Search Results for: Global Payments
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
ACCA published 3 key priorities for accountancy profession success in 2017
December 28th, 2016
ACCA (the Association of Certified Chartered Accountants) has published a checklist of 3 key priorities that will underpin the success of the accountancy profession in 2017. John Williams, head of ACCA UK, says that the focus on skills in ...
Uganda Could Be 1st African Country To Regulate Digital Currencies
December 28th, 2016
Some African countries have openly criticized bitcoin use. Others have taken a wait-and-see approach. Bitcoin has enjoyed a rally in 2016 that’s beaten every major currency, stock index and commodity contract, surging 15 percent during Christmas week alone to more than $900, ...
PayPal Files Copyright Suit Against India’s Digital Payment Provider Paytm
December 25th, 2016
In what many are calling a tactical move to stymie a competitor, PayPal has pushed forward on a copyright suit against Paytm, a leading digital payment service in India. Back in November, US-based ewallet service PayPal lodged the complaint ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
PayPal Partners with Citi and FIS to Drive Incremental Spend
December 16th, 2016
Partnership has become a core part of PayPal’s strategy, allowing us to provide a new level of financial choice and flexibility to our customers. Over the last few months, we have partnered with Visa and MasterCard to offer greater ...
Gold price forecast for 2017 is lowered
December 12th, 2016
Credit Suisse Group AG (CS) analysts recently lowered their 2017 gold forecast, pointing to slowing sales of exchange-traded funds (ETFs) and speculation surrounding how the election could impact interest rates. These analysts cut their full-year forecast to $1,338 per ...
138 million Europeans are financially cut off from society – without a bank account or payment methods
December 12th, 2016
Mastercard on December 12 announced findings from new research into those who are financially excluded across Europe, finding a third (33%) are employed full time and 35% are aged 18-34. 138 million Europeans are financially cut off from society ...
ADCCA launched the first Australian Digital Currency Industry Code of Conduct
December 7th, 2016
Industry joins forces to create a digital currency code of conduct to protect consumers and boost growth The Australian Digital Currency & Commerce Association (ADCCA) today launched the first Australian Digital Currency Industry Code of Conduct to ensure consumers ...
Alibaba Financial Affiliate Seals Bank Deals for Alipay Expansion in Europe
December 7th, 2016
Alibaba Group Holding Ltd.’s financial affiliate said it would collaborate with three banks and a payments company in Europe as the Chinese company seeks to expand its presence there. Ant Financial Services Group, which operates the Alipay online-payments platform, ...
