With supply chain problems persisting, unwanted and delayed goods have piled up — including things like rotten red cabbages, beer kegs and dog blankets, according to The Financial Times Saturday (Dec. 25). Get the Full Story Complete the form to unlock this article and enjoy...
India’s Income Tax Department is carrying out a widespread crackdown on Chinese mobile companies, conducting searches at their Indian headquarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top Europe, Middle East and Africa news, Europe is set to account for 28% of cross-border eCommerce in 2022, while French payments firm Numeral has snagged $14.7 million in its latest seed round. Plus, the United Kingdom is moving to open banking 3.0,...
UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top Europe, Middle East and Africa (EMEA) news, Italian luxury fashion firm Zegna goes public in a $3.1 billion deal; Europe’s digital healthcare sector gets a $30 million funding boost; venture capital investment in Saudi firms is on the rise; the Davos Economic...
The Russian financial system could survive even if disconnected from the global SWIFT interbank payment system, according to the head of the country’s VTB Bank, Andrey Kostin, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The anti-monopoly bureau in China plans to ramp up its action against monopolistic behavior, according to chief Gan Lin, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The European Commission launched on Tuesday (Dec. 14) the European Alliance for Industrial Data, Edge and Cloud. This project is part of the European Data Strategy, created in 2020, which aims to create a single EU data market and to have more control of the...
Embedded banking and banking-as-a-service (BaaS) have been mainly concentrated in the FinTech and financial services domain, but that is gradually changing as non-financial services platforms take the plunge into financial services for the first time. Get the Full Story Complete the form to unlock this...