International

Europe
Virgin Atlantic to Use iBeacon at Heathrow Airport in UK
May 02, 2014

Passengers will be able to receive information and offers through Passbook.

International
Will Alibaba Reclaim Its Stake In Alipay?
May 01, 2014

After spinning the payments wing of the company, Alipay, off in 2011 to more successfully navigate regulatory issues within the Chinese government bureaucracy, Chinese e-commerce giant Alibaba is reportedly in talks to reclaim a large portion of its lost stake in its erstwhile payments section....

Europe
Contactless Card Use in UK Reach Record Highs
April 30, 2014

UK contactless card transactions reached a record high in March, more than 200 percent from a year earlier.

Alternative Finances
MTN Partners with Tele 10 to Create Mobile Payments Service
April 30, 2014

MTN partnered with Tele10 to add a TV payment service to its payments options.

International
Australian Bank Launches Cardless ATM Transactions
April 30, 2014

Commonwealth Bank launched an ATM system where customers can withdraw cash just by using their mobile device.

Europe
20M British Banking Customers Waiting on mPay Access
April 30, 2014

mPay, which allows users to send up to £250 a day on their mobile phones using only phone numbers and without disclosing banking details, is already available to 30 million British Customers–those who bank with Barclays, Bank of Scotland, Halifax, HSBC, Lloyds, Santander or TSB. Get the...

International
Neiman Marcus Can’t Persuade Chinese Customers To Pay Full Price
April 30, 2014

After purchasing a 44 percent stake nearly three years ago for a reported $28 million, Neiman Marcus is pulling out of China’s Glamor Sales Ltd. The Chinese company, which made a name for itself selling high-end fashions at a discount, was supposed to function as...

International
Commonwealth Bank Set to Launch Square Competitor
April 30, 2014

The bank plans to launch the device on Wednesday.

Company Spotlight
MasterCard Launches eWallet in New Zealand
April 30, 2014

The MasterCard MasterPass has already launched in over 20 countries.