Singapore’s financial regulator is sticking to the original plan to award digital banking licenses by the end of the year, according to a Bloomberg report, no matter how tight the scrutiny is in China and the U.S. Get the Full Story Complete the form to...
South African FinTech company Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as...
Li Keqiang, Chinese premier, forecasts that the country could return to normal economic activity by next year, Reuters reports. 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...
The hotel industry may be struggling in the wake of COVID-19, but a new deal by two major global operators shows there is still lots of life left in the sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global payments platform InComm Payments has acquired Brazilian gift card processor Todo Cartões, the company announced in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Barclays Corporate Banking is working with CGI to put the CGI Trade360 system into place, which will provide an international trade finance offering to the bank’s customers in Britain and across the globe, according to a Tuesday (Nov. 24) announcement. Get the Full Story Complete...
Food delivery workers, among others who work in the gig economy, would be able to get as much as 15 percent of their compensation in stock with a proposal made public by the U.S. Securities and Exchange Commission (SEC) Tuesday (Nov. 24), Bloomberg reported. Get...
The pandemic-induced lull in global tourism is taking its toll on several large retail chains, including Abercrombie & Fitch and Tiffany & Co., which are struggling to make up for a lack of foot traffic. Get the Full Story Complete the form to unlock this...