Pay day looms in India. And as Bloomberg reported, things may get ugly. The banking sector, the newswire reported, is girding for a tough response from “angry mobs” as they line up at banks and ATMs to get cash. This is, of course, in the...
It’s been almost six months since Britain made the decision to exit the EU, and as U.K. government officials look to start the process as soon as early next year, it’s clear the move will continue to have huge impacts on the country and its...
Everything has its value. Even good — and bad — behavior. 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 Today. By completing this form, you...
India’s move to remove high-value banknotes from the monetary system is not sitting well with regular Indians, tens of thousands which are protesting around the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Commission on Monday (Nov. 28) proposed new rules designed to ensure systemic market infrastructures within the financial system can be handled effectively when something goes wrong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Indian consumers may be suffering amid a cash shortage in the country, but two winners appear to be Visa and Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
At least some quantification of the initial impact of part of the initiative of the 500-rupee and 1,000-rupee note bans are in. The Financial Times reported that in India, $80 billion worth of the currency notes have been returned to banks. Get the Full Story Complete the form to unlock...
The Nigerian Law Reform Commission (NLRC) is considering amendments to its foreign currency exchange laws in an attempt to stave off the worsening economic crisis in Nigeria. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Gemalto, the digital security company, announced Monday (Nov. 21) it launched what it is claiming is the world’s first solution to reactivate dormant SIMs in Ghana. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
