Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows that the problem is a global one — and that it is getting worse. Get the Full Story Complete the...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Norway’s Vipps selection of Inside Secure to provide security for contactless payments. In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B)...
Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
SWIFT announced Thursday (Oct. 11) that Santander, the retail and commercial bank, has gone live on SWIFT’s global payments innovation (gpi) service in Spain, the U.K., Argentina and Poland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and residency permits to wealthy foreigners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Welcome to The Axis, your look at payments news from around the world. Coverage includes The Western Union Company’s roll out of high-value digital transfers from the U.K. In addition, Gap Inc. has tapped Adyen for online and in-store payments in Europe, and the Bangalore...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Reserve Bank of India (RBI) data that indicates a spike in Unified Payments Interface (UPI) transactions. In addition, Germany’s Wirecard and France’s SES-imagotag are expanding the existing relationship with its joint payment product, and Axis...
In what might be seen as a move to boost both lending and spending in China — and extend buying power as Chinese citizens wield the power of their wallets — the Chinese central bank, the People’s Bank of China (PBOC), cut its mandate for...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes CANCAN and WorldFirst’s rollout of a platform for WeChat Pay and Alipay payments in Europe. In addition, Alipay payments spiked at international destinations during a public holiday in China, and Australia’s...