International

Alibaba Health Absorbs Tmall’s E-Pharmacy in $2.5B Deal
April 16, 2015

Alibaba has written itself a prescription to take advantage of the booming online health care market in China, consolidating its online pharmacy business into its own medical affiliate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Unbanked Consumers On The Decline Globally
April 16, 2015

The ranks of the unbanked are getting smaller around the world, according to a new report released by the World Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Is Yahoo Buying Foursquare?
April 16, 2015

Yahoo, flush with cash from the sale of its stake in Alibaba and anxious to remake itself as a mobile-based business, may be in late-stage discussions to acquire Foursquare, according to TechCrunch — which admits that even its own sources at Yahoo don’t agree on...

TNS Streamlines Acceptance of UnionPay Cards Worldwide
April 15, 2015

Transaction Network Services (TNS) has a new scheme for faster payment acceptance of UnionPay cards. 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,...

International
JD Takes On Alibaba On The International Stage
April 15, 2015

China’s second largest eCommerce player – JD.com – is going after No. 1. 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 Today....

UK Banks May Be Underreporting Cyber Fraud
April 15, 2015

Roughly 80 percent of online crime in the U.K. goes unreported, and only about 4 percent gets an adequate police response –in part because banks would rather close their eyes to the problem, City of London Police Commissioner Adrian Leppard has confirmed. Get the Full...

Monitise Adds Another “Branchless” M-Banking Partner
April 14, 2015

Monitise is putting a Turkish bank in your pocket. 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 Today. By completing this form,...

International
Citigroup Names New Head of Consumer Banking
April 14, 2015

Stephen Bird, who runs Citigroup’s Asia Pacific region, will take over as Citi’s chief of global consumer banking on June 1, Citi CEO Michael Corbat told employees in a memo on Monday (April 13). Get the Full Story Complete the form to unlock this article...

International
Android Malware Creator And Gang Nabbed In Russia
April 14, 2015

Russian police have arrested five alleged members of a cybercrime gang responsible for Android malware that both stole payment card data and locked up smartphones, demanding a ransom, Forbes reported on Monday (April 13). Get the Full Story Complete the form to unlock this article...