International

International
Liberia Investigates $104M In Missing Bank Notes
September 20, 2018

The Justice Ministry in Liberia announced on Thursday (Sept. 20) that it is investigating $104 million in newly printed bank notes that disappeared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Global Payments
Origami Partners With UnionPay For Global Expansion; Aircoach Rolls Out Contactless Payments
September 20, 2018

Welcome to The Axis, your late look at payments news from around the world. In Japan, Origami rolls out its international Origami Pay mobile service, Moody’s lauds the debut of a unified payment QR code in Singapore and Ireland’s Aircoach launches contactless payments on its busses. Get the Full Story Complete the form...

International
Baidu Eyes International Market For AI, Self-Driving Tech
September 14, 2018

As one of the world’s biggest internet companies, Baidu is homing in on autonomous vehicles and artificial intelligence (AI). The tech company has a particularly strong presence in its home country of China, where it commands 70 percent of internet searches, CNBC reported. Get the...

Europe
ECB President Says No To Digital Euro
September 14, 2018

With cash use still popular in Europe, and the technology behind digital money remaining fragile, the European Central Bank (ECB) doesn’t intend to create a digital currency. Even so, the spread of cryptocurrencies have brought the idea of central banks issuing digital money to light,...

Global Payments
OP Financial Pilots Facial Recognition Tech; DOCOMO Digital Partners With Vodacom In Tanzania
September 13, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Finland-based OP Financial Group’s facial recognition payments pilot. In addition, DOCOMO Digital is teaming up with Vodacom in Tanzania for payments through carrier billing, and MC Payments has unveiled a soft...

Global Payments
ECB Official Challenges FinTech Firms On Payment Services Inroads
September 13, 2018

Might Europe strive more and more for financial independence in the payments services space? 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...

Global Payments
Wirecard Teams Up With Cognigy For Chatbot Payments, YES BANK Rolls Out Cashless System
September 12, 2018

Welcome to The Axis, your look at payments news from around the world. Coverage includes Germany’s Wirecard works with Cognigy on digital payments within chatbot conversations, India’s private sector YES BANK has introduced a cashless payment system for Smart City Udaipur and JD has launched stores in...

Global Payments
Island Pay Plans Contactless Rollout In The Bahamas; UnionPay Brings App To Hong Kong And...
September 11, 2018

Welcome to The Axis, your look at payments news from around the world. Coverage includes Island Pay’s contactless payments rollout in the Bahamas. In other news, UnionPay International is bringing the UnionPay app to Macau and Hong Kong, and U.K.-based PrePay Solutions has rolled out Google...

International
Denmark Wants To Toughen Up Money Laundering Fines
September 11, 2018

Denmark is working on new legislation that will increase money laundering fines by about eightfold. According to Bloomberg, the new bill by the Danish Financial Supervisory Authority (FSA) would have money launderers pay fines according to “the gravity and circumference of the offense,” as well as...