International

ICA Introduces Sweden To Contactless Cards
December 10, 2014

Swedish bank ICA will issue MasterCard contactless payment cards to more than 500,000 customers in the first contactless rollout in Sweden, the bank announced on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Uber Competition Heats Up In France
December 10, 2014

The car service competition for business clientele in France is heating up after SnapCar, one of Uber’s rivals, secured a $2.5 million investment, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Canadians Say “No Thanks” To Mobile Payments
December 09, 2014

Only 2 percent of consumer purchases in Canada use mobile payments today, but attitudes among young adults there suggest that mobile buying will pick up soon, according to new research from GfK. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
Millennial Banking “Nanny App” Launches
December 09, 2014

A Canadian banking upstart called Koho is joining Simple, Moven and other neobanks trying to reinvent financial services in ways that make sense to Millennials, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Brazil’s The Bellwether For Mobile Payments
December 09, 2014

Brazil is one of the fastest-growing payments markets in the world, with the most developed card market in Latin America and boasting 70 percent of the total ecommerce transactions in the region — and now mobile payments may be about to take off there, according...

Europe
UK Consumers Pick Favorite Non-Banks
December 09, 2014

Almost one-quarter of U.K. consumers would be “likely” to use an online payment provider like PayPal and WePay for retail banking services within two years, according to a survey of 2,000 U.K. adults by YouGov and legal website Out-Law.com. Get the Full Story Complete the...

International
Korean Retailers Fear Dependency On Tokens
December 09, 2014

No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried, Business Korea reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Walmart China Resists Online Operations
December 09, 2014

Walmart’s China operations are running into internal resistance as the chain tries to embrace very Web- and mobile-friendly shoppers in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
Russian Payment Card To Materialize Mid-Month
December 09, 2014

Russia’s National System Of Payment Cards (NSPC) will materialize and start accepting payments in mid-December, according to a report Monday (Dec. 8) in a prominent Russian business newspaper, the Vedomosti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...