Paytm, a digital payment company out of India, said Thursday (July 26) that it didn’t share user data with investors or any foreign entities just one day after a member of Parliament, Narendra Jadhav, argued Alibaba’s stake in the company was a “very serious threat...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Worldpay’s work on payment technology for drones. In addition, Singapore-based Grab is rolling out new services in Thailand, and Indonesia’s FinAccel has notched $30 million in Series B funding. Get the...
The Payments Systems Regulator (PSR), Britain’s official payment watchdog group, has announced it will be reviewing banks that process card transactions on merchants’ behalf to evaluate whether customers are getting the best deal. Get the Full Story Complete the form to unlock this article and...
Banco Santander was able to offset emerging market currency volatility and a slowdown in U.K. during its second quarter, reporting net income that surpassed Wall Street views. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferTo‘s tie-up with Stellar Development Foundation for cross-border facilitation services. In addition, the Netherlands’ bunq has unveiled a payment link service, and the Philippines Securities and Exchange Commission (SEC) is warning the public about a...
Western Union announced on Tuesday (July 24) that ecoAccount digital wallet holders can now send Western Union international or domestic money transfers from the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Monetary Authority of Singapore’s requirement to have banks implement stronger customer verification processes in the wake of the cyberattack on SingHealth. In addition, INTL FCStone Ltd.’s Global Payments...
A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). According to Reuters, the new plans will see the payments system, that supports British banking and trading, boost its defenses against cyberattacks by 2020, as...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes BNP Paribas Asset Management’s new U.K. debt fund. In addition, a city in China is rolling out a new $1.5 billion blockchain fund, and the U.A.E’s Network International has launched a...
