Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up of Rapyd and OCBC Bank for real-time payments for shoppers in Singapore as well as online retailers. India’s PhonePe has hit a milestone on the number of digital...
It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 billion people, of whom at least 725 million have mobile devices. Get the Full Story...
FinTech firms are tackling everyday challenges across Africa by digitizing payments and providing increased transparency. Cellulant’s Agrikore and Tingg Marketplace offerings, for instance, seek to take on the continent’s food struggles. Cellulant Group Co-CEO Bolaji Akinboro told PYMNTS in an interview, “We believe that this...
Nonbank lending – also known as “shadow banking” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes a ranking that shows Bristol as the top city for cashless transactions in the United Kingdom. In addition, Google is reportedly working with MMTC-PAMP to let Google Pay users buy...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the U.A.E.’s ENOC’s launch of a mobile option for fuel and non-fuel items. Public transportation passengers in Australia will be able to tap their Samsung smartphones at Opal terminals...
When it comes to digital payments and commerce, it’s hard to argue with China’s leading and influential position, especially in terms of ecosystems based around consumers’ mobile devices. As well, a big part of the future of the global sharing economy is playing out in...
France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google, Amazon and Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The International Monetary Fund (IMF) warned on Tuesday (April 9) that a no-deal Brexit would sacrifice between two and three years of normal economic growth for Britain’s economy between now and 2021, according to a report from Reuters. Get the Full Story Complete the form...
