International

International
As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
February 08, 2019

With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses in FinTech-friendly Lithuania to make sure they can access the EU post-Brexit, according to a report from Reuters. Get the...

Global Payments
ClickDishes Teams With Alipay For Mobile Orders
February 08, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the rollout of a mini-program for mobile food ordering in Canada with ClickDishes and Alipay. In addition, Auchan is planning to bring a cashierless store to a community in...

Global Payments
Wirecard Teams With Oney For Retail Payments; Klarna’s Pay Later Comes To Gymshark
February 07, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard’s collaboration with Auchan Retail Romania for the Well.com app. ABBA The Museum recently began to offer Alipay, Klarna’s Pay later has become available to Gymshark customers in the U.K. and...

International
Reliance Industries To Invest More Than $1B In Its eCommerce Efforts
February 07, 2019

Reliance Industries, the India energy company, is gearing up to invest 100 billion rupees ($1.4 billion) as part of its efforts to diversify into eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Global Payments
Deposit Solutions Brings Savedo To Switzerland; Mall Retailers Take WeChat Pay
February 06, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Deposit Solutions’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K., Mall of the...

International
Venezuelan Money Supply Rises Amid Protests, Uncertainty
February 05, 2019

Money supply in Venezuela is increasing faster than it ever has before, according to a report from Bloomberg. 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 to...

International
India Banks Could Face Billions Worth Of Bad Loans
February 05, 2019

Indian banks, already struggling with roughly $150 billion in bad loans, may have to come up with 400 billion rupees (or $5.59 billion) to cover potential losses from loans that could default from now until September of 2020. Get the Full Story Complete the form...

Global Payments
THE LIST Teams With BitBay Pay; Monese Rolls Out Apple Pay Support
February 05, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.A.E.-based THE LIST bringing crypto payments to its platform. Monese added support for Apple Pay for personal cards in the U.K. as well as France, Wirecard joined forces with...

Global Payments
Alipay Teams With Tourism Australia; MoneyTO Adds Serbia Transfer Service
February 04, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Tourism Australia and Alipay’s collaboration on the Sydney City Card program. Worldline and Rambus have joined forces for a smart ticketing solution in the U.K., MoneyTO added a money...