News

B2B Payments
Visa Expands SMB Service In Kenya With Alt-Lender
August 07, 2018

Visa is expanding its presence with small businesses in Kenya through a new partnership with alternative lender Branch International, a mobile small business lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
China’s Central Bank Fines Alipay
August 07, 2018

Alipay, a payment affiliate of Alibaba, has been hit with a $601,846 fine by the Shanghai head office for the People’s Bank of China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
India Post Payments Bank Launch Eyes Financial Inclusion
August 07, 2018

India Post Payments Bank (IPPB) is set to open a branch in every district on Aug. 21 to provide financial services in rural areas. IPPB, a subsidiary of India Post, launched last year with pilot services in Raipur and Ranchi. The financial institution (FI) is...

Payment Methods
Meet The Personas Behind The Rise Of Contextual Commerce
August 07, 2018

It can happen at the office. It can happen on Facebook and Pinterest. It can happen on a well-crafted blog designed to appeal to particular hobbyists, or an event and ticketing website, or an online platform devoted to travel. It can happen pretty much anywhere,...

News
Five At Five: MoviePass Shelves Price Increase, Limits Free Films
August 06, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes MoviePass holding off on a rate hike, in favor of a limit for free movies. Also, Facebook talks with banks about sharing data, Walmart enters...

Retail
How Micro-Fulfillment Centers Help Fill eCommerce Grocery Orders
August 06, 2018

In the digital age, shoppers are trading the grocery store aisles for online ordering and opting to have their items packed for pickup or delivery. But supermarkets face a dilemma: How to fill all of those eCommerce orders? Companies such as Takeoff Technologies provide an...

Cross-border Payments
China Locks Down Financial District As P2P Lending Implodes
August 06, 2018

China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Global Payments
GoCardless Launches In Australia; Manchester United Teams Up With MoPlay
August 06, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the rollout of GoCardless in Australia through a partnership with Xero. In addition, the U.K.‘s Manchester United is teaming up with mobile betting and gaming brand MoPlay, and Iran is relaxing currency rules. Get the...

Retail
MoviePass Cancels Price Hike, But Limits Monthly Movies
August 06, 2018

The ongoing MoviePass drama continues this week — the firm is working hard to regain its footing after a destabilizing few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...