International

International
Iran Hopes New Regulations Will Attract Foreign Investors
August 20, 2018

As Iran tries to pass anti-money laundering regulations to attract foreign investment, a top constitutional body is requesting changes to the measures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Currency Upheaval Prompts Venezuelan Shopping Frenzy
August 20, 2018

Venezuelans were jamming stores and gas stations late last week as worries about an overhaul of monetary policies could create financial havoc, preventing even basic shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Global Payments
Comviva Unveils Mobiquity Deployment; PhonePe Teams Up With Railroad In India
August 17, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Comviva’s deployment of mobiquity in Columbia. In addition, PhonePe is teaming up with the Indian Railway Catering and Tourism Corporation (IRCTC) for mobile payments in India, and the National...

International
Why Belgium Can Be A Good ‘Test Market’ For FinTech Firms
August 16, 2018

Belgium, which is home to many European Union (EU) institutions, is also a burgeoning FinTech hub. The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. Get the Full Story Complete the form to...

Global Payments
Fortumo Rolls Out Direct Carrier Billing In Sweden; MySQUAR Launches Remittance Service
August 16, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Fortumo’s rollout of direct carrier billing in Sweden. In addition, Australia Post is deploying a multilane payment solution from Verifone, and MySQUAR has rolled out a soft-launch of a remittance service....

Global Payments
Ripple Eyes China’s Cross-Border Payments Market
August 15, 2018

Ripple is eyeing the Chinese market, aiming to use blockchain technology to quicken cross-border payments. According to a report in CNBC, citing Jeremy Light, vice president of European Union (EU) strategic accounts at Ripple, the China market is a target for the company. Get the...

International
Visa, Mastercard Replaced By MIR In Crimean Peninsula
August 15, 2018

Visa and Mastercard have been replaced on Russia‘s Crimean peninsula, as its largest bank has completed the process of switching all credit cards to Russia’s MIR payment system. According to a report in RT, citing the Crimean bank, the process was completed on Tuesday (Aug. 14.)...

Global Payments
Remitly Updates Money Transfer Service; Paysafe Plans Rebrand For iPayment
August 15, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s updates to its remittance service for sending funds to India. In addition, Japan’s Nippon Biodiesel Fuel plans to roll out an eMoney platform for farmers in Asia, and the U.K.’s...

Global Payments
Bambora Teams Up With Payworks, The Bank Of East Asia Unveils Payment Hub
August 14, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money accounts in Kenya. In addition, Bambora is working with Payworks to introduce Bambora Connect, and Hong Kong-based The Bank of East...