News

Global Payments
De Lijn Taps Conduent For Fare Collection; Network International Rolls Out Google Pay
December 17, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Network International’s rollout of Google Pay acceptance in the United Arab Emirates. In addition, De Lijn has chosen Conduent Transportation for a new fare collection system in Belgium, and U.K....

Partnerships / Acquisitions
Saxo Bank Buys BinckBank To Expand Online Trading Customer Base
December 17, 2018

Saxo Bank is gearing up to acquire BinckBank in a $480 million deal as it aims to expand in the online trading and investment markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
PayPay Vows To Strengthen The Security Of Its Payment App
December 17, 2018

Japanese payment provider PayPay said Monday (Dec. 17) that it will strengthen the security of its app after receiving several complaints from users about charges that were made in error. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Global Payments
How FinTech Companies Can Connect Buyers And Suppliers
December 17, 2018

Payments have been a pain point throughout the evolution of merchants. As commerce globalizes, merchants are left wondering whether they have the payment methods that people want to use through digital channels, while also facing the sheer magnitude of declines. “Merchants have problems with payments...

Payment Methods
Visa, Shieldpay Bring Card Payments To P2P, Classified Ads
December 17, 2018

Shieldpay, the London payments startup, announced Monday (Dec. 17) a new partnership with Visa in which the two will enable secure card payments across peer-to-peer networks and classified ad sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Mastercard, BLIK Partner To Bring Contactless Payments To Poland
December 17, 2018

Mastercard, the global payments company, and Polish Payment Standard, the operator of BLIK, a Polish mobile payment system and scheme, announced Monday (Dec. 17) that the two have inked a partnership. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Five Features Merchants Are Using To Drive Subscription Conversions
December 17, 2018

From fitness to car rentals, companies in all types of industries are turning to subscriptions, as the business model allows them to deliver products and services while retaining customers. Before companies can serve customers with subscriptions, however, they have to find ways to give them...

Retail
Drizly’s Dramatic Year
December 17, 2018

Alcohol is a surprisingly difficult thing to sell digitally, because there are some very specific rules on who can sell it and who can buy it. The most obvious limitation is consumer age: In the U.S., no one under 21 years old is legally allowed...

Retail
Resellers Find Treasure Trove In Returned Goods
December 17, 2018

The holiday season brings in a staggering number of returns for eCommerce sales: According to estimates from CBRE, online returns could reach $37 billion amid the gift-giving season. Some of those unwanted items, however, don’t end up being resold by retailers themselves. They fall into...