Late payments have hit Australian firms across several verticals — with a notable impact across the transport industry. The practice of supply chain finance is about to get greater scrutiny in the country, according to reports. In the U.K., a number of companies have been...
Swiss bank UBS was hit with a $51.09 million fine by a Hong Kong watchdog for overcharging up to 5,000 clients for nearly a decade, Reuters reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
China’s Alibaba broke sales records during the 24-hour shopping event known as Singles Day, CNBC reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Global FinTech Rapyd announced that it has launched a single platform in Singapore that enables businesses to go cashless. 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...
Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic structure that underlies them is not. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Small business (SMB) tech startup Instamojo announced the launch of its Instamojo Credit Book, which aims to get rid of manual ledgers by digitizing records. Available through the company’s Android app, the ledger allows businesses to keep track of credit given to vendors, suppliers and...
Ingenico Group announced that it has partnered with Belgium ePharmacy firm Newpharma on a new payment solution for online pharmaceutical buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Ukraine is coming to terms with international lenders to settle an aid agreement concerning the nationalization of Privatbank, the country’s largest lender, Bloomberg reported on Saturday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Kenya has passed a new data protection law in the hopes of attracting more foreign technology companies into the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....