To bolster the country’s economy, the central bank of China said it was reducing the amount of cash that banks need to have as reserves for the third time in 2019. It released $126 billion — or 900 billion yuan — in liquidity, Reuters reported. Get...
Chipper Cash, a no-fee, cross-border payment company started by Ham Serunjogi and Maijid Moujaled, has expanded into Nigeria, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In some ways, the United States and China exist as mirror images, at least when it comes to economic drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Japan’s struggling regional banks are taking on riskier investments as they struggle to survive. 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, PYMNTS...
Seven European payments operators — most of them owned by banks — that own and operate mobile payments services said Tuesday (Sept. 3) that they are in the midst of building a pan-European network focused on cross-border mobile payments. Get the Full Story Complete the...
The 10-year-old Gurgaon-headquartered mobile payments firm MobiKwik has hit its profit goals and is now making money, as reported on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Evidence is being gathered on U.S. big tech companies as the European Commission prepares for new leadership, The Wall Street Journal reported on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It’s one thing to talk the talk on cross-border payments, one of the hottest and increasingly vital areas of global payments and commerce. It’s another thing to walk the walk, especially when it comes to giving sellers the chance to gain new revenue via online...
