News

International
UK Banking Execs Arrested On Bribery Charges
September 04, 2018

Nigel Kirby, the deputy director of the National Crime Agency’s economic crime unit in the U.K., told a group of lawyers Monday (August 3) that the head of a London unit for a foreign bank has been arrested over bribery allegations. Get the Full Story...

Payment Methods
NXP On Plastic Cards: There’s A Lot Of Life Left
September 04, 2018

The plastic payment card is dead. Long live the plastic payment card! 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 our daily newsletter, PYMNTS Today. By...

Alternative Finances
Why Wonga Finally Called It Quits
September 04, 2018

U.K. payday lending startup Wonga has come to the end of the road, having filed for administration (similar in concept to bankruptcy in the U.S.) in the closing days of last week. The firm has confirmed that it has appointed Grant Thornton as administrators who...

Global Payments
B2B Services, Blockchain, APIs Gain Currency In Africa
September 03, 2018

In the continuing swirl of headlines that seem to blur and blend cryptos, blockchains and developing nations, a number of collaborations between large tech firms, traditional financial institutions (FIs) and FinTech upstarts stood out. Get the Full Story Complete the form to unlock this article...

News
Tracker Roundup: What To Think About Now And In The Future
September 03, 2018

Original research. Thousands of individuals and companies surveyed. Insight into all manner of subjects — from mobile shopping to digital banking to self-service kiosks and beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Xpress Money Continues Its African Expansion
September 03, 2018

Xpress Money continues to expand its efforts in Africa as it tries to bring down the high remittance costs in the region, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Walmart Overhaul Of eCommerce System Results In More Out-Of-Stock Items
September 03, 2018

Walmart customers are finding that some products in the company’s warehouses are out of stock after it overhauled its eCommerce system so that it is not shipping items that are very expensive to ship. Get the Full Story Complete the form to unlock this article...

International
Ecuador Needs To Borrow More Than $1B
September 03, 2018

Ecuador announced last week that it needs to borrow more than $1.1 billion from international lenders as the country tries to fix its deficit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Alibaba To Partner With Russian Companies On eCommerce Endeavor
September 03, 2018

Alibaba is partnering with two Russian companies on an eCommerce venture as it looks to form its digital silk road across Eurasia. According to Financial Times, sources reported that Alibaba was close to finalizing a partnership with Russian internet company Mail.ru and sovereign wealth fund...