International

Visa Prepaid Cards Funnel Into Disaster Relief Regions
August 27, 2015

Oxfam and payments industry giant Visa are joining together with two other firms to bring funds via prepaid cards to people in disaster-torn regions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Did Wirecard Just Bid $9.4B On Worldpay?
August 26, 2015

According to unnamed sources with knowledge of the matter, according to Bloomberg, the bidding war for U.K. payments processor Worldpay has just seen the entry of its German rival as a potential buyer. Get the Full Story Complete the form to unlock this article and...

China Rate Cut Fails To Boost Stocks, So What’s Next?
August 26, 2015

Markets were cheered – and then not -- by the news that the Chinese Central Banks would cut rates. But will it be enough to keep stocks, and payments companies afloat? Step back from the rally and refocus a bit.

International
PayPal To ‘Unlock Global Marketplace’ In Kenya
August 26, 2015

A new partnership for PayPal may mean safer online shopping for Kenyan consumers.

Alibaba Pits Cloud-Based AI Platform Against Amazon
August 26, 2015

In July, Alibaba announced it was investing $1 billion in its cloud-computing business, Aliyun. Now, it’s clear why. 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...

Ongoing Restructuring At Intuit Leads To More Layoffs
August 26, 2015

Another 250 Intuit employees have been laid off — mostly from the Small Business Group — according to an internal memo from CEO Brad Smith, reviewed by TechCrunch. That follows a mass layoff of almost 400 employees (roughly 5 percent of its staff) in June of this year....

International
PayPal’s One Touch Just Touched A Bunch More Merchants
August 26, 2015

PayPal’s One Touch Platform just reached out and touched a whole bunch more consumers and merchants – worldwide.   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...

Uber Links With Airtel Wallet For Mobile Payments In India
August 24, 2015

In the latest development that signals a continued push into India, Uber has linked up with Bharti Airtel in a deal that will let customers in India pay for rides through the latter’s mobile wallet platform. Get the Full Story Complete the form to unlock...

International
Xiaomi Hires New Distributor For Africa Launch
August 24, 2015

Known as “the Apple of China,” smartphone maker Xiaomi announced the timing of its official arrival in Africa next month with the appointment of a distributor.