Working with Visa, U.S. Bank is bringing a wide range of card-based—as well as cardless—corporate payment offerings to European customers. That includes a new program to offer its corporate purchasing cards in Europe. The bank will be the first in the continent to offer Visa...
Rakuten has been referenced as the “Alibaba of Japan,” and though it didn’t gain the same attention as the Chinese e-Commerce giant in the third-quarter earnings season, the Tokyo-based e-commerce and Internet company had its own set of solid figures in the global marketplace as it reported a stronger...
Russia may ban circulation of the U.S. dollar in the country, the Azeri-Press Agency reported on Wednesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
A series of compliance-driven regulations might be enough to push more correspondent banks to cut local bank ties to avoid “regulatory burden strangling their margins,” according to a Corporate Treasurer article. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Bank of America Merrill Lynch has added some significant new global features for its B2B cards, including expanded country footprints (adding Guatemala and Turkey), real-time account management and integrated global data consolidation in Hong Kong and India, additional B2B payment options in 27 more countries...
Alibaba is discovering that the Chinese and U.S. E-Commerce marketplace present their own set of challenges, particularly when looking at the urban versus rural market audiences, but the Chinese E-commerce giant believes tapping into a niche market, like farmers, can help boost its online users and sales growth....
A record number of RMB payments are being made between offshore trading centres, according to a recent article by Cash & Treasury Management File. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The legal battle between Visa and its former European unit against U.K. retailers over $800 million in card fees has landed in favor of Visa, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
eBay and PayPal are on their way to independent futures, but in the case of eBay in Russia the two have teamed up launch a new payment service, eBay announced Thursday (Oct. 30). Get the Full Story Complete the form to unlock this article and...
