Alibaba Inc., the Chinese e-Commerce giant that is on track for a massive U.S. IPO, has updated its SEC filing to include the 27-member group that will control the company. The filing also includes nominations for Alibaba’s board of directors, which will include Chairman Jack Ma and Vice...
China UnionPay and the Australia Post signed a partnership for which the bank will start accepting CUP’s 4.2 Bn cards in circulation and promote additional products in the future. Auspost has 4.4k urban and 2.6k rural establishments making it the largest retail and banking network...
Bank of Mexico and UNAM presented the report “Financial Cuture of Mexican Youth”. The researches held ten focus groups in five cities and 3.2k surveys of Mexicans aged between 15 and 29. Finding shows only 22% of them control their budget while 61% hasn’t thought...
The national shared payments systems of Kenya (Kenswitch), Tanzania (Umoja Switch), Uganda (Interswitch) and Rwanda (R-Switch) have integrated their ATM networks. The integration will facilitate operability within the East African countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Joining international taxi drivers on the list of things that are likely giving the executive team at the ride-sharing behemoth Uber a headache this morning is the announcement that Yongche is eyeing international expansion Get the Full Story Complete the form to unlock this article and...
Some pretty big stuff got the payments industry talking this week. PayPal’s President moves to Facebook, World Cup revelers can’t get Brazilian currency and a mobile payments innovator claims HCE isn’t all that it’s cracked up to be. That was just Tuesday, Wednesday and Thursday!...
Customers traveling to Brazil for the World Cup from around the world faced an unpleasant surprise last week when currency exchangers all over the world started running out of the Brazilian Real. This is no minor issue for foreign soccer enthusiasts, since, as the info-graphic...
The Ripple protocol allows users and businesses send any kind of currency across its network nearly instantly to other individuals and businesses in the coverage zone. Not only are payments recieved quickly, they are also taken in the recipients native coin. Get the Full Story...
E-payments processing firm Emerging Markets Payments has opened an office in Kenya. The company covers main payment channels such as cards, mobile and ID-enabled payments for more than 130 banks and 30k merchants in 35 countries. In Kenya there are 10.7 payments cards, with a...
