Just days after Russia’s central bank said both MasterCard and Visa are back in its good graces, the payment-card giants are being prodded by the central bank next door. President Alexander Lukashenko of Belarus said the National Bank of Belarus should look for alternatives to...
Global payments firm peerTransfer announces today (January 13) that it closed a major funding round and hit a key profitability milestone. peerTransfer is an efficient, cost effective and transparent alternative to the existing friction-laden international funds transfer services, including bank wire. peerTransfer’s global payments platform...
A group of cyberthieves who breached online security at a small Swiss bank published identifying details about 30,000 customers on Friday (Jan. 9), after the bank refused to pay a ransom, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...
U.K. supermarket giant Tesco said Thursday (Jan. 8) that it will dump nearly 100 stores, lay off thousands of employees, and possibly sell Dunnhumby, the customer-data subsidiary responsible for the chain’s highly successful loyalty program, The Guardian reported. Get the Full Story Complete the form...
European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
BMW has tapped MasterCard for a contactless credit card that will let users of the DriveNow car-sharing service pay for, unlock and operate a DriveNow car, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Think online shopping is the perfect way to get around restrictions on when brick-and-mortar stores are allowed to be open? Think again — this week the Hungarian government said that e-commerce deliveries can’t be made when shops can’t stay open, according to Hungarian business publication...
More than a million people in the U.K. will see the cost of their borrowing fall now that new price caps on payday loans have taken effect, the Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
European tech startups struggle to raise investment money compared with companies based in Silicon Valley and New York, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
