International

Europe
Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
January 09, 2015

European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Luxury Resorts Hit By Payments Breach
January 09, 2015

A data breach at hotel management company AMResorts may have exposed payment card data and personal information of people who booked their vacations at the company’s luxury resorts, SC Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
UnionPay Goes Global
January 09, 2015

China’s UnionPay, which already has more payment cards in circulation than Visa or MasterCard, is now planning to expand beyond its current 148 countries and regions outside mainland China, according to Cash & Treasury Management File. Get the Full Story Complete the form to unlock...

Europe
BMW Teams With MasterCard For Car-Sharing Card
January 08, 2015

BMW has tapped MasterCard for a contactless credit card that will let users of the DriveNow car-sharing service pay for, unlock and operate a DriveNow car, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
More Red Tape Coming For Cross-Border Payments
January 08, 2015

Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Kickstarter Drops Amazon Payments For Stripe
January 07, 2015

Crowdfunding site Kickstarter is replacing Amazon’s payments platform in favor of $3.5 billion payments startup Stripe, Re/code reported on Tuesday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Europe
In Hungary, A Shopping Ban Means E-Commerce Too
January 07, 2015

Think online shopping is the perfect way to get around restrictions on when brick-and-mortar stores are allowed to be open? Think again — this week the Hungarian government said that e-commerce deliveries can’t be made when shops can’t stay open, according to Hungarian business publication...

International
China’s “Uber For Logistics” Lalamove Gets $10M To Expand
January 06, 2015

Lalamove, an Uber-like service for transporting goods across cities in China and southeast Asia, has raised $10 million to expand beyond the six cities where it already operates, TechCrunch reported on Monday (Jan. 5). Get the Full Story Complete the form to unlock this article...

Chinese Mall Giant Wanda Raises $161M To Go After Alibaba
January 06, 2015

Chinese real estate giant Dalian Wanda Group has pulled in 1 billion yuan ($161 million) for what it hopes will be the biggest omnichannel retail operation in the world, according to Forbes. Get the Full Story Complete the form to unlock this article and enjoy...