Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5 billion three months earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
War is waged with tanks, bullets and air attacks — and also with banks as battlefields, interest rates as weapons of economic mass destruction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Crafts-focused marketplace Etsy on Monday (Feb. 28) canceled all balances owed by sellers in Ukraine on its platform, totaling almost $4 million in listing fees, transaction fees and more, as the country is in under attack by Russia. Get the Full Story Complete the form...
Consumers in Latin America are trading cable TV for streaming subscriptions, pushing platforms to offer innovative payment experiences to remain competitive. In the Digitizing Payments In Latin America Playbook, Paul Del Pin of streaming and entertainment provider Paramount explains why offering a diverse mix of...
The home country of FinTech companies such as Revolut or the account-to-account payment platform Kevin recently declared a state of emergency in response to Russia´s assault of Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A government official in India has said mandatory electronic invoicing of business-to-business (B2B) transactions, or any company with annual turnover above ₹20 crore, will bolster the country’s goods and services tax (GST) registrations. Get the Full Story Complete the form to unlock this article and...
Alphabet’s Google on Saturday (Feb. 26) banned Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In Moscow and other Russian cities, people are trying to get cash, both in rubles and dollars, due to fears of a fiscal crash following the invasion of Ukraine, Financial Times writes. Get the Full Story Complete the form to unlock this article and enjoy...
As reports of military action and casualties mount following Russia’s invasion of Ukraine, a parallel ‘financial war’ is also escalating that is aimed at isolating Moscow through a growing list of economic sanctions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
