Even as its economy collapses and a political power struggle grips the country, Venezuela is also grappling with the COVID-19 crisis and healthcare workers are largely getting paid in a currency whose value declines rapidly. Get the Full Story Complete the form to unlock this...
Deutsche Bank is looking to acquire firms or enter into joint ventures with other companies in a bid to become a significant player in Europe’s digital payments market, the Financial Times reported Sunday (Nov. 22). Get the Full Story Complete the form to unlock this...
Fresh on the heels of a $200 million round of fundraising, Tel Aviv’s Red Dot Capital is accelerating opportunity half a world away in Southeast Asia, as Israeli companies weigh their traditional U.S.-first global strategies. Get the Full Story Complete the form to unlock this article and enjoy...
U.K. supermarket Sainsbury’s said it has been approached by numerous potential suitors for its banking business, Sainsbury’s Bank, according to a report from Express and Star. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. Get the Full Story Complete the form to...
In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with cutting-edge digital payment offerings, Payments Canada is teaming with Mastercard’s Vocalink to advance a new Real-Time Rail (RTR) payment system....
The United Kingdom is poised to become the latest country to roll out rules aimed at barring acquisitions by foreign countries of businesses in key or strategic sectors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
After gaining a new license to operate as a financial institution in Latin America’s largest economy of Brazil, MercadoLibre will work on expanding its portfolio of credit offerings, a report from BNAmericas says. Get the Full Story Complete the form to unlock this article and enjoy...
