Requiring faster response to market change, the 186 banks owning Nordic processor Nets decided to pursue an owner with better expertise and commitment. It also sought a buyer with the capital necessary to appropriately fund Nets’ IT and technology needs. In the end, it chose...
Americans can take online shopping for granted because it is so ubiquitous. Almost any legal good or service is available to them with nothing more than the click of a button. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
China’s major banks reportedly have set transfer caps for online quick payment services, making it more difficult for users to transfer large amounts of money to Internet wealth management, according to the Beijing News. Get the Full Story Complete the form to unlock this article...
For years, there have been efforts to do away with the use of paper cash and checks and replace them with more efficient electronic means of transferring value. And over time, one might think we’d get to an entirely electronic system. Get the Full Story...
The person-to-person funds transfer market seems to grow each day, though often companies limit transfers to domestic use. A new startup called Remitly is aiming to grow its international remittance business, starting first with the Philippines. Get the Full Story Complete the form to unlock...
The European Central Bank (ECB) has approved a guide for payments security assessments being conducted within in the eurozone. 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...
Ingenico is combining its European business, or Euro-SEPA, and its Transaction business under a new entity managed by Pierre Antoine Vacheron. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
2C2P, a payment services provider based in Singapore, has launched a payment solution in Myanmar. 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,...
Emerging market payment servicer Xsolla has added a number of new solutions in Turkey. 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...