The ongoing political battle stemming from sanctions and other activities in the Russian/Ukrainian dispute likely will have significant cross-border trading implications, especially in Western Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Kenyan consumers transferred more than $12 billion using mobile money services in the first six months of 2014, according to a new report by the Central Bank of Kenya (CBK). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Major consumer brands have struggled for years to control the massive grey market, where the brand’s goods are sold without authorization—and where the items sold may be counterfeit items of much lesser quality. This problem is especially challenging in much of the Asian E-Commerce space—and...
China reportedly left Apple products off a government procurement list because the iPhone and iPad maker failed to submit documents that included a pledge not to violate state or public interests. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Diplomacy is a tricky game and imposing financial penalties against nuclear nations can have frightening consequences. That is the lesson learned this week by MasterCard. When the U.S. this summer imposed serious sanctions against Russia, it halted payment card charges and purchases from quite a...
The Paym service seems to be taking off among British banking customers. More than a million users have signed on to use the service, which allows (U.K. equivalent) ACH transfers of funds between mobile numbers. Get the Full Story Complete the form to unlock this...
Blackhawk Network is partnering with Barclays Bank to enable merchant gift cards as a choice on the Pingit mobile payments app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
When Red Cross workers are helping with disaster relief in the middle of war-torn areas or natural disasters, the last thing they need to deal with are money-transfer headaches to secure critical supplies and services. Enter WorldRemit Ltd., which gets those humanitarian aid workers the...
Card losses in Europe are increasing sharply, according to a new report by Euromonitor International, which plotted payment fraud across the continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...