Commerzbank London and UniCredit announced they have successfully processed the first U.K. Bank Payment Obligation (BPO) live transaction. The transaction covers the export of chemicals from Ireland to Italy. Commerzbank’s customer in the transaction is the supplier, Heraeus Metal Processing, an Irish chemicals company. The buyer,...
If you were rewarded with chocolate every time you threw out your garbage, would you be less likely to litter? We think so, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Australian Competition and Consumer Commission (ACCC) is considering standards that would affect the mobile wallet industry in Australia, but negotiations are messy. First, standards for consideration by the ACCC were not outlined — not to mention that Australian banks want open access and competition,...
How consumers interact and respond to celebrities pitching branded products in China is very different than the way consumers in the U.S. do, but a new study takes a look at how brands are using popular Chinese celebrities as influencers to reach potential customers. Get...
Earlier this year, India took a major step toward giving its cash-driven economy a mobile payment spin. The country’s Reserve Bank of India (RBI) announced in April the launch of a new mobile-powered system called “Unified Payment Interface” (UPI), which is designed to facilitate money...
Singapore is preparing for a FinTech revolution. 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 our daily newsletter, PYMNTS Today. By completing this form, you agree...
You know what they say — everything is bigger in Texas. 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 our daily newsletter, PYMNTS Today. By completing...
FinTech startup SelfScore, which launched the first dedicated Mastercard credit card designed exclusively for international students in the U.S., announced the closing of a $7 million Series A funding round on Wednesday (Aug. 24). Get the Full Story Complete the form to unlock this article...
Everyone was bracing for a negative impact from Britain’s historic vote earlier this summer to exit the European Union, and now, a new report from Greenwich Associates shows just how bad it may be. Get the Full Story Complete the form to unlock this article...
