The last big U.S. social network in China — Microsoft’s LinkedIn — is shuttering operations in the country over concerns about internet censorship and regulations, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.K. Financial Conduct Authority (FCA) has handed down new guidance for regulated business sectors over the risks involved with remote and hybrid work environments in a Monday (Oct. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy...
China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the bank’s deputy governor said at the recent China Payment and Clearing Forum. Get the Full Story Complete the form to...
Digital payments across Thailand are four times as frequent as they were before the COVID-19 pandemic, as the country’s infection rate is increasing the need for online services, the central bank told Reuters in report on Monday (Oct. 11). Get the Full Story Complete the...
In today’s top EMEA news, NatWest acquires youth-oriented FinTech RoosterMoney and African FinTech Finclusion raises $20M for enterprise development. Plus, the U.K. brick-and-mortar retail scene is equipped to handle Amazon entry, one-third of U.K. SMBs are ‘highly indebted,’ according to Bank of England, and Kenyan...
Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi Gang said at the Regulating Big Tech conference hosted by the Bank for International Settlements (BIS). Get the Full Story...
MarketForce, a Kenyan company providing B2B distribution for retail clients, is expanding in the wake of a recent funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Egyptian Ministry of Finance has said there are 3,000 companies that have joined the state-run e-invoice platform e-finance for Digital and Financial Investments, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top Europe, the Middle East and Africa (EMEA) news, the European Union could fine Apple $2.7 billion over its near-field communications (NFC) chip technology, and Google pledges $1 billion to boost internet and startups in Africa. Plus, Berlin-based firm Swarm Markets targets the...
