International

International
Earthport Named By BNP Paribas To Provide ACH Cross-Border Payment Services
October 11, 2018

Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Global Payments
Santander Goes Live On SWIFT gpi
October 11, 2018

SWIFT announced Thursday (Oct. 11) that Santander, the retail and commercial bank, has gone live on SWIFT’s global payments innovation (gpi) service in Spain, the U.K., Argentina and Poland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
EU Cracks Down On Passport Sales Due To Money Laundering
October 10, 2018

The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and residency permits to wealthy foreigners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Global Payments
Western Union Unveils UK High-Value Transfers; Gap Taps Adyen For European Payments
October 10, 2018

Welcome to The Axis, your look at payments news from around the world. Coverage includes The Western Union Company’s roll out of high-value digital transfers from the U.K. In addition, Gap Inc. has tapped Adyen for online and in-store payments in Europe, and the Bangalore...

Global Payments
UPI Transactions Jump In India; Wirecard And SES-imagotag Expand Payment Features
October 09, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Reserve Bank of India (RBI) data that indicates a spike in Unified Payments Interface (UPI) transactions. In addition, Germany’s Wirecard and France’s SES-imagotag are expanding the existing relationship with its joint payment product, and Axis...

International
China’s Reserve Ratio Cut Hopes To Free Up Lending And Spending
October 08, 2018

In what might be seen as a move to boost both lending and spending in China — and extend buying power as Chinese citizens wield the power of their wallets — the Chinese central bank, the People’s Bank of China (PBOC), cut its mandate for...

Global Payments
CANCAN Teams With WorldFirst Payments Platform; Westpac Launches Mobile Deposits
October 08, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes CANCAN and WorldFirst’s rollout of a platform for WeChat Pay and Alipay payments in Europe. In addition, Alipay payments spiked at international destinations during a public holiday in China, and Australia’s...

Global Payments
Global Payments Links With Alipay; Grab And Fave Partner To Boost Growth
October 04, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Global Payments’ tie-up with Alipay to serve Chinese tourists in the U.K. In addition, Grab and Fave are teaming up through a strategic partnership in Asia, and KKR and Tencent plan to...

Global Payments
Sberbank Rolls Out Cash Postcards; Binance Invests In TravelbyBit
October 03, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Binance’s investment in Australian startup TravelbyBit to bring crypto payments to airports. In addition, Russia’s Sberbank rolled out cash postcards to its mobile users, and Singtel has unveiled a cross-border mobile payment...