Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with Joint Electronic Teller Services Limited (JETCO) in Hong Kong. In addition, Factris has acquired an invoice financing firm that serves the Lithuanian...
China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar with the matter, Financial Times (FT) reported that while Visa and Mastercard submitted their applications to the People’s Bank of China...
Chile is considering a 19 percent tax on multinational eCommerce companies like Amazon, Netflix and Uber. 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...
Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail sales had their worst performance since December of 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Tyro‘s integration of Alipay into airport duty-free shops in Australia. In addition, the U.K.’s Paysend rolled out a new service named PaySendLink, and Merchant Machine report found that cashless payments...
Self-driving tech startup Mobileye is expanding its business in China through two new partnerships. 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...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singtel’s Dash’s plans to introduce a remittance service to allow users to send money from Singapore to Myanmar. In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based...
The number of tech patents that China was awarded in the U.S. increased in 2018, marking the only country to see an uptick in the number of U.S. patents granted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip’s multi-currency Visa cards for customers in China. In addition, U.K. fashion retailer Missguided is offering a pay later option through Klarna, and Nordic payments...
