International

International
Brexit A Thorn In FinTech’s Side?
June 15, 2016

Will it really happen? Thus far polls show that in the U.K., with an eye on the European Union, the answer to the question “should I stay or should I go” is … go.  Get the Full Story Complete the form to unlock this article...

FinTech Startup PromisePay Raises $10M
June 15, 2016

One emerging player in the Australian FinTech market has just secured another round of capital. 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,...

International
German Banks Use Insurers To Protect Billions In Cash
June 15, 2016

Several German banks are buying protection from large European insurers to sidestep paying penalties on cash (read: euros) that they might keep at the European Central Bank (ECB), even as they keep billions of euros physically in vaults. Get the Full Story Complete the form...

South East Asia
Jack Ma Sings The Praises Of Counterfeit Goods
June 14, 2016

Alibaba really wants to clean up the counterfeit goods that populate the many bazaars on its online marketplaces. There’s just one not so small issue, according to Alibaba CEO Jack Ma. The fakes are just so darn convincing. Get the Full Story Complete the form...

International
Walmart Throws Big Executive Behind UK Push
June 14, 2016

With a retailer as big as Walmart, it should be understandable that the makeup of their executives changes every few years, or at least as often as their international priorities do. And now that Walmart’s UK business needs a kick in the pants, there have...

International
Tapp Commerce Secures $9M To Expand P2P Payments
June 14, 2016

Tapp Commerce, the peer-to-peer commerce exchange network that traces its roots to Finland but has been targeting expansion in Asia, said on Sunday (June 12) that it has garnered $9 million to help fund growth initiatives. Get the Full Story Complete the form to unlock...

Europe
Hungary May Go Hungry For Uber Soon
June 14, 2016

After months of protests, Hungary has finally passed legislation that could block Uber‘s service in the nation of 10 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Paytm’s Cross-Border Payments Problem
June 13, 2016

It looks like Alibaba-backed mobile wallet Paytm may not be very useful when it comes to cross-border payments. 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...

International
Why Ant Financial Wants Big Data
June 13, 2016

Chinese eCommerce giant Alibaba Group Holdings’ Ant Financial affiliate took a 20 percent stake in financial data provider Shanghai Suntime Information Technology, Reuters reported last week. The stake was amassed for a purchase price of $35 million, according to the newswire. Get the Full Story...