Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding a state fund for 1Malaysia Development Bhd (1MDB), and that U.S. authorities will help return the fees the bank earned from the fund. Get the Full Story Complete the form to...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Western Union Company’s tie-up with Hong Kong’s HKT Payment Limited for money transfers. In addition, MAYBANK is working with KFC Malaysia to bring QR code payments to restaurants in...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of China’s Bingxi Culture “art sharing” platform that enables people to lease out art using Alipay. In addition, Razer’s mobile wallet dubbed Razer Pay may come to tens of...
With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s men’s national team. Terms of the arrangement, which is said to have a duration of eight years, were not made...
Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in China. China’s central bank announced the approval on Friday (Nov. 9), The Wall Street Journal reported. Get the Full Story...
UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy people in the country evade taxes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In the battle across India for consumer transactions, in the battle for hearts and minds and wallets, might Mastercard and Visa be losing share? 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 a tie-up between Grab and Kasikornbank for a mobile wallet in Thailand. In addition, Erste Bank has updated its MobilePay offering in Hungary, and Wallex Technologies has officially rolled...
Western Union and M-PESA announce today a global P2P partnership that will make it easier for M-PESA customers to send money outside of Kenya and for this highly popular mobile payments platform to scale globally. Get the Full Story Complete the form to unlock this...
