While Danske Bank’s shareholders started out the year feeling confident, the financial institution’s involvement in a massive money laundering scandal has led to its stock falling almost 50 percent in 2018. 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 Wirecard’s collaboration with Cimple Marketing for Alipay in Europe. In addition, Japan’s FamilyMart plans to roll out a mobile payment service, Khalti teamed up with food delivery company Foodmandu for digital...
There have been 33 initial public offerings (IPOs) for Chinese companies listed on the New York Stock Exchange and Nasdaq this year, the most since 2010, when there was 39, according to reports. Get the Full Story Complete the form to unlock this article and...
Iran has created a fraud court to combat rampant financial malfeasance and attempt to aid its flagging economy. 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...
To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. Pan-African payments firm Cellulant, for instance, created an AR experience in Facebook Messenger. The firm chose a Kenyan brand, Huddah Cosmetics, as...
Despite a trade war between the U.S. and China, local Chinese vendors operating in Yiwu International Trade City are upbeat about 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
China is gearing up to stop local governments from making foreign companies transfer their proprietary technology to Chinese partners, reported The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
China has taken over as the world’s largest logistics market, spending a whopping 12.1 trillion yuan (US$1.76 trillion) in logistics costs last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Chinese telecommunications and technology company Huawei has another obstacle in its continuing troubles lately as two huge banks cut ties with it, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
