International

International
Feds Want Power To Fight US Card Fraud Abroad
March 30, 2015

The U.S. Justice Department’s Criminal Division has proposed streamlining the requirements for going after cyberthieves who sell payment card numbers issued by U.S. financial institutions, the department said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...

Amazon Brings India Hyperlocal Grocery Delivery
March 30, 2015

After rolling out its quick-delivery Prime Now service to Manhattan, Brooklyn, Baltimore, Miami and Dallas, Amazon has now launched something remarkably similar in a less-expected place: Bangalore, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Company Spotlight
“Master Your Card” E-Allowance Wins MasterCard Hong Kong Hackathon
March 27, 2015

Take 164 people split up into 29 teams, and add in 34.5 gallons of soda, 25.8 gallons of Red Bull, 173 rounds of Nerf gun ammo throughout 24 hours of intense developer activity. What do you get? The components of MasterCard’s Masters of Code, Hong...

Europe
EU Investigating eCommerce Trade Practices
March 27, 2015

The European Union will spend a year studying why online shoppers in the 28-nation Euro zone don’t often buy products outside their own countries in what’s supposed to be a single digital market, the EU’s competition commissioner announced on Thursday (March 26). Get the Full...

Financial Inclusion
Ant Financial’s Money Market Fund Users Quadruple
March 27, 2015

Alibaba’s money market fund Yu’ebao has added more than 140 million users in the past year and reversed a brief slide in the amount of money it manages, according to Tech in Asia. Get the Full Story Complete the form to unlock this article and...

International
Rocket Internet-Backed Cleaning Startup Sweeps Up $47M
March 27, 2015

Helpling, a home-cleaning startup backed by Rocket Internet, has picked up another €43 million ($47 million) to keep expanding, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Is Amazon Buying A High-End Fashion E-Tailer?
March 27, 2015

Amazon is in “ongoing talks” to buy high-fashion online retailer Net-a-Porter for as much as $2.2 billion, Women’s Wear Daily reported on Thursday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Tea-Commerce Site Brews $6M eCommerce Investment
March 26, 2015

The online tea store Teabox is growing faster than its namesake leaf, having recently raised $6 million in 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...

The Mobile Money Ecosystem
March 26, 2015

Financial inclusion and the concept of the unbanked has become a buzzword when it comes to mobile payments innovations. Who are the unbanked, who are the mobile money companies reaching, and where are there still gaps? And why? Get the Full Story Complete the form to unlock this article...