The COVID-19 pandemic is accelerating a rise in global extreme poverty, the first time there has been an uptick since before 2000, the World Bank said on Wednesday (Oct. 7). It is estimated that the worldwide pandemic will propel 88 million to 115 million people into extreme...
In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. Get...
In today’s top payments news around the world, Italian digital payment firm Nexi has agreed to buy FinTech rival SIA, while Brazilian ride-hailing service 99 will collaborate with Facebook-owned WhatsApp. Plus, global trade finance platform Contour is going into live production. Get the Full Story...
Singapore-based FinTech platform Nium is expanding into the Middle East, the company announced on Monday (Oct. 5). 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 our...
In today’s top payments news around the world, sports star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), while Amazon India has launched a method for clients to pay their credit card bills through Amazon Pay. Plus, cyberthieves posing...
The U.K. government now estimates its losses from the pandemic could hit 23 billion pounds (about $30 billion), Bloomberg reported, coming from loans used to help businesses affected by the crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. Get the Full Story Complete the form to unlock this article and...
In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming with Nium for a new and enhanced corporate credit card. Plus, Intelage has notched $3.5 million in...
The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
