Written on International Migrants Day, this contribution from Hikmet Ersek, president, CEO and director of Western Union, emphasizes the importance of global migrants in strengthening the world’s economy. “Whether a border is geographical, political, economic or technological, these women and men will not let it...
In the payments industry, they’re known as remittances. But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top payments news around the world, Klook has closed a Series E funding round headed up by Aspex Management, while Gojek is aiming to expand its ridesharing and online payments business. Plus, artificial intelligence (AI) firm, Ariel AI, has been acquired by Snap....
Japanese coordinators for the 2021 Summer Olympics in Tokyo are hoping that newly-elected U.S. President Joe Biden can help kick up momentum in support of the Games, pushing back on cancellation rumors, according to The Wall Street Journal on Wednesday (Jan. 27). Get the Full...
Indonesia’s Gojek is seeking to expand its ridesharing and digital payments business throughout Southeast Asia and beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The president of France, Emmanuel Macron, issued a warning to Big Tech players like Google and Microsoft, saying they need to adhere to European Union (EU) mandates, Bloomberg reported on Tuesday (Jan. 26). Get the Full Story Complete the form to unlock this article and...
So, payments provider Ant Group’s much-heralded initial public offering (IPO) could be back on? Soon? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
In his first speech since U.S. President Joe Biden took office, China President Xi Jinping gave a 25-minute address at the virtual World Economic Forum (WEF), his first appearance there since 2017, Reuters reported Monday (Jan. 25). Get the Full Story Complete the form to...
Israel on Sunday (Jan. 24) ordered an end to all passenger flights to and from the country beginning Monday (Jan. 25), Israel time, and continuing through the end of the month, in a bid to slow the arrival of new mutations of COVID-19, according to...
