International

International
Govt. Control And Trade Wars Hit Chinese Tech Firms
November 14, 2018

The growth of the tech industry in China has seemed unstoppable, marked by consumers and gamers numbering in the hundreds of millions – and revenues in the billions of dollars’ worth.   Get the Full Story Complete the form to unlock this article and enjoy...

Global Payments
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s CoinPip is rolling out a crypto-to-fiat service, and the U.K.’s Monzo is collaborating with PayPoint to enable users to make...

International
Malaysian PM: Goldman Bankers ‘Cheated’ The Country
November 14, 2018

Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding a state fund for 1Malaysia Development Bhd (1MDB), and that U.S. authorities will help return the fees the bank earned from the fund. Get the Full Story Complete the form to...

Global Payments
Western Union Teams With HKT Payment Limited, Maybank Brings QR Payments To KFC Malyasia
November 13, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Western Union Company’s tie-up with Hong Kong’s HKT Payment Limited for money transfers. In addition, MAYBANK is working with KFC Malaysia to bring QR code payments to restaurants in...

Global Payments
Bingxi Culture Works With Alipay For Art Sharing, Razer Pay Sees Interest From Brands
November 12, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of China’s Bingxi Culture “art sharing” platform that enables people to lease out art using Alipay. In addition, Razer’s mobile wallet dubbed Razer Pay may come to tens of...

International
Alipay Teams With UEFA For Mobile Payments At Soccer Games
November 09, 2018

With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s men’s national team. Terms of the arrangement, which is said to have a duration of eight years, were not made...

International
Amex Obtains License For Chinese Card Service
November 09, 2018

Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in China. China’s central bank announced the approval on Friday (Nov. 9), The Wall Street Journal reported. Get the Full Story...

International
French Prosecutors Call For UBS To Pay 3.7B Euros For Tax Evasion
November 08, 2018

UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy people in the country evade taxes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
India Finance Minister Says Visa, Mastercard Losing Local Market Share
November 08, 2018

In the battle across India for consumer transactions, in the battle for hearts and minds and wallets, might Mastercard and Visa be losing share? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...