British banks will limit contactless payments across the region to 100 pounds ($137) starting Oct. 15, banking industry body UK Finance said on Friday (Aug. 27), according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in payments around the world: Facebook’s launch of its Novi cryptocurrency wallet could include NFT capabilities, and European flights began to rebound. Plus, there’s no end in sight to China’s regulatory crackdown, and Airwallex comes to the U.S. Get the Full Story Complete the...
The Arab Monetary Fund (AMF) and Visa have signed a memorandum of understanding to enhance cross-border payments. 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...
Melbourne, Australia-based FinTech Airwallex announced in a press release it will operate under newly-approved licenses in the United States — the first North American country in which it has a presence. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in payments around the world, Khatabook is valued at $600 million after a $100 million Series C fundraising round. Plus, Didi Global pulls back on its U.K. launch plans and McDonald’s reshuffles its international leadership team. Get the Full Story Complete the form to...
The digital payment and banking provider i2c has joined forces with Mexican lender Credijusto to provide a new credit card for small to medium-sized businesses (SMBs) in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in payments around the world, