This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores. Burberry, LVMH, Richemont and Gucci owner Kering had...
The International Chamber of Commerce (ICC) and the government of Singapore have teamed up, along with other industry partners, on an initiative to speed up digital adoption in global trade and commerce, according to an ICC release. Get the Full Story Complete the form to...
Will India prove to be a model for open banking? Will it be a fast follower – or a cautionary tale? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PayPal and UnionPay International (UPI) said Wednesday (Jan. 22) that they have struck a global partnership to grow their networks and accelerate the adoption of digital payments — especially in cross-border commerce. Get the Full Story Complete the form to unlock this article and enjoy...
The range of topics under discussion at the World Economic Forum in Davos this week has been — and will continue to be — diverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit, a software development startup based in Ethiopia, as reported on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a troubling 2019, according to a Reuters report on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article...
French buyout fund Eurazeo has enlisted the help of Citigroup and Evercore to sell its payments enterprise Planet, Reuters reported on Wednesday (Jan. 22), citing three sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way, according to reports on Tuesday (Jan. 21). The countries exited include Turkey, Egypt, Uruguay and...
