International

International
European Payments Council Pushes Instant Payments Fix
April 13, 2016

The European Payments Council said earlier this week that it is launching the public commentary period tied to the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

China’s Tax On Foreign eCommerce Sites
April 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Alibaba’s $1 Billion eCommerce Buy
April 12, 2016

Alibaba — Asia’s ranking eCommerce powerhouse — has announced its intention to buy a controlling stake in Lazada Group, a Southeast Asia-focused eCommerce startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Is This Swiss Payments Firm Worth $2.3B?
April 11, 2016

The next multi-billion dollar deal to come down the European pike may happen with Swiss tax refund payments enterprise Global Blue, Reuters reported late last week (April 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Swiss Watchdog Tells Banks To Get Tough On Money Laundering
April 08, 2016

In Switzerland, it’s time for banks to get more focused on helping curtail short-circuit money laundering, according to a key executive at FINMA, the financial regulatory agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Android Takes Bite Out of Apple’s iOS China Share
April 08, 2016

The latest data from Kantar Worldpanel ComTech shows that Android may be creeping into Apple’s OS share 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 required. yesSubscribe to...

International
Wirecard Profit Surges Amid US Expansion Talk
April 08, 2016

German payments solutions provider Wirecard reported a nearly 32 percent increase in transaction volume as a result of its strong organic growth in fiscal year 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
What’s In The Cards For US And Canada Payments (Literally)?
April 06, 2016

Last week, TSYS’ Sarah Hartman and Adam Smitherman shared new data with Karen Webster about the state of payments in Canada and the U.S. in a live broadcast. Some of what was disclosed was rather interesting, maybe even surprising. For instance, more than 50 percent...

International
Trump’s Mexico Wall To Be Built On Remittances?
April 05, 2016

Fund the Trump Wall by cutting off fund flows to Mexico? Unlikely.