September 10, 2021
BIS Official Urges Central Banks to Adopt Digital Currency
The head of the Bank for International Settlements’ Innovation Hub has a message for the world’s central banks: get on the digital currency train or get left behind. According to...
August 27, 2021
India Jumps On CBDC Bankwagon With Digital Rupee Trials
India is joining the global race to develop a framework for a central bank digital currency (CBDC) and could launch trials in December for a digital rupee, CNBC reported on...
August 10, 2021
Payments Network Rapyd Adds PromptPay Capabilities For Google In Thailand
Global FinTech startup Rapyd announced on Tuesday (Aug. 10) that Thailand’s Google Play users will now have access to PromptPay payments, starting from August 2021. According to the announcement, the...
August 10, 2021
Lucrative India Delivery Market Bolsters Zomato Stock Despite Company Taking...
Indian food company Zomato has been posting more than triple the losses from a year ago in its first quarterly earnings report, a Bloomberg report says. Zomato was the first...
August 08, 2021
UnionBank Debuts One-Stop Payments Hub UPay
UnionBank of the Philippines has debuted UPay, which helps smaller businesses manage cash and get access to financing, a report says. It will also allow for all-in-one payments to be...
August 05, 2021
India’s Delivery App Zomato To Launch Payments Service
Food delivery app Zomato is planning to debut a new FinTech experiment called Zomato Payments, VCCircle reported. Zomato, in a regulatory filing this week, said the payments feature would incorporate...
July 27, 2021
Riding The Wave Of Disruptive Marketplaces
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on...
July 26, 2021
China Bank Wants Digital Yuan To Dominate Alipay And WeChat...
The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, respectively, to help it develop digital yuan, The Wall Street...
July 18, 2021
People’s Bank Of China Says Almost 25 Million eWallets Opened...
There was a total of $5 billion in transactions with China’s new central bank digital currency (CBDC) by the end of June, the Peoples’ Bank of China said in a...