International

South Asia
WhatsApp Speeds Up Indian Payments Expansion
May 29, 2018

Payments via Facebook‘s WhatsApp are on the very brink of launching, according to recent reports. As early as next week, pay via WhatsApp might be up and ready to go for the whole of India, potentially putting the service in the hands of up to...

Europe
EU Countries Push For Tech Funding To Compete With US And China
May 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. Get the Full Story Complete the form to unlock this article and enjoy...

International
Estonia Sees $13B In Money Laundering Over Four Years
May 25, 2018

After reports of money laundering caused lenders in Estonia and Latvia to close, police said on Friday (May 25) that more than $13 billion (or about €11 billion) was laundered through banks in Estonia between 2012 and 2016. Much of the money was reportedly laundered...

International
Kenya Moves To Regulate Digital Lending
May 25, 2018

After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial inclusion. But some borrowers have now become burdened with debt after taking out high-interest rate loans from lenders that use...

International
Swiss Banker Backs Proposal That Would Alter Lending In The Country
May 24, 2018

Jean-Marc Decressonniere, a Switzerland banker, is one of few in the industry who plans to support a vote in June that would change the way traditional lenders operate in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Facial Recognition Nabs Criminals At Chinese Concert
May 23, 2018

Chinese police are using the combined powers of technology and music to catch criminals. 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...

International
Digital Economy Is Good For Women, But Must Do More
May 22, 2018

For women around the world, freelancing in the digital economy isn’t just convenient – it’s empowering, especially as gender pay disparity comes under scrutiny across the corporate workspace. But what’s not empowering are the steep transaction fees and currency challenges, such as forex fluctuation or...

Europe
Flywire Expands With New London HQ
May 22, 2018

Flywire, a provider of global payment and receivables solutions, has announced a major expansion of its U.K. and European operations and team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Is ‘Dirty’ Russian Money Undermining The UK Markets?
May 21, 2018

According to a new report from the British Foreign Affairs Committee, London has been awash in dirty Russian money since the fall of the Soviet Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...