News

Security & Fraud
AML Scandal Leads To Danske Exit From Russia, Baltics
February 19, 2019

Danske Bank, which was involved in one of the biggest money laundering scandals of all time, will no longer do business in Russia or the neighboring Baltic states, according to a report in Reuters. Get the Full Story Complete the form to unlock this article...

Investments
Alibaba Invests: China International Capital
February 19, 2019

Alibaba, the Chinese eCommerce giant, has increased its stake in China International Capital Corp. to close to 12 percent, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
HSBC May Hold Off On Investments As China, UK Growth Slows
February 19, 2019

HSBC, the global bank, expressed caution on Tuesday (Feb. 19) that it may be forced to put off some investments in 2019 as it contends with slowing growth in China and the U.K. Get the Full Story Complete the form to unlock this article and...

Global Payments
Fingerprint Cards Unveils Biometric Platform; TransferTo Becomes Two Brands
February 19, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden’s Fingerprint Cards AB unveiling a biometric software platform for payment cards, wearables and USB dongles. The Austrian unit of LGT has rolled out The Avaloq Banking Suite, Singapore mobile...

International
Mexico Sets Its Sights On FinTech Firms To End Poverty
February 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Danske Bank Ordered To Shut Down Estonian Branch
February 19, 2019

Danske Bank was ordered by Estonia to shutter its local branch at the center of a money-laundering scandal, and has been given only a few months to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Visa, Lloyds Pilot New Cash Scheme To Boost Access
February 19, 2019

Lloyds Banking Group, the U.K. bank, announced Tuesday (Feb. 19) a partnership with Visa in which the two have launched a new pilot scheme aimed at boosting access to cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Why QSRs Are Upping Their Digital Game
February 19, 2019

In the digital age, quick service restaurants (QSRs) have a host of technologies at their disposal to remove friction in the ordering process and drive repeat visits, such as self-service kiosks and mobile apps. Get the Full Story Complete the form to unlock this article...

Retail
Why Big Brands Can’t Create Loyalty Without A Clear Vision Of Their Customers
February 19, 2019

The problem with customer retention in an era when consumers are easily distracted and pulled away isn’t that brands aren’t trying, or even that they are using the wrong tools. The problem, Thanx Founder and CEO Zach Goldstein told PYMNTS, is that they are using...