International

Europe
With The PowaTag Platform European Companies Can Build “Virtual Boutiques” Using Real World Advertisements
June 03, 2014

European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...

Company Spotlight
Putin: “Da” to Visa and MasterCard Staying In Russia
June 03, 2014

Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.

International
Alipay Launches Healthcare App
June 03, 2014

Alipay is planning to launch an app to help patients of hospitals with everything from appointments to payments. The app would allow medical professionals to communicate with their patients and even rate doctors. Get the Full Story Complete the form to unlock this article and...

Europe
Kalixa Acquires PXP Solutions In European Processor Deal
June 02, 2014

UK-based processor Kalixa has acquired PXP Solutions, a 27-year-old privately held UK-based merchant processor, according to lawyers involved in the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
India and Bangladesh Working To Boost Border Trade
June 02, 2014

India and Bangladesh have been working together to increase and improve cross-border trading between the two countries. Specifically, each nation has sought to develop ‘border haats’ or markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Petition Seeks To Bring PayPal To Nigeria
June 02, 2014

Lagos, Nigeria-based design company CreativityKills, hoping to bring PayPal to Nigeria, recently launched a petition on the website change.org. According to the petition, Nigeria is the largest African country and those individuals in the nation are currently unable to fully use PayPal. On some websites...

International
Japanese Business Lost $2 M In April 2014 Hack Attacks
June 02, 2014

Japanese Business Lost $2 M In April 2014 Hack Attacks 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...

B2B Payments
How Fluor Created A Smooth Cash Management Experience
June 02, 2014

The global engineering and construction company Fluor Corporation recently wrote a blog post about the success its found in Europe in terms of optimizing cash management. According to Fluor Finance Director Martin Blom, through his organization’s financial partnership with the ING Group, they have transformed...

International
US Places 5th in RMB payments
June 01, 2014

According to SWIFT info, US became the fifth place in the world for RMB payments after mainland China, Hong-Kong, Singapore and UK. US flows from and to China and Hong-Kong represented 2.4% of the total and had 327% y-o-y growth in April. The RMB continues...