International

Alibaba Taps Former Apple Sleuth To Take On Counterfeiting
December 22, 2015

Alibaba is apparently serious in its efforts to tamp down the counterfeiting that some complain runs rampant on the site with the aid of a seasoned counterfeit fighter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
TransferWise’s Service May Make Way Into UK Bank Apps
December 22, 2015

The United Kingdom-based money transfer company TransferWise is in the midst of discussions with a number of lenders about embedding the company’s money transfer functions into financial institutions’ smartphone applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Alibaba Stays Off US’ Blacklist Counterfeit Good List
December 21, 2015

Alibaba has had a tough 2015 in terms of accusations surrounding the alleged sale of fake goods on its website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Chinese Lending Platform Has Rocky US Debut
December 21, 2015

The road to public market riches is a rocky one, sometimes, as evidenced by one recent IPO, that of Yirendai, which is a Chinese P2P lender that is CreditEase’s consumer finance arm. The stock traded nearly 17 percent intraday below the offer price, which indicates...

International
2K Layoffs Loom For Citigroup
December 21, 2015

As Citigroup CEO Michael Corbat continues to restructure several of the bank’s businesses, nearly 2,000 employees will face layoffs starting next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Consumer Insights
Star Wars: The Merchandising Awakens
December 18, 2015

After nearly a decade of waiting (or three for diehards that don’t count the prequels), fans are flocking to theaters to watch a new Star Wars movie. With millions of tickets sold months in advance for “The Force Awakens’” opening weekend, it’s a fair bet...

International
Apple Pay Is Going To China After All
December 18, 2015

Despite appearances earlier this week that Apple had lost out on bringing Apple Pay to China — with UnionPay’s announcement that it had selected British firm Powa to help it construct and launch its mobile payments platform — it seems appearances can be highly deceiving. Get the...

Alternative Finances
Mobile-Only Bank NUMBER26 Goes Contactless With MasterCard
December 18, 2015

Mobile-only banking startup NUMBER26 announced Thursday (Dec. 17) the launch of a new addition to its contactless payment card offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Wall Street Warming Up To FinTech Startups
December 18, 2015

The movement to fund FinTech is gathering steam, at least on Wall Street, where traditional, and traditionally rather buttoned-up, banks are joining the party. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...