After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial inclusion. But some borrowers have now become burdened with debt after taking out high-interest rate loans from lenders that use...
Jean-Marc Decressonniere, a Switzerland banker, is one of few in the industry who plans to support a vote in June that would change the way traditional lenders operate in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Chinese police are using the combined powers of technology and music to catch criminals. 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...
For women around the world, freelancing in the digital economy isn’t just convenient – it’s empowering, especially as gender pay disparity comes under scrutiny across the corporate workspace. But what’s not empowering are the steep transaction fees and currency challenges, such as forex fluctuation or...
Flywire, a provider of global payment and receivables solutions, has announced a major expansion of its U.K. and European operations and team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
According to a new report from the British Foreign Affairs Committee, London has been awash in dirty Russian money since the fall of the Soviet Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A former deputy director of China’s development research center of the State Council, Hou Yunchun, said the country’s social credit system has to punish defaulters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Huang Yiping, a member of a member of the People’s Bank of China’s monetary policy committee, said over the weekend that while China’s financial services market should be open to more foreign competition, China should take a cautious approach to doing that. Get the Full...
International invoicing, Flywire’s Mike Massaro told Karen Webster in a recent conversation, is not easy work – though from the outset, it isn’t obvious just how complicated it is. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
