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Asian mobile operators can disrupt the online payments industry

Payments Dive

Gerri Kordes, chief business officer at Fortumo, believes the growing mobile population in the region is a good opportunity for operators there to take advantage of the growth.

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. According to the company, it is the biggest mobile marketplace in the U.S.

Regional 145
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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Shopping on mobile devices has increased 7.7 Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting.

Online 176
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Uber Cleared To Buy Online Grocer Cornershop

PYMNTS

If the Uber-Cornershop deal is fully approved, Uber said it would expand grocery delivery beyond Mexico, Chile, Canada and Peru, and into other regions worldwide, according to Reuters. The agency ultimately decided the acquisition would not affect competition. There is no set time regarding when Mexican regulators will make a decision.

Online 163
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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. Many nations in the region are thus examining their open banking proposals to ensure they address this behavior. Around The Data Protection World.

Mobile 229
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Online Shift Trims Citi’s Russian Bank (Branches)

PYMNTS

That comes from Michael Berner, the consumer business manager of the Russian operations, who is also a Citi Russia board member. As noted by the newswire, western banks through the past five years have faced increasing pressure in the region, in part due to sanctions levied in the wake of Russia’s annexation of Crimea.

Online 108
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Deep Dive: COVID-19?s Global Impact On Open Banking And Online Privacy Regulations

PYMNTS

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Mobile and online payments are also on the rise for this same reason. and the EU.