International

International
Swiss FINMA Plans AML FinTech Rule Revisions
August 29, 2018

Swiss financial regulator FINMA is planning to soften anti-money laundering rules for smaller FinTech firms in an attempt to help the country become a tougher competitor in the money management sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
How A Single Digital ID Will Become EU’s Commerce Passport
August 29, 2018

When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM Zac Cohen told Karen Webster, to take a step back and look at the general purpose of the European Union. Get the Full...

India Payment And Commerce Competition Heats Up
August 28, 2018

Payments and commerce competition in India is quickly heating up in 2018, with Google the latest company to make a major play there as it eyes further expansion in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Global Payments
Salary Finance Notches $20M In Series B; Tyro Teams Up With Alipay In Australia
August 28, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Glint teaming up with partners for a U.S. rollout. In addition, U.K.-based Salary Finance has notched $20 million in Series B funding, and Australian business-only bank Tyro has announced an agreement with...

International
China Zeroes In On Online Loan Risk
August 28, 2018

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. 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...

Europe
Europe Seeks SWIFT Alternative
August 27, 2018

To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing Society for Worldwide Interbank Financial Telecommunication (SWIFT), RT reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Global Payments
LumoXchange Launches In Philippines; UAE Exchange Rebrands Fiji Business
August 27, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes LumoXchange’s launch in the Philippines. In addition, Wirecard Brazil is rolling out new features for entrepreneurs, and UAE Exchange has rebranded its operations in Fiji. Get the Full Story Complete the form...

International
Trump Could Queer The Deal For Quarles To Chair The FSB
August 27, 2018

U.S. President Donald Trump’s behavior at foreign summits this summer could have spoiled the chances of a top Federal Reserve official to lead the Financial Stability Board (FSB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

South Asia
Berkshire Hathaway Eyes Stake In Paytm
August 27, 2018

Reports are emerging that the sage of Omaha, Warren Buffet, is in talks to pick up a stake in Paytm, India’s largest digital payment player. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...