The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of a payday loan, Reuters reported on Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and...
Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A former Chinese deputy governor is urging President Xi Jinping to rethink his response to Libra after the U.S. hearing last October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Businesses in China are bracing for the fallout from the coronavirus outbreak, causing both Disney and McDonald’s to shutter over the Lunar New Year holiday as fears grow over the deadly Wuhan-originated virus, according to multiple news outlets. Get the Full Story Complete the form...
The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Breaking trends in the rest of the world, the U.S.’ business activity is on the upswing so far in 2020. In other major countries, that hasn’t been the case, as their economies have been performing weaker, The Wall Street Journal reported. Get the Full Story...
Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this...
Increased custom duties on imports in India are likely to affect upwards of 50 items, such as electronics, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In a setback to Takeaway.com’s purchase of Just Eat, Britain’s competition watchdog has launched a probe into the buyout, delaying the multi-billion dollar deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
