Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferMate’s approval for a payments license in Singapore, Chinese bank Shanghai Commercial Bank (SCB) working with the EMQ to support cross-border money transfers, Woori Bank and Wing Limited Special Bank reportedly...
Uber is going to start deactivating riders with low ratings, according to a report. The ridesharing company started the new initiative on Wednesday (May 29) in the U.S. and Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The shortened work week got off with a bang, as a report in Bloomberg made the rounds that indicated a long-suspected culling of Amazon marketplace smaller suppliers has officially arrived. Or to borrow the more dramatic language of many, many headlines written yesterday, “the...
Social Finance (SoFi), a personal finance company, has raised half a billion dollars in a funding round led by Qatar, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Treasury Department announced Wednesday (May 29) in a report to Congress that of the 21 major U.S. trading partners, only nine need further scrutiny because of their currency practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Plaid, the FinTech that enables apps to access consumers’ financial information, announced it is entering the European market, starting with the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. Get the Full...
To bring nutrient-dense meal options into buildings, prepared meal companies are turning to unattended retail. Alpaca Market, for instance, has a network of vending machines and smart fridges in Austin, Texas. The company’s Founder and CEO Joe Kerby told PYMNTS in an interview that the...
As a consumer, going green is both very easy and very difficult. Easy because there is no shortage of “eco-friendly” products on the market. To get a quick sampling of this, simply search for “reusable straw” on Google or Amazon and see the literal scores...
