Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Justin Trudeau, Canada’s prime minister, is using his emergency powers to cut the flow of money to the trucker protests opposed to his vaccine mandate, Bloomberg reported Monday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In today’s top Europe, Middle East and Africa news, the U.K.’s Competition and Markets Authority (CMA) fined retailers JD Sports and Footasylum $6 million for sharing commercially sensitive information, and Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million investment. Get the...
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Banco de Sabadell will be looking into selling its payments business, Bloomberg reported Friday (Feb. 11), citing anonymous sources. 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...
Italy’s second-largest bank, UniCredit, is weighing its options following reports it was making moves to snag rival Banco BPM. 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...
In today’s top Europe, Middle East and Africa news, the Central Bank of the United Arab Emirates has approved a new digital banking platform supported by state holding company ADQ; Media regulators in the European Union are considering new rules to end misinformation on Spotify. Get...
The ratio of bad loans originated from China’s commercial banks fell 0.02 basis points to 1.73% at end of December compared to the percentage from three months earlier, according to a statement on the China Banking and Insurance Regulatory Commission’s (CBIRC) website Friday (Feb. 11)....
Mexican consumers are using their mobile devices to purchase everything from groceries to movie tickets, leading merchants to reassess their payment offerings. In the latest Digitizing Payments In Latin America Playbook, Clip’s Mariano Carranza explains how merchants’ ability to offer payment tools such as mobile...