In today’s top payments news around the world, banks in the United Kingdom are bracing for a wave of requests from firms to extend terms for the Bounce Back Loan Scheme (BBLS), while eCommerce around the globe comprised 19 percent of total retail sales in...
Mexican workers abroad sent a record amount of money back to their home country in March, with remittances reaching $4.15 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The latest in the long list of ways COVID-19 has changed things comes to us from Singapore, where several entrepreneurs have begun selling the comforts of home to people quarantined away from home. Get the Full Story Complete the form to unlock this article and...
Payment systems in Singapore and Thailand are coming together for a first-ever collaboration to advance real-time retail 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. yesSubscribe to...
In today’s top payments news around the world, Taster has notched a $37 million cash infusion from several outside investors, while Oura Health Oy is reportedly in talks with investors in regard to a possible fundraise that would value the company at $800 million. Plus,...
The European Payments Council (EPC) wants to hear from service providers with the expertise to oversee a multi-nation alarm system designed to cut down on payments fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.S. Department of the Treasury announced that MoneyGram Payment Systems, Inc. agreed to remit $34,328.78 to settle “potential civil liability” for 359 apparent contraventions of different sanctions programs, according to a Thursday (April 29) enforcement release. Get the Full Story Complete the form to unlock...
In today’s top payments news around the world, Zomato is going public in India, while MessageBird is acquiring SparkPost in a $600 million deal. Plus, worldwide shipments of smartphones reached 347 million in Q1 2021. Get the Full Story Complete the form to unlock this...
Chinese regulators are handing down new laws that will restrict the finance operations of some of the country’s biggest technology firms, Bloomberg reported on Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...