Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. 13). Get the Full Story Complete the form to unlock this article and...
President Donald Trump announced on Friday (Dec. 13) that the U.S. had reached a phase-one trade deal with China and that the tariffs set for Sunday (Dec. 15) “will not be changed,” according to a report by CNBC. Get the Full Story Complete the form...
To provide retail consumers in China with a new widely available and streamlined investment advisory service, Vanguard and Ant Financial Services Group announced a partnership. Their joint venture will provide individual investors in the country with a fund investment advisory service as approved by the...
Japan is looking to JPMorgan Chase & Co.’s blockchain-based information network for payments, Bloomberg reported on Monday (Dec. 9). 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...
Paysend, a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Subscribers expect frictionless payment experiences, whether they are accessing videos, music or software as a service (SaaS). Some subscribers may eventually choose to abandon their subscriptions voluntarily, but a significant share could be blocked from access due to logistical issues like expired credit cards or...
MoneyGram, in partnership with Visa, has expanded its debit card deposit service, which was launched in collaboration with Visa Direct, Visa’s real-time push payments platform, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Software-as-a-Service (SaaS) support platforms have more to worry about than solving customer service problems — they must manage the backlash when interrupted subscription payments shut customers out from getting the help they need. In the new Global Recurring Payments Tracker, Pablo Kenney, director of product...
