The Russian Post has launched a new online payments system, for Russian customers wanting to pay for their utility bills, public services and traffic fines. The payments portal connects users with their bank or mobile accounts for a small transaction fee. The Russian Post hopes...
Antony Jenkins, Barclay’s chief exectutive, has decided to renounce to his yearly bonus, just as payout allegations surfaced. On Friday, Barclays was put on the spot for its relationship with Qatar, which seems to include a payout. RBS boss Stephen Hester also waived his right...
MasterCard recently released the first African Cities Growth Index, as part of its continued investment in the continent. The Index looked at different social and economic indicators, to get a complete image of these growing cities. PYMNTS.com spoke with Michael Miebach, Regional President for the...
The deadline for SEPA migration is one year away, but only 30% of credit transfers are now SEPA-compliant, Experian Analysis has found. The number is even less cheerful for direct debits – with only 2% complying with SEPA standards. Get the Full Story Complete the...
The road to bringing the next 500 million consumers into the financial services mainstream is indeed paved with good intentions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
While more than 68 million U.S. consumers don’t have access to traditional financial services – eschewing bank accounts and borrowing for a variety of reasons – the emerging technology startups that can entice this demographic to utilize potentially beneficial innovations have much to gain, a...
There are a plethora of reasons why millions of people in the U.S. and billions of people around the world fall into the unbanked or underbanked categories. Some truly distrust the financial system and refuse to store their money and savings with others. For others,...
Fears regarding Walmart’s assumed takeover of world commerce have become something of a conversation staple, even entering the kids’ movie lexicon in 2008 when a fictional organization called “Buy n Large” was featured none too positively in Pixar’s satirical “Wall-E.” Get the Full Story Complete...
Welcome to PYMNTS.com’s VC Voices: a weekly column where we bring you commentary from the best of the best around the world of payments investment. Want to know what the biggest backers of our industry’s innovators and disrupters think? We give our VCs 500 words...