The Reserve Bank of India (RBI) is moving forward with plans to publish an index showing the extent of digital payment adoption in the country, a top executive at the bank told an online conference hosted by a trade group Wednesday (Sept. 9), according to...
Grab Holdings Inc., the $14 billion global ride-hailing company based in Singapore, is negotiating with potential investors as it seeks to raise as much as $500 million to boost its financial services division. Get the Full Story Complete the form to unlock this article and...
State Bank of India, the country’s largest bank, has updated its payment processing system to ACI Worldwide Technology‘s Retail Payments system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
MarketFinance, a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit, the Israeli asset manager, to go toward lending for the U.K. Coronavirus Business Interruption Loan Scheme (CBILS) initiative to help businesses affected by the pandemic, the company said...
Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Get...
China’s yuan could become the world’s third-largest reserve currency in the foreseeable future due to increased foreign investment in Chinese companies, analysts at Morgan Stanley conclude in a report distributed Friday (Sept. 4) and cited by CNBC. Get the Full Story Complete the form to...
ByteDance, the Chinese firm that at least for now owns all of TikTok, has purchased a Chinese payments company, Reuters reported Friday (Sept. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
SoftBank Group Corp. wants a piece of TikTok, the popular but controversial video-sharing app. 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 daily newsletter, PYMNTS...
U.S. payments company Bottomline Technologies has announced it is now providing Confirmation of Payee (CoP) services to banks in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
