International

Apple Pay
Apple Pay Comes To Alibaba’s US Marketplace
November 14, 2014

In case the E-commerce giant in China hasn’t proved it’s place in the E-commerce shopping marketplace yet, its new mobile apps might give it another edge. And they come equipped for Apple Pay. Get the Full Story Complete the form to unlock this article and...

It’s Only A Matter of Time: EU Mobile Payments Regulation
November 14, 2014

New mobile payment laws — particularly surrounding security measures — are likely to be proposed by the European Commission, Out-Law.com reported Thursday (Nov. 13), citing an official at the UK’s Financial Conduct Authority. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Tencent’s eCommerce Volume Fizzles
November 14, 2014

Tencent, the Chinese Internet giant that’s been trying to make a splash against its country’s E-commerce giant Alibaba, doesn’t seem to be keeping up with its plan as Tencent’s third-quarter earnings report shows the company posted a 81 percent decrease year over year in its E-commerce...

International
SWIFT To Offer Bank Profiles For KYC Compliance
November 14, 2014

With an ever-increasing list of Know Your Customer regulations for banks doing international funds transfers, financial messaging network SWIFT is developing a new report to help banks spot red flags and problem customers using an analysis of SWIFT traffic.

Apple Pay
Terrorist Treasury: ISIS Minting Its Own Money
November 14, 2014

When the telco-based mobile wallet ISIS (from AT&T, Verizon and T-Mobile) recently changed its name to Softcard, it was done partially to distinguish itself from the al-Qaeda offshoot terrorist group with the same name, standing for the Islamic State of Iraq and Levant. But the...

B2B Payments
How To Triple Global Commerce In Ten Years
November 12, 2014

Want to know how to triple the flow of commerce cross-border over the next ten years? Just remove the friction from how small businesses conduct commerce globally. That, cross-border payments company Currency Cloud says, is payments and commerce’s biggest opportunity and toughest challenge. A new...

International
Mahindra Comviva Launches First-Ever EMV Cards In Zimbabwe
November 12, 2014

Mahindra Comviva on Tuesday (Nov. 11) debuted a new service to be called ConnectMoney Service Manager, courtesy of a deal with a Zimbabwe company called Econet Wireless. The company said that it’s the largest rollout of secure EMV chip and PIN payment cards in Zimbabwe...

Apple Pay
Canadian Mobile Payments May Come At Premium
November 12, 2014

Apple Pay isn’t in Canada yet, but the Canadian government is working on legislation that would make it legal for merchants to pass mobile payment fees to the customer and have the option to reject mobile payments, MobileSyrup reported. Get the Full Story Complete the form...

International
Argentine Bank’s Money Transfers Linked To Money-Laundering Investigation
November 12, 2014

An Argentine bank whose anti-money-laundering controls got a clean bill of health from the New York Federal Reserve is now at the center of civil and criminal Federal investigations over laundering of $24 million by means of more than 20,000 separate checks between 2005 and...