Following the proposal of a payments regulator to be established independent of the Reserve Bank of India (RBI), the central bank has put forward a public objection. The regulator would have a chairperson chosen with input from the RBI, but the central bank objects to...
Faced with growth that is slowing, increasing debt and a trade war with the U.S., the economy in China is starting to feel the impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Pay.UK, the retail payments authority (formerly known as the New Payment System Operator / NPSO), announced on Thursday (Oct. 18) that it has published a Strategic Partner Procurement Prospectus, which it said is the starting point of a process to appoint a strategic partner. Get...
Canada became the first country to legalize recreational use of pot on Wednesday (Oct. 17), but response was tepid – in part because its largest cities, including Toronto and Vancouver, haven’t opened up stores yet. Get the Full Story Complete the form to unlock this...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Ingenico’s tie-up with European payments firm Trustly for merchant payments. In addition, honestbeeis opening a cashless supermarket in Singapore, and Accenture is teaming up with Digital Ventures Co. Ltd, a...
PPRO Group, the global cross-border ePayment company, along with Edgar, Dunn & Company, announced on Tuesday (Oct. 16) that new data shows U.S. merchants are lagging behind other countries when it comes to cross-border eCommerce. Get the Full Story Complete the form to unlock this...
Major U.S. payments companies are facing fines for violating a data law in India. 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 Singapore’s Nets PayCollect rollout. In addition, Xero is working with GoCardless in New Zealand on payment collection, and Tappy Technologies is teaming up with Etisalat for wearable payments in the UAE....
U.S. Senators John Cornyn and Mark Warner, co-chairs of the Senate India caucus, sent a letter to India’s Prime Minister Narendra Modi urging him to soften his stance on rules that require customer data to be stored locally. Get the Full Story Complete the form...
