co., in what The Wall Street Journal said Thursday (Feb. 18) represented a move to help streamline funding costs and boost lending profits, is in the midst of running an Internet-based bank in Germany. It is also taking on retail deposits...

International
Nordic Payments Firm Nets Heading For IPO?
February 18, 2016

Another payments processor may be coming to the public equity markets. Bloomberg reported that the owners of Nets Holding A/S are looking at a number of options for the company, with an eye on an initial public offering. The newswire quoted unnamed sources familiar with...

International
Uber Losing $1 Billion A Year In China
February 18, 2016

Uber’s efforts to get a grip over the Chinese ride-hailing app market are coming at a cost much greater than what it might have imagined when it first rolled out its service in late 2013. Get the Full Story Complete the form to unlock this...

International
ISIS Wants Greenbacks — And That’s A Worrisome Sign
February 17, 2016

Here’s the good news: ISIS is strapped for cash and morale is low. Here’s the bad news: ISIS is strapped for cash and morale is low – and the terror group wants greenbacks. Get the Full Story Complete the form to unlock this article and...

Watch What China’s Currency Does, Not What Policymakers Say
February 16, 2016

Remember the big currency devaluation from China this past summer that crushed markets? No? Neither do investors, for the moment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Europe
iZettle Moves On SMB Financing
February 16, 2016

Europe’s arguably better-run answer to Square, iZettle, has decided to broaden the purview of its business beyond the mPOS systems that put it on the map. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...