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China Shuts Down $64B Illegal Transaction Operation

China Shuts Down $64B Illegal Transaction Operation
China Shuts Down $64B Illegal Transaction Operation
November 23, 2015  |  Cross-border Payments

Late last week China confirmed it cracked down on an “underground bank” that was responsible for moving nearly 410 billion yuan ($64 billion) in illegal...

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Google May Launch Google Play App Store In China
Google May Launch Google Play App Store In China
November 23, 2015  |  Cross-border Payments

Five years after withdrawing itself, Google is now working on reestablishing its presence in the Chinese market with the launch of the Google Play app...

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Apple Releases Video On How To Use Apple Pay
Apple Releases Video On How To Use Apple Pay
November 23, 2015  |  News

The age of the high-powered salesman has come and gone, but that doesn’t mean that consumers need their hands held when they experience new technology,...

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UK’s Financial Trade Association: Out of Five, One
UK’s Financial Trade Association: Out of Five, One
November 20, 2015  |  Cross-border Payments

In a sweeping move to consolidate lobbying power in the United Kingdom’s financial services industry, five financial trade organizations are merging. Get the Full Story...

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San Francisco Sues Amex Over Card Fees
San Francisco Sues Amex Over Card Fees
November 20, 2015  |  News

The City of San Francisco has filed a lawsuit against against American Express that accused the payment network of charging merchants with excessive fees and alleged...

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