International

International
Australia’s Reserve Bank Thinks Beyond Account Numbers For New Money Transfer System
September 22, 2016

Incoming governor of Australia’s Reserve Bank, Philip Lowe, told a parliamentary committee earlier this week that mobile phone numbers and internet addresses will replace bank account numbers in the near future, and money will be able to be transmitted near instantly thanks to the bank’s...

Europe
5,500 UK Groups Using EU ‘Passporting’ Are Facing Serious Difficulties
September 21, 2016

London has long been one of the world’s biggest financial services cities, and in the post-EU era, that status has only become more cemented as the U.K. capitol also became the logical starting point for any number of firms looking to do business in the...

Stripe Strides Into Singapore
September 20, 2016

Payment startup Stripe is heading to Singapore with the mission to help other local startups kickstart online businesses. 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...

International
Samsung Selling Its Tech Stock As Galaxy Note 7 Recall Fallout Expands
September 19, 2016

The world’s largest smartphone maker is facing a $1 billion recall and is selling off technology stakes swiftly as it looks to raise funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
FinTech Is Flourishing South Of The Border
September 16, 2016

Latin America is making big gains in the realm of payments, but Mexico may just be the region’s standout star. The country has gone through its fair share of hardships — drug wars, government corruption and unpunished crimes, to name a few — but the...

International
US Technology Companies Want Open Internet
September 13, 2016

The U.S is about to relinquish control of ICANN, the nonprofit organization that maintains domain names, but Republicans are afraid that data might be censored by other nations or that the internet will be under threat from other nations. U.S. tech companies, however, are lobbying...

Europe
The UK Welcomes The ‘Plastic Fiver’ Into Circulation
September 13, 2016

After five years of development, the Bank of England will be crossing a major milestone today (Sept. 13) when it comes to U.K. currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
GSMA Says All Three Madagascar Mobile Money Providers Will Work Together
September 13, 2016

The GSMA announced on Monday (Sept. 12) that all three mobile money providers in Madagascar, including Airtel Money, mVola and Orange Money, are launching interoperable mobile money services across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Audi In Chinese Smart Car Push
September 12, 2016

The luxury car unit of Volkswagen, Audi, has agreed to boost its in-place efforts with a series of China-based technology groups in an effort to bring more digital capability to the world’s biggest auto market, said Reuters. Get the Full Story Complete the form to...