International

Alternative Finances
Will An Uber Protest Shut-Down Downtown In London?
May 30, 2014

Taxi driver in London are mad as hell, and not going to take it anymore, according reports in Business Insider. Taxi drivers are planning to move ahead with a protest aimed at shutting down large sections of central London with traffic, congestion, noise and chaos over...

Financial Inclusion
Alibaba Eyes SingPost
May 29, 2014

Alibaba will invest SGD 312.5 M (USD 249 M) for a 10.35% stake in Singapore Post. SingPost is a leading provider of e-commerce logistics solutions and trusted communications in the region. The press statement said that the collaboration between them “leverages the core competencies of...

Financial Inclusion
PayPal Australia Reassures Customers After Potential Data Breach
May 29, 2014

Some Apple users in Australia have found themselves victims of a unique attack by hackers through their iPhones. According to several reports, Apple customers received a message on their iPhones, iPads and Macs, which told them that if they didn’t pay US$100 to a PayPal...

Alternative Finances
Australian State Links Tap-And-Go Cards To Crime Increase
May 29, 2014

Tap-and-go credit cards might be convenient for consumers, but they could also be convenient for thieves. At least, that is the mindset of some law enforcement in Victoria, Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Canada Sees Increase in Mobile Deposits
May 29, 2014

NCR Corporation recently released data on the level of mobile checking deposits made in Canada, and found that mobile deposits have doubled every quarter since April 2013 when Canadian banks began deploying to their customers. Get the Full Story Complete the form to unlock this...

International
Alibaba’s $250 Investment in SingPost
May 28, 2014

Chinese Internet giant Alibaba Group Holding has invested $250 million for a 10.35 percent stake in Singapore Post Ltd., the city-state’s main postal and delivery service. The goal of the investment is to create an international e-commerce logistics platform. Get the Full Story Complete the...

International
Israel Restricts Cash To Fight Money Laundering
May 28, 2014

As part of a new government plan to reduce money laundering, cash transactions between businesses in Israel will be limited to 5,000 shekels ($1,400) by law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Finnish Banks Seeking Real-Time Payments System Supplier
May 28, 2014

Finland is hoping to establish a real-time payments system and is looking for partners to build it with.  The country’s current system “Pops” has been in place since the 1990’s and rapidly becoming obsolete, according to  the Federation of Finnish Financial Services, which maintains the platform,...

Europe
Post SEPA, Euro Board To Focus On Innovative Mobile Payments
May 27, 2014

The newly convened Euro Retail Payments Board (ERPB) is getting ready to create to working groups. The group’s area of study will be the role of mobile and ‘innovative’ payments methods. This will follow on the heels of the Eurzone’s SEPA migration. Get the Full...