August 12, 2013
MasterCard Welcomes New Head Of Merchant Marketing For APMEA Region
MasterCard announced it has appointment Marcus Mak to take over as head of merchant marketing for the Asia/Pacific, Middle East and Africa regions. Mak will be based in Singapore, and...
July 31, 2013
Today’s Briefs: August
Briefs from August 23, 2013 Uber Rakes In $360M In Latest FundingSan Francisco-based mobile taxi app provider Uber has raised $361 million as part of its latest private equity round,...
July 25, 2013
Earthport, hyperWALLET Expand Cross-Border Payments
Earthport, a provider of cross-border payment services, announced it has signed on with global payment solutions company hyperWALLET Systems, to improve cross-border payments for corporate customers. The partnership will enable...
July 25, 2013
Extreme Couponing, Spicy eCommerce & Digital Disappointments
This week in payments, the EMEA region is still wondering if the British heat wave is inducing severe confusion as the UK government underestimates the size of its digital economy...
July 24, 2013
EU: EC proposes sweeping new payments regulation
The European Commission announced a legislative package Wednesday that will revise the Payments Services Directive and adopt new legislation on payment card fees. The move is, in part, an effort by...
July 24, 2013
EC To Slash Interchange Fees And Regulate Internet Payment Providers
The European Commission announced a legislative package that would revise the Payments Services Directive and adopt new legislation on payment card fees. “Our proposal will promote the digital single market...
July 08, 2013
New Mobile App Allows African Money Transfers
Mukuru, an English online payment platform, announced the launch of a mobile application that allows customers to make money transfers for African subscribers, reported Humanipo. The new app was created...
July 02, 2013
Breaking Down The Payments Council Roadmap
If you were to compare the British payment system to a physical landscape, it would probably be downtown Westminster Road during rush hour. Earlier this summer, the Payments Council released...
June 28, 2013
DSB, Visa Team For P2P Payments
DBS Bank, an Asia-based financial services group and worldwide financial services provider Visa have launched Visa Personal Payments (VPP). The service allows DBS customers to send money from their bank...
Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.
In Saudi Arabia, digital wallet adoption is surging for cross-border payments, especially among younger consumers. Small and medium-sized businesses, however, face hurdles with security and cost, making addressing these concerns crucial for wider adoption. The latest data brief, “Global Money Movement: U.S. Edition,” a collaboration with TerraPay, explores the landscape of digital wallet usage in the Middle Eastern country, highlighting the generational and business-size divides in this rapidly evolving market.