International

International
NFC Enabled Mobile Wallet Launches in Canada
April 18, 2014

With the new app, users will be able to add multiple credit cards to their suretap wallet.

International
Ukraine Crisis May Force Russia Out of Markets
April 18, 2014

The U.S. Treasury Department is capable of freezing Russia’s access to bank loans, credit cards, clearing and settlements of transactions, which would for Russia out of global markets.

B2B Payments
Uh, Oh. More Banking Regulation Comes to the EU
April 18, 2014

The European Union will add a new union to its structure, a “banking union” that is designed to “fix” the EU’s still troubled financial sector and broken banks. Will a coalition of banks and more regulation really make it all better?

Company Spotlight
Australia-based Pinpoint To Be Purchased By MasterCard
April 17, 2014

Pinpoint, a Sydney-based provider of loyalty and rewards services for banks and merchants in the Asia Pacific region, has struck an acquisition deal with MasterCard for an undisclosed sum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
CFPB Rule Change Will Keep Remittance Transfers Functional Worldwide Past July 2014
April 16, 2014

The Consumer Financial Protection Bureau (CFPB) has proposed changes to its international money transfer regulation that require transfer providers, such as banks and credit unions,  to report certain fees upfront.  They also must report exactly on exchange rates. Get the Full Story Complete the form...

B2B Payments
Alibaba’s $3B Q4 Revs Stuns Analysts
April 16, 2014

Analysts were in shock and awe yesterday, April 15, to lean that Alibaba, the Chinese e-commerce giant that is acquiring and investing in US companies, had $1.36 billion in Q4 profits.--more than 2x the year before. (The info was courtesy of Yahoo which has a...

International
Russia Plans to Fine International Payment Systems for Freezing Accounts
April 16, 2014

Russia Plans to Fine International Payment Systems for Freezing Accounts

Bitcoin Mining Train Losing Steam as Some Face Cash Losses
April 14, 2014

When the value of virtual currency jumped in value last year, many turned to the mining industry and bought expensive computer equipment to aid the task. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
Coming Soon To Payments: Facebook?
April 14, 2014

In a departure from their roots as the internets premier destination for posting adorable pictures of children and ill-advised pictures of drinking, Facebook is making and entry into the payments industry with remittances and electronic money. Get the Full Story Complete the form to unlock this...