Facing some of the highest inflation in the world as part of a deepening ongoing financial crisis, Venezuela will be pulling its largest bill from circulation this week as it prepares to introduce new, higher value notes, according to President Nicolás Maduro. The current value of...
Britain’s largest software group by sales, Sage, is looking for a buyer for its North American payments business as part of a turnaround strategy. Sage specializes in accounting and payroll software for clients in more than 20 countries. Get the Full Story Complete the form to unlock...
Scotland’s economy has excelled in industrial industries such as shipbuilding, steel and petroleum, but the country is turning its attention to developing a rising digital tech scene. In this week’s installment of PYMNTS’ Weekly Tech Center Roundup, one of the country’s thriving tech clusters, Glasgow,...
Quick response barcodes, or QR codes, are making their way to India, with the Indian government reportedly requesting payment providers in the country adopt a standard QR code. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Monetary Authority of Macau is making a move to cut the amount of cash China UnionPay cardholders can withdraw from ATM machines in half within the world’s largest gambling market, South China Morning Post reported. Get the Full Story Complete the form to unlock...
Visa is moving to support startups in Africa, reportedly partnering with Nest, the Hong Kong venture capital firm and incubator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Quest Payment Systems, a payments provider in Australia, announced Wednesday (Dec. 7) it collaborated with Alipay, the mobile and online payment company, to launch Alipay in Australian stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
London’s tech leaders are concerned about what the city’s future as an international finance hub will be in a post-Brexit world — and are officially looking for answers from Prime Minster Theresa May’s government. Get the Full Story Complete the form to unlock this article and...
The times they are a changin’ — as the People’s Bank of China has ordered local banks to stop issuing co-branded (bearing both the logo of UnionPay and a foreign card network), dual currency payment cards in mainland China, according to reports emerging this morning. The...
