Alibaba Group Holding’s founder and chairman Jack Ma China’s said that the company “will do anything to share technology” with Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Anderson Zaks’ new encryption feature for its RedCard payment processing system. In addition, State Bank of India has rolled out a multi-option payment acceptance device, and Investly is opening up its...
JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures, the $9.5 million initiative will assist FinTech startups focused on helping lower and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes a mobile wallet pilot by Banco Agrario, Telefonica Colombia and Comviva in Columbia. In addition, Ireland-based Worldnet has teamed up with ID TECH to deliver Quickchip for its GoChip products,...
Alipay, a payment affiliate of Alibaba, has been hit with a $601,846 fine by the Shanghai head office for the People’s Bank of China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace. 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 the rollout of GoCardless in Australia through a partnership with Xero. In addition, the U.K.‘s Manchester United is teaming up with mobile betting and gaming brand MoPlay, and Iran is relaxing currency rules. Get the...
Venezuela’s Constituent Assembly voted on Thursday (Aug. 2) to legalize money exchange operations in an effort to relax the government’s strict currency controls. According to Reuters, economists say it’s unlikely that President Nicolás Maduro’s government would do away completely with the controls. The country is...
Dublin, the capital of Ireland, is a burgeoning hub for startups in the technology sector. The city is home to European offices for multinational technology companies, as well as banks and startups. Get the Full Story Complete the form to unlock this article and enjoy...
