Austria - China Online Trade Agreement
The new Sino-Austrian agreement intends to strengthen cooperation and exchange of experience between cross-border e-commerce platforms.
Swedish Innovation: cashless and cryptocurrencies
The Riksbank may soon become the world’s first central bank to introduce a cryptocurrency and remove traditional currency from circulation.
Apple Pay starts in Brazil in cooperation with Itaú
Apple Pay launched in its first Latin American market.
Carrefour introduces its own mobile payment solution
Carrefour Pay, a mobile app allowing NFC-enabled in-store payment, has been launched by the French retail group.
Making euro payments cheaper
The European Commission has announced the release of a proposal aimed at reducing the costs of cross-border euro payments for consumers.
Saudi Arabia growing into the largest e-commerce market in the Middle East
By 2020, online retail sales in Saudi Arabia are anticipated to surpass the UAE.
Pizza Hut to introduce mobile payment to all its UK restaurants
Starting from March 19th, Pizza Hut will be rolling out MasterCard’s Qkr in its United Kingdom restaurants.
The future of payment in public transport
Visa new Transportation Center of Excellence program is looking to revolutionize how travelers pay.
MasterCard to implement tap-and-go standard
In the next 5 years, MasterCard will make tap-and-go standard, increasing payment consistency.
SIX Payment Services: Yesterday’s omni-channel strategy is tomorrow’s revenue loss
The transformation of the customer journey is accompanied by the transformation of the omni-channel strategy in retail.
Voice commerce, a top payment trend in 2018
Payments Trends to Watch in 2018 has placed voice commerce among the top payment trends.
Canadians consumers ready for biometrics
A majority of Canadian consumers are interested in using biometrics instead of passwords.
Curve launching to United Kingdom consumers
The London-based fintech Curve operates a platform allowing users to connect all their cards to a single card and app.
eBay helps accelerate global cross-border e-commerce
The marketplace giant has announced new investments in the Fujian province.
Australia: Mobile wallet adoption boomed in 2017
According to the latest data of the Australia and New Zealand Banking Group, the volume of mobile wallet transactions skyrocketed by 140% in December 2017.
Ingenico acquires New Zealand payment processor Paymark
Ingenico Group, looking to expand in the Pacific region, acquired Paymark, a leading New Zealand payment network.
Amazon Go opens to the public
The first fully automated grocery store opened to the public on January 22nd.
Russia to vote on legalizing cryptocurrency trading on official exchange
A new project of law, drafted by the Russian Ministry of Finance, propose to legalize cryptocurrency trading on organized trading platforms.
North America: Signatures to become optional for EMV-enabled cards
Major credit card schemes will stop requiring signatures for credit cards featuring an EMV chip from April 2018.
Holidays 2017 e-commerce statistics
The 2 months holiday period, spanning from November 1st to December 31st, is marked by strong retail sales.
Amazon Stores are coming to Germany
E-commerce giant Amazon plans to open physical stores in Germany.
JCB International launches contactless payment terminal in Hong Kong
In a partnership with First Data, JCB has introduced JCB J/Speedy in international restaurants chains and duty free shops in Hong Kong.
Warsaw, Tallinn and Prague, the new fintech hubs?
Many central European cities are competing to attract fintech companies, hoping to be recognized as a hub.
Pakistani e-commerce to reach 1 billion USD by 2020
The Pakistan Telecommunication Authority published a report predicting that the country’s market would reach 1 billion USD by 2020.
China’s cross-border e-commerce to hit 1.32 trillion USD by 2018
The country’s import and export e-commerce value is predicted to reach 1.32 trillion USD by 2018, according to the Chinese Cross-Border E-commerce Index.
EBA publishes its security measures final guideline for PSPs
The European Banking Authority has unveiled its final guidelines on security measures for operational and security risks of payment services under PSD2.
Santa’s busiest helpers - the local post and delivery services
This holiday season, post and delivery services are extremly busy.
Bangkok’s street-food vendors are embracing the digital revolution
Using their smartphones, street-food vendors are increasingly offering cashless payment.
