Germany’s Minister of Foreign Affairs Heiko Maas has called for the European Union (EU) to create a new payments system, independent in response to the United States pulling out of the Iran nuclear deal. According to Financial Times, Maas wrote in the German daily Handelsblatt that...
The China Internet Network Information Center (CNNIC) has revealed that the country now has more than 800 million internet users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
PPMiao, the online peer-to-peer (P2P) lender in China, faced protests from investors in the company at its offices on Monday (Aug. 20), as the P2P lending industry continues to be plagued with problems. According to a report in Reuters, 243 P2P companies or more have...
The tariffs put in place by the U.S. government on printed circuit assemblies and connected devices could result in U.S. consumers paying $3.2 billion more for electronic products next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As Iran tries to pass anti-money laundering regulations to attract foreign investment, a top constitutional body is requesting changes to the measures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Venezuelans were jamming stores and gas stations late last week as worries about an overhaul of monetary policies could create financial havoc, preventing even basic shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Comviva’s deployment of mobiquity in Columbia. In addition, PhonePe is teaming up with the Indian Railway Catering and Tourism Corporation (IRCTC) for mobile payments in India, and the National...
Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. Get the Full Story Complete the form to...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Fortumo’s rollout of direct carrier billing in Sweden. In addition, Australia Post is deploying a multilane payment solution from Verifone, and MySQUAR has rolled out a soft-launch of a remittance service....
