Cross-border Payments

Cross-border Payments
China Regulators Tell Alibaba, Other U.S.-Traded Firms to Prep for Audit
March 22, 2022

As China seeks to guarantee its publicly traded companies stay listed in New York, Beijing regulators are considering a plan that would permit their U.S.-based counterparts to examine audits of some Chinese firms that do not collect sensitive data, sources told Reuters. Get the Full...

Cross-border Payments
Fragmented Markets Drive Demand for Streamlined Spend Management Solutions
March 22, 2022

For businesses both large and small, the finance department has to juggle between disconnected tools to reconcile payments with expenses, often spending hours sorting through supplier’s invoices, subscriptions for business tools and general expenses just to close the books at the end of the month....

Cross-border Payments
Amazon Scrambles as Reliance Industries Gets More Aggressive With Future Acquisition
March 21, 2022

Amazon remains locked in a protracted legal battle with Reliance Industries to control the fate of Future Group and gain the lion’s share of India’s retail market, according to a report Monday (March 21) in The Wall Street Journal. Get the Full Story Complete the...

Cross-border Payments
Today in the FinTech Ukraine Daily: Speedy Grocery Delivery Startup Food Rocket Launches Ukraine Meals...
March 21, 2022

Food Rocket, the San Francisco-based company that promises grocery delivery in the Bay area within 15 minutes, announced its customers can help Ukrainians by donating directly to a meals charity with every market purchase. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
EMEA Daily: UK Regulator Orders Barclays to Correct Breaches; Russian Court Rules Meta an ‘Extremist’...
March 21, 2022

In today’s top Europe, Middle East and Africa news, the U.K.’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate information on its products, while a Russian court has labeled Meta Platforms as extremist. Get the Full Story Complete...

Cross-border Payments
China Blocks Bing’s Auto-Suggest Function
March 21, 2022

For one week, China users of Bing can’t use the Microsoft Corp.’s search engine auto-suggest function, Reuters reported Monday (March 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Amsterdam FinTech Recharge.com Expands to Australia
March 21, 2022

London- and Amsterdam-based FinTech Recharge.com has launched in Australia, the company announced Monday (March 21). 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...

Cross-border Payments
National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
March 20, 2022

Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced Sunday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
EMEA Daily: US Investor Eyes Purchase of British Retailer Ted Baker; Apple May Try to...
March 18, 2022

In today’s top Europe, Middle East, and Africa news, New York private equity firm Sycamore Partners is considering a cash offer for U.K. fashion retailer Ted Baker, and Apple is fighting to delay the European Commission’s Digital Markets Act. Get the Full Story Complete the...