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...
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...
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...
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 —...
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...
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...
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...
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...
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...