News

Cross-border Payments
European Finance Leaders Want More Progress On Digital Company Tax
July 23, 2018

The finance leaders in Europe called for more progress to be made on rules for taxing digital companies during a G20 meeting of finance ministers and central bankers this past weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
Brussels Rebuffs UK Post-Brexit FinServ Plan
July 23, 2018

Brussels has rejected the U.K.’s proposals on how to govern London’s access to the European market after Brexit. 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...

Cross-border Payments
PayPal On Tariffs, Trust And What’s Next For Cross-Border Commerce
July 23, 2018

Every year for the last four, PayPal has released it Cross-Border Consumer Research report, an annual report card on marketplaces’ progress and a snapshot on the where, why and how of international commerce. Get the Full Story Complete the form to unlock this article and...

Retail
Why Publicity Stunts Go Wrong So Easily
July 21, 2018

When planning a large-scale marketing push or publicity stunt, it can be easy to overlook the fact that getting attention is hard, and getting positive attention is even harder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Startups Settle In Sydney To Join Growing FinTech Ecosystem 
July 20, 2018

Sydney, the most populous city in Australia, is also a burgeoning FinTech hub: In fact, Deloitte has ranked it as the eighth most conducive hub for growth in the FinTech sector. The city also has a deep financial talent pool, “robust” wealth management and a...

News
Five At Five: Amazon’s Grocery Power
July 20, 2018

Welcome to Five at Five, your late look at the payments and commerce news of the day. Today’s coverage includes a detailed look at Amazon’s grocery sales, along with an eBay deal in Japan. Facebook faces a hurdle related to WhatsApp, Toys R Us hits...

Banking
Lloyds, Halifax Hit By Fund Transfer Outage In UK
July 20, 2018

Lloyds Banking Group was hit by a computer outage that left customers unable to conduct fund transfers for several hours, according to officials. The outage impacted hundreds of customers of Lloyds and Halifax, which both operate under Lloyds Banking umbrella. Get the Full Story Complete...

Payments Innovation
WhatsApp Payments Rollout Delayed In India
July 20, 2018

Due to possible concerns over the storage of user data and other issues, the Indian government is delaying Facebook’s planned nationwide launch of the WhatsApp payment service in the country. The Ministry of Electronics and Information Technology (MeitY) has reportedly asked WhatsApp, along with partner banks,...

Global Payments
Visa Everywhere Teams Advance To Finals, PaySense Notches $18M In Funding
July 20, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Farfetch‘s acquisition of CuriosityChina. In addition, teams in Visa’s Everywhere Initiative have advanced to the finals and India-based PaySense has notched $18 million in a Series B funding round.  Get the...