Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Just after Grab announced it had acquired Uber’s Southeast Asian ridesharing operations, Alibaba is reportedly preparing to invest in Grab. The size of the potential investment and Grab’s future valuation with such a deal is not yet clear, TechCrunch reported. Get the Full Story Complete the form to...
The head of two cryptocurrency exchanges in South Korea were detained by law enforcement for allegations they embezzled the assets of customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Investigators in India are questioning four senior central bank officials as part of its investigation into the $2 billion fraud case at Punjab National Bank (PNB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Historically speaking, it has not been easy for U.S. retailers (or any foreign players) to establish a strong presence in the Chinese market. However, many have been working hard to overcome the barriers and do business in the Far East, and some progress has been...
Sending funds overseas is big business in the United States. According to the World Bank, in 2016, roughly $138 billion in remittances were sent from the U.S. to receivers worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The phrase “trade war” is on the tip of everyone’s tongue as U.S. President Donald Trump redraws trade lines and revises trade agreements with the rest of the world. At stake are billions of dollars of goods traded across borders, as the fate of corporate...
A Russian man claimed his innocence late last week after being accused of hacking three U.S. tech companies, potentially accessing personal information on 100 million LinkedIn users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Law enforcement in South Korea is looking into Youbit, the South Korean bitcoin exchange that was the subject of a heist that brought the exchange down, and are investigating the prospect that North Korea may have been involved. Get the Full Story Complete the form...
