International

International
VTech Hacker Caught By British Police
December 15, 2015

In an indication of just how digitally dependent the world has become, many became aware of the fact that children’s gadget maker VTech had been collecting and storing all data their young users input into their devices when news broke of the company’s data breach...

International
Shrimp, Slavery And Retail’s Ugly Secret
December 15, 2015

In an age where developed world consumers are increasingly concerned with their food’s origin story, it is surprising, disturbing and terribly sad that the peel-and-eat shrimp many of us will be enjoying this holiday season has probably come to a supermarket shelf or a restaurant...

Amazon
Amazon Unseats Flipkart As India’s Most Visited eCommerce Site
December 14, 2015

It took about two years, but Amazon has managed to claim the throne in Indian eCommerce — for now. 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...

Online Shopping Surge Strains UPS
December 14, 2015

Unless retailers have spent much of 2015 under a rock with poor Wi-Fi, it shouldn’t be a surprise to any brand that shoppers are wild about online orders this holiday season. However, just how big of a surge this digital shift is turning out to...

International
UnionPay Steps Onto Crowded Chinese Mobile Payments Field
December 14, 2015

China’s largest payment and clearing network (and until very recently, China’s only payment and clearing network), UnionPay, has teamed up with 20 lenders nationwide to offer its own mobile payments product. The move comes as UnionPay attempts to capture customers back from China’s ascendant mobile pay...

Alternative Finances
Global Payments: A Quietly Quirky World
December 14, 2015

Consumers in the developed world tend to think of their financial systems as complex, particularly as compared to the developing world. And while that is not an entirely incorrect perception, it might just be a little bit skewed. When it comes time to pay in...

B2B Payments
Bringing Visibility To Treasury Management
December 14, 2015

A firm’s liquidity and risk are as strong only as its ability to manage its cash and other holdings in real time. Here’s why treasury management systems are becoming important to companies of all sizes, according to Reval.

Europe
Big Bank Layoffs Coming
December 14, 2015

More job cuts are coming to the big banks in both Europe and the U.S. in 2016, with announcements of 100,000 job cuts already in the ether and thousands more expected from Barclays and BNP Paribas in the next few weeks, according to Financial Times. This year’s...

Alibaba’s Big Investment Push Adds South China Morning Post
December 11, 2015

Alibaba’s year of investments has been capped off with the acquisition of the South China Morning Post, along with other media assets of its company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...