PYMNTS

APRIL 22, 2020

The world remittance fall-off anticipated because of the coronavirus pandemic could have serious effects for numerous countries, according to a Financial Times report that cited the World Bank. The World Bank estimates that there were 272 million migrant workers working internationally, refugees included, in 2019.

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PYMNTS

AUGUST 3, 2020

“Migrant workers are among the hardest hit groups, with many facing scant job security and limited access to social assistances,” ADB economists James Villafuerte and Aiko Kikkawa Takenaka wrote in a blog posted on the Philippines-based organization’s website. Its members include more than five dozen banks.

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PYMNTS

JANUARY 21, 2020

The Philippines-headquartered LuLu Money will use MoneyGram’s API-driven platform to interface with leading consumer-centric capabilities and advance its global network. He added that the firm sees this as marking “a new era for digital money transfers and remittances” in the Asia-Pacific region and the world.

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Regional cryptocurrency System National 250

PYMNTS

AUGUST 27, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes LumoXchange ’s launch in the Philippines. LumoXchange has unveiled the launch of a money transfer service to the Philippines that allows consumers to compare exchange rates between banks in the country, the company said in an announcement.

Lending 109

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Chris Skinner

AUGUST 18, 2016

Things we’re reading today include … London Stock Exchange merger now heads to the regulators as Deutsche Boerse seals investor support Goldman Sachs: a play for the 99% Philippine ex-bank manager out on bail in case linked to cyber heist UK to avoid recession and world economy to ‘stabilise’ as Brexit shock passes – but … The (..)

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PYMNTS

DECEMBER 11, 2018

It offers payment services for people who want to send money to Thailand and the Philippines. The company has connections with Siam Commercial Bank (SCB) in Thailand and Cebuana Lhuillier in the Philippines through RippleNet. Also, the collaboration with SCB allows someone receiving money in Thailand to get it directly and instantly.

Technology 190

Technology blockchain Payments cryptocurrency 190

PYMNTS

NOVEMBER 13, 2018

Welcome to The Axis, your late look at payments news from around the world. In addition, MAYBANK is working with KFC Malaysia to bring QR code payments to restaurants in Malaysia and the Duty Free Philippines (DFPC) is planning to take Alipay and WeChat payments.

Payments 139

Payments Customer Experience Report System 139

PYMNTS

JUNE 26, 2020

According to auditor Ernst & Young (EY) , German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud involving multiple parties around the world” in regards to $2.1 billion on its books that may not exist. The matter concerns the $2.1

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PYMNTS

MAY 14, 2020

To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries.

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PYMNTS

JULY 2, 2020

billion of supposed Wirecard deposits that were missing from two Philippines banks. The collapsed Houston-based company, which once had more than $60 billion in assets before filing for bankruptcy in 2001, resulted in the shuttering of Arthur Andersen LLP , then one of the largest auditing companies in the world.

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PYMNTS

JUNE 24, 2020

eMarketer said nine nations are forecast to experience over 20 percent growth in retail online shopping sales in 2020, headed up by Malaysia, Spain and the Philippines. The analyst noted that there will be a sizable drop in retail sales around the world this year, especially with non-essential goods not sold via digital.

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Online Retail America National 237

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. The latest Asia Pacific country to introduce such a mandate is the Philippines. On Monday (Aug.

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Perficient

NOVEMBER 27, 2020

At a time when international travel isn’t exactly an option, o ur presenters brought the world to us (and all from the socially-distanced safety of Microsoft Teams!). . Louis, presented on The Philippines and her favorite celebration, Fiesta. Speakers covered everything from food to fashion, holidays to architecture.

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St. Louis Community US Leadership 322

PYMNTS

JANUARY 8, 2020

In the January Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including new government-provided identity initiatives from Malaysia, Morocc o and Ukraine, verification partnerships from Jumio and open-source digital ID initiatives that could be game-changers for identity security.

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PYMNTS

SEPTEMBER 4, 2018

That system is called World Wire and will be run on the Stellar network. Late last month, LumoXchange said it launched a money transfer service that trains its sights on the Philippines. IBM unveiled a blockchain-based payments system, which will enable cross-border transactions. The Land Bank is a government-owned bank.

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PYMNTS

OCTOBER 11, 2020

We’re operating within the most sophisticated financial services market in the world, and we’re proud to bring something different to the table.”. Wirecard filed for insolvency in June after it emerged that more than $2 billion of assets the company claimed to have invested in banks in the Philippines were fictitious.

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PYMNTS

DECEMBER 1, 2016

PawnHero , a mobile pawn shop service startup company, is disrupting the alternative finance status quo and working to revolutionize the way consumers in the Philippines engage with their pawn shops. Official analysis from the government estimates that 15 percent of the population of the Philippines is unbanked. In the U.S.,

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PYMNTS

SEPTEMBER 20, 2019

Investment app provider Abra announced that it is selling cryptocurrency for cash at 6,000 outlets across the Philippines, including all 7-Eleven stores in the country. Now Abra users in the Philippines can quickly and easily add pesos into Abra and use that to invest in cryptocurrencies or popular stocks like Google, Amazon, Facebook, etc.,

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PYMNTS

JULY 4, 2016

or the Philippines can send money to each other using the app’s digital wallet that works with their bank accounts. Because there’s so much money being transferred from the developed to the developing world, there still aren’t enough options to serve those who need it most, the company says. and the Philippines.

