Indian hotel platform Oyo is scaling back its international ambitions as it pulls out of the U.S. and European markets and severs its Latin American partnership, the Financial Times (FT) reported on Monday (March 1). Get the Full Story Complete the form to unlock this article...
Sopra Banking Software subsidiary Fidor Solutions is partnering with CDP Equity’s SIA to introduce a new instant payments solution in Germany and other parts of Europe, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article...
Grab, the Southeast Asia-based ride-hailing company, is collaborating with the government to conduct drive-thru vaccination services in Indonesia, according to Bloomberg. The program started Sunday (Feb. 28) on the island of Bali. Get the Full Story Complete the form to unlock this article and enjoy...
According to U.S. Treasury Secretary Janet Yellen, Washington is poised to drop a contentious part of its proposal for reforming global tax rules, which had been the main stumbling block for an agreement concerning tech companies, Financial Times (FT) reports. Get the Full Story Complete...
Lawmakers in Great Britain are calling for significant steps to preserve the United Kingdom’s FinTech sector amid threats, including the lack of significant protections in the recent Brexit deal with the EU and the rise of special purpose acquisition companies (SPACs) in the United States....
The impact of COVID-19 on the world economy was the focal point of the virtual meeting of G20 Finance Ministers and Central Bank Governors (FMCBGs), Reuters reported on Friday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As it gets ready to fold in its micro-lending operations, Ant Group is in discussions with other backers in its new consumer finance unit to strengthen the company’s funding, Reuters reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article...
Alibaba was commended by Chinese President Xi Jinping and the state media for its efforts to alleviate poverty and assist farmers with eCommerce, CNN reported on Friday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top payments news around the world, RecargaPay has notched $70 million in a Series C funding round to expand its payments platform, while Didi Chuxing Technology plans to bring its ride-hailing service to Western Europe. Plus, Google’s former CEO is warning of China’s...
