International

Alternative Finances
Millennial Banking “Nanny App” Launches
December 09, 2014

A Canadian banking upstart called Koho is joining Simple, Moven and other neobanks trying to reinvent financial services in ways that make sense to Millennials, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Brazil’s The Bellwether For Mobile Payments
December 09, 2014

Brazil is one of the fastest-growing payments markets in the world, with the most developed card market in Latin America and boasting 70 percent of the total ecommerce transactions in the region — and now mobile payments may be about to take off there, according...

Europe
UK Consumers Pick Favorite Non-Banks
December 09, 2014

Almost one-quarter of U.K. consumers would be “likely” to use an online payment provider like PayPal and WePay for retail banking services within two years, according to a survey of 2,000 U.K. adults by YouGov and legal website Out-Law.com. Get the Full Story Complete the...

International
Korean Retailers Fear Dependency On Tokens
December 09, 2014

No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried, Business Korea reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Walmart China Resists Online Operations
December 09, 2014

Walmart’s China operations are running into internal resistance as the chain tries to embrace very Web- and mobile-friendly shoppers in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
Russian Payment Card To Materialize Mid-Month
December 09, 2014

Russia’s National System Of Payment Cards (NSPC) will materialize and start accepting payments in mid-December, according to a report Monday (Dec. 8) in a prominent Russian business newspaper, the Vedomosti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Tencent Responsible For 20 Percent Of Online Transactions During Q3
December 08, 2014

According to a new reports from iResearch, Tenpay, the payments arms of  Chinese web giant Tencent, had a 20 percent share of the online payments market as of Q3 2014. Their main rival Alipay, owned by Alibaba, still has a commanding lead of payments online in...

New Stats Show Alipay Mostly Mobile
December 08, 2014

Alibaba issued new usage stats on Monday (Dec. 8) and it appears that most of Alipay’s transactions are now mobile, albeit just barely at 54 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Alternative Finances
How Many Consumers In Apple Pay’s Bushel Basket?
December 08, 2014

Talk about poking a hornet’s nest. 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, you agree to...