In Pakistan, among small and medium-sized enterprises (SMEs), non-performing loans (or NPLs) fell by roughly 6 percent in the first quarter of 2015 from the final quarter of last year, according to the State Bank of Pakistan. Get the Full Story Complete the form to unlock...
Digital money transfer company Xoom and TransferTo, a company specializing in international airtime credit and mobile money transmissions, said Thursday (July 9) that they are collaborating to help Xoom customers recharge their prepaid mobile phones internationally. Get the Full Story Complete the form to unlock...
A draft cybersecurity law released by China aims to strengthen the country’s ability to fight cyberthreats and protect the data of Chinese users, The Wall Street Journal reported yesterday (July 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As China’s stock markets plunge, one longer term casualty could be consumer spending, which in turn could spell turbulence for the payments industry
Cash may be losing its place as a go-to payment method for consumers, but according to the European Union’s law enforcement agency Europol, cybercriminals are revitalizing the use of cash as a preferred method to launder the proceeds of their crimes. Get the Full Story...
MasterCard announced yesterday (July 8) an addition to its Priceless Cities global marketing platform. The newly launched Priceless Japan site offers cardholders access to exclusive opportunities and features of regions across the country. Get the Full Story Complete the form to unlock this article and enjoy...
In the “Land Down Under” there’s a growing market for alternative lenders, who cater to the funding needs of small and mid-sized businesses that typically need more capital than the big Australian banks are willing to dole out. Here’s how one platform, ThinCats, links borrowers...
The chief Chinese ride-sharing competitor to Uber has announced it has raised $2 billion in new funding. 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...
EMVCo, the industry governing body that oversees standards related to the EMV chip cards and payments including tokenization and 3D Secure, said eight new members have joined its consortium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
