International

International
How FinTech Firms Are Tackling Africa’s Agriculture Challenges
April 12, 2019

FinTech firms are tackling everyday challenges across Africa by digitizing payments and providing increased transparency. Cellulant’s Agrikore and Tingg Marketplace offerings, for instance, seek to take on the continent’s food struggles. Cellulant Group Co-CEO Bolaji Akinboro told PYMNTS in an interview, “We believe that this...

International
Nonbank Lending Hits $52T, With US Assets At $15T
April 12, 2019

Nonbank lending – also known as “shadow banking” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Global Payments
Ant’s Xiang Hu Bao Brings In 50M Users; Bristol Leads UK In Contactless Payments
April 11, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes a ranking that shows Bristol as the top city for cashless transactions in the United Kingdom. In addition, Google is reportedly working with MMTC-PAMP to let Google Pay users buy...

Global Payments
ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
April 10, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the U.A.E.’s ENOC’s launch of a mobile option for fuel and non-fuel items. Public transportation passengers in Australia will be able to tap their Samsung smartphones at Opal terminals...

International
China’s Sharing Economy Grows — But Consumers Still Have Worries
April 10, 2019

When it comes to digital payments and commerce, it’s hard to argue with China’s leading and influential position, especially in terms of ecosystems based around consumers’ mobile devices. As well, a big part of the future of the global sharing economy is playing out in...

Europe
French Lower Parliament Passes Big Tech Tax Bill
April 10, 2019

France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google, Amazon and Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
No-Deal Brexit Will Slash 3.5 Pct Off UK GDP
April 09, 2019

The International Monetary Fund (IMF) warned on Tuesday (April 9) that a no-deal Brexit would sacrifice between two and three years of normal economic growth for Britain’s economy between now and 2021, according to a report from Reuters. Get the Full Story Complete the form...

Global Payments
Global Payments Platform Finablr To Raise $200M In IPO
April 09, 2019

Finablr, a United Arab Emirates (UAE) payments company, is gearing up to launch an initial public offering in the U.K., aiming to raise at least $200 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Global Payments
Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License
April 08, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mexico‘s Banco BASE selecting Volante Technologies Inc. for international and domestic payments. Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic...