International

Alternative Finances
New Virus Targets Global Financial Institutions
May 30, 2014

Security researchers are warning of a new Trojan that combines elements of the Zeus and Carberp families of malware that is targeting more than 450 financial institutions, mostly in the U.S., U.K. and Australia. Get the Full Story Complete the form to unlock this article...

International
New Korean eCommerce Firm Raises $100 Million
May 30, 2014

Coupang, a 4-year-old South Korean eCommerce firm, reportedly has secured a Sequoia-led $100 million funding round, pushing its valuation above $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
Mobile Accounts For One-Third Of UK Online Retail: Report
May 30, 2014

Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. Get the Full...

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...