The Federal Bureau of Investigation (FBI) is investigating the pricing practices of American Express’s foreign exchange international payments department. Citing people familiar with the matter, The Wall Street Journal (WSJ) reported that the investigation is looking into whether the department misled clients about pricing to win...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes UMB Financial Corporation’s tie-up with U.K.-based Fraedom. In addition, Russia’s Yandex.Checkout is allowing customers to make donations by rounding up their purchases and TransferGo is rolling out money transfers...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s launch of digital money transfers within Africa. In addition, Philippine Veterans Bank will work with Fiserv to help with digital transformation, and Paytm Canada has updated its app to help...
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...
The headlines all play on the name “SWIFT” in some form or another: “Germany Wants A Swift End To SWIFT,” or “Some Critics Want A ‘SWIFT’ End To US Payments Dominance,” or “A Problem Has Arisen In Europe, Swiftly, Over Payments (And SWIFT).” Get the...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Glint teaming up with partners for a U.S. rollout. In addition, U.K.-based Salary Finance has notched $20 million in Series B funding, and Australian business-only bank Tyro has announced an agreement with...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes LumoXchange’s launch in the Philippines. In addition, Wirecard Brazil is rolling out new features for entrepreneurs, and UAE Exchange has rebranded its operations in Fiji. Get the Full Story Complete the form...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Silk Way Bank’s launch of a new project for cashless payments. In addition, China’s Alipay is working to step up efforts to monitor its platform for peer-to-peer crypto trading transactions,...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes ThinkSmart Europe Limited‘s sale of ClearPay shares to Australia’s Afterpay Touch Group Limited. In addition, The Financial Conduct Authority (FCA) has given U.K.-based Wirex an eMoney license, and the Sainsbury’s supermarket...
