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...
The European Systemic Risk Board (ESRB) is cautioning that there could be an onslaught of insolvencies unless the European Union (EU) pivots from loan support to debt restructuring and other efforts to help companies stay afloat. Get the Full Story Complete the form to unlock...
Beijing is launching an intensifying crackdown over how tech billionaire Jack Ma originally won approval for an initial public offering (IPO) in China, The Wall Street Journal reported on Tuesday (April 27), citing sources. Get the Full Story Complete the form to unlock this article and...
In today’s top payments news around the world, Kry raised $300 million in a funding round that values the telehealth platform at $2 billion, while Icelandair has collaborated with Cover Genius to provide an embedded “Covid Plus” cover. Plus, Alibaba has strengthened its ties to...
In today’s top payments news around the world, Amazon is rolling out an IP Accelerator in Canada, while Chinese firms are listing on U.S. exchanges at a record rate. Plus, JD.com has been paying some of its staffers in digital currency. Get the Full Story...
Chinese regulators are taking an even closer look at Meituan, an app that lets users order a variety of services that include meal delivery as well as hotel, flight, taxi and restaurant bookings. On Monday (April 26), China officially announced in a press release that...