The European Union is going to approve the Fidelity National Information Services Inc (FIS) $35 billion dollar bid for payments outfit Worldpay with unconditional antitrust approval, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
In payments fraud, it pays — literally — to change up the game a bit. 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,...
In response to plans by regulators to require banks to conduct more detailed credit checks in lieu of depending upon indices, banks in Australia are pushing back. The No. 2 lender, for instance, claims it’s not feasible to make such checks, Reuters reported. Get the...
The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a move to help while the country shifts to new currency to fight rampant hyperinflation and unemployment. Get the Full Story...
Facebook’s announcement of Libra late last month has spurred greater regulatory oversight of cryptocurrencies, with a particular eye on who may be bringing those cryptos into the larger payments ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While it gears up to apply for a digital banking license in Singapore, cross-border payments firm InstaReM is reportedly seeking lending business partners. The Monetary Authority of Singapore (MAS) recently noted that it will grant as many as three digital wholesale bank licenses and up to two...
Eliza Blank was extremely keen on the benefits of plant ownership as a city dweller. Houseplants made the spaces she lived in friendlier, they clean the air — and looking at plants “makes people happy.” Get the Full Story Complete the form to unlock this...
Entrepreneurs often start companies because of an unsolved need in their own lives. Twisted Road Founder and CEO Austin Rothbard, for instance, wanted his bike everywhere he traveled. He kept saying the same six words over and over again: “I wish I had my bike.” At the...
Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by...
