Attacks by Chinese hackers against telecom companies have risen in the last year, a troubling sign that could mean China is pushing back against the U.S. decision to ban Huawei from installing 5G technology in the country, according to a report in Financial Times. Get...
During a fraud trial on Tuesday (Feb. 19), the former chairman of Barclays bank said that Qatar was “not as central” to the bank’s plans to fundraise billions in 2008, according to a report in the Financial Times. Get the Full Story Complete the form...
Danske Bank, which was involved in one of the biggest money laundering scandals of all time, will no longer do business in Russia or the neighboring Baltic states, according to a report in Reuters. Get the Full Story Complete the form to unlock this article...
Alibaba, the Chinese eCommerce giant, has increased its stake in China International Capital Corp. to close to 12 percent, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
HSBC, the global bank, expressed caution on Tuesday (Feb. 19) that it may be forced to put off some investments in 2019 as it contends with slowing growth in China and the U.K. Get the Full Story Complete the form to unlock this article and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden’s Fingerprint Cards AB unveiling a biometric software platform for payment cards, wearables and USB dongles. The Austrian unit of LGT has rolled out The Avaloq Banking Suite, Singapore mobile...
Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Danske Bank was ordered by Estonia to shutter its local branch at the center of a money-laundering scandal, and has been given only a few months to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Lloyds Banking Group, the U.K. bank, announced Tuesday (Feb. 19) a partnership with Visa in which the two have launched a new pilot scheme aimed at boosting access to cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
