News

International
WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students
January 09, 2020

Tencent’s WeChat Pay has introduced a payment service aimed at Chinese students who want to pay their tuition fees at universities in South Korea, according to reports. The move is an attempt to make it easier for those students to make cross-border transactions. Get the...

News
Top News in Payments: Uber Halts Upfront Pricing in CA; Amex Cleared To Operate In...
January 09, 2020

In today’s top news, Uber drops upfront pricing in California in response to the state’s new gig economy law, and the central bank in China said it accepted an American Express application to start working in the country. Also, Grubhub considers a potential sale or...

B2B Payments
Partnership Innovates Transportation SCRM
January 09, 2020

Three companies — Columbia Capital, Greenspring Associates and DHL — are collaborating to acquire Riskpulse, with aims to amplify the business in association with Resilience360, Riskpulse announced on Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Edenred Fortifies UAE Position With Mint Payroll Cards Acquisition
January 09, 2020

Edenred is acquiring Mint’s payroll card portfolio to bolster its leadership in the United Arab Emirates (UAE), Edenred announced Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
As Amazon Re-Enters High Fashion, New eChallenges Abound
January 09, 2020

It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Walmart Expanded Mexico Market Share With 134 New Stores In 2019
January 09, 2020

Last year, Walmart rolled out 134 additional stores in Mexico, increasing its presence there by almost 5 percent, CNBC reported on Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Travelex Attack Forces UK Banks To Halt Foreign Currency Service
January 09, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Nets Looks To Widen European Scope With Finnish Acquisitions
January 09, 2020

Denmark-based payments platform Nets is acquiring two Finnish companies, Poplatek and its spinoff Poplapay, to enhance its payments capabilities and better serve merchants across Europe, Nets announced Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
How Cars, Streaming And Sign-Ups Make For Better Subscription Commerce
January 09, 2020

Subscription commerce is undergoing changes in 2020. 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. By completing this form, you agree...