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Bitcoin US Marketing blockchain 144

Chris Skinner

JULY 13, 2017

The issuance of debit and credit cards was limited and, thanks to building infrastructure just in the past decades, the economy has managed to leap-frog the Western world. Thanks to mobile … The post A three-stream financial world: which one to watch? a day, the measure of the official poverty line today.

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PYMNTS

SEPTEMBER 14, 2020

The joint venture will initially focus on core markets for both Razer and Franklin Templeton’s Singapore subsidiary, including not just Singapore, but also Malaysia, the Philippines and Vietnam, with plans to eventually expand to other countries across the world. “We

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Millennials Fintech Resources Innovation 134

PYMNTS

APRIL 24, 2019

Welcome to The Axis, your late look at payments news from around the world. Grab and SM Cinema are teaming up for movie ticket payments in the Philippines , Vietnam has reportedly notched strong mobile payments growth, and nearly 90 percent of small and medium-sized businesses accept card payments in Romania.

Payments 122

Payments Metro Mobile Survey 122

PYMNTS

DECEMBER 5, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Grab ’s partnership with SM Investments Corporation (SM) for its mobile wallet in the Philippines.

ATM 108

ATM Regional System Payments 108

PYMNTS

SEPTEMBER 2, 2020

billion) said to have been deposited in two Philippines banks did not exist. Hufeld’s comments come one day after the Bundestag announced it plans to hold an inquiry into regulators’ failure to prevent the biggest corporate fraud since World War II. “We didn’t see the wood for the trees. billion euros ($2.1 billion euros ($4.2

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PYMNTS

MAY 6, 2020

And while the startup field might not be as golden as it was in the pre-pandemic days, investors are looking at companies in fields like telehealth, gaming and eCommerce to see where the money is in the quickly-changed world. The company’s total financing is now around $400 million.

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PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. Mobile Wallet Provider Mynt Pulls in $175 Million in Funding.

Video 130

Video United States Mobile Payments 130

PYMNTS

JULY 6, 2020

Bellenhaus was in charge of Wirecard’s CardSystems Middle East and ran that division primarily from his apartment in Dubai’s Burj Khalifa, the world’s tallest building, FT reported. The company said the money had been deposited in Philippines banks, but an investigation did not turn up any such deposits.

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PYMNTS

FEBRUARY 13, 2019

The service is being offered in 10 countries, including Chile, Peru, Colombia, Hong Kong, Thailand, Taiwan, Philippines, Malaysia, Kenya and Indonesia. Western Union has rolled out a new payment option that will let international Amazon.com customers pay in their respective country’s currency, the company announced in a press release.

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PYMNTS

FEBRUARY 26, 2019

Some of those partners include GCash in the Philippines, Paytm in India and Dana in Indonesia. “We In the meantime, our initial presence in Japan shows our commitment to serving Hongkongers as they travel around the world,” said Jennifer Tan, CEO of AlipayHK.

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Payments Regional Mobile Retail 198

PYMNTS

SEPTEMBER 4, 2018

Welcome to The Axis, your late look at payments news from around the world. In addition, Philippine Veterans Bank will work with Fiserv to help with digital transformation, and Paytm Canada has updated its app to help customers collect and spend Paytm Points. Already, the company transfers more than $1.6 billion to the region.

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PYMNTS

JULY 15, 2019

and will pay out remittances to other individuals living in Nigeria, India, China, the Philippines and beyond, across 130 countries. The Xoom expansion, King said, should be placed amid the larger context of estimates by the World Bank that as much as $700 billion annually will change hands in P2P remittance transactions.

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PYMNTS

MARCH 31, 2020

Shopmatic already has a presence in India, Hong Kong, China, Malaysia, Philippines and UAE. According to its website, MatchMove is “building a world-class fintech platform to enable fast, secure and regulated money-moving experiences for the end-users of our clients and partners.”

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Fintech Regional Security Lending 168

PYMNTS

APRIL 10, 2019

Welcome to The Axis, your late look at payments news from around the world. On another note, the World Bank has found that the fourth-largest recipient of remittances from migrant workers last year was the Philippines, the Inquirer reported. Coverage includes the U.A.E.’s According to the report, $33.8

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Samsung Mobile Payments Training 100

PYMNTS

OCTOBER 22, 2018

In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. Tala currently operates in Kenya, Tanzania, the Philippines and Mexico, and has launched a pilot in India.

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Lending Company Marketing Regional 193

PYMNTS

MARCH 12, 2019

Around the Digital Banking World. The challenger’s expansion comes as banks around the world are launching platforms of their own, including financial institutions (FIs) in Thailand and the Philippines. As the banking world gets more digital and interconnected, many banks are starting to worry about money laundering.

Digital Banking 209

Digital Banking Fraud United States Security 209

PYMNTS

AUGUST 16, 2018

In a press release , Ripple said that for xRapid to be successful, there needs to be a healthy ecosystem of digital asset exchange partners around the world that allow payments to move from one currency into XRP, then back into another currency quickly and efficiently. will be preferred for Mexican pesos and Philippine pesos.

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Payments Security US Marketing 101

PYMNTS

JANUARY 21, 2021

In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to raise roughly $121 million in its transfer from the OTC board to Nasdaq. Ant-Backed Mynt Seeks More Funding On Heels Of $175 Million Round.

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