News

International
Liberia Investigates $104M In Missing Bank Notes
September 20, 2018

The Justice Ministry in Liberia announced on Thursday (Sept. 20) that it is investigating $104 million in newly printed bank notes that disappeared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Global Payments
Origami Partners With UnionPay For Global Expansion; Aircoach Rolls Out Contactless Payments
September 20, 2018

Welcome to The Axis, your late look at payments news from around the world. In Japan, Origami rolls out its international Origami Pay mobile service, Moody’s lauds the debut of a unified payment QR code in Singapore and Ireland’s Aircoach launches contactless payments on its busses. Get the Full Story Complete the form...

Regulation
Amazon And Google Face New European Problems
September 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based tech and eCommerce firms, removing hurdles that might hamper their success on that continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Danish Regulator Reopens Danske Bank Probe
September 20, 2018

The Danish Financial Supervisory Authority said Thursday (Sept. 20) that it has reopened an inquiry into the money laundering scandal at Danske Bank — the country’s biggest bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Ticketmaster Accused Of Secret Deals With Scalpers
September 20, 2018

Ticketmaster, the entertainment company, has reportedly been inking behind-the-scenes deals with scalpers at the same time that it publicly decries the practice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
PayPal And iZettle Close On Their Deal
September 20, 2018

PayPal, the digital payments company, announced on Thursday (Sept. 20) that it has completed its acquisition of iZettle. 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...

Retail
How Mobile Apps Are Tapping Into Gas Prices, Payments
September 20, 2018

Consumers use mobile apps throughout their drives – for directions, music or the latest traffic updates – but they can also be an opportunity for gas stations. Almost half – 43 percent of high-income millennials – said they would be more likely to visit a gas station...

Retail
Tesco Launches Jack’s Discount Grocery Concept
September 20, 2018

To take on discount grocers Lidl and ALDI, Tesco is rolling out a chain called Jack’s. The retailer intends to open 10 to 15 locations next year, Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Nike Sees Rise In Sold-Out Items Amid Colin Kaepernick Ad Campaign
September 20, 2018

After its controversial Colin Kaepernick ads appeared earlier in September, Nike has been on a sales tear. The retailer has been seen a rapid 61 percent rise in the number of sold out items following the release of the campaign, Reuters reported. Get the Full Story...