International

International
Uber’s Competitor In China Raises $2 Billion
July 09, 2015

The chief Chinese ride-sharing competitor to Uber has announced it has raised $2 billion in new funding. 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...

EMVCo Membership Grows With Eight More Members
July 09, 2015

EMVCo, the industry governing body that oversees standards related to the EMV chip cards and payments including tokenization and 3D Secure, said eight new members have joined its consortium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Europe
Greeks Save Money By … Spending?
July 09, 2015

An increased interest in spending among Greek nationals indicates not the confidence a sudden spending boom normally denotes, but instead deep-seated worry about what comes next as the nation contemplates the possibility that they might be done with the Eurozone. Get the Full Story Complete...

Europe
Airbnb-Like Online Property Site Disrupting Real Estate
July 08, 2015

Yopa calls itself an “Online Property Agent” and is changing the way homeowners sell their houses in the U.K, reports Forbes. It works around the clock, seven days a week, through a call center which organizes home visits and handles technical issues. Yopa aims to...

Fed Demands Santander Clean Up Risk Management
July 08, 2015

The Federal Reserve is mandating that Banco Santander SA make sweeping changes in its risk management practices at its U.S. unit, The Wall Street Journal reported Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

UK Mobile Sales Spike But Overall Order Value Dips
July 08, 2015

The portion of eCommerce sales that came through mobile devices jumped to 17 percent, up from 15.89 percent in Q1 2015, according to the Q2 mobile data of U.K.-based marketing network Affiliate Window. Get the Full Story Complete the form to unlock this article and...

Europe
Fundible Eyes E-Gifting Market With Latest Investment
July 08, 2015

Fundible, an innovative purchasing system allowing a group of customers to buy big purchases in the traveling and leisure industry, just raised £110,000 in equity investment from the Wales Technology Seed Fund. Get the Full Story Complete the form to unlock this article and enjoy...

What’s To Blame For Samsung’s Sales Slump?
July 08, 2015

Smartphones may be behind the most recent earnings estimates offered up by South Korea’s technology titan Samsung Electronics. 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...

International
Xoom Launches Chinese Website
July 08, 2015

Digital money transfer provider Xoom announced the launch of its Chinese language site for sending money to China yesterday (July 7). The Chinese language will be made available on both Xoom’s desktop and mobile sites, allowing an in-language money transfer service complete with emails and...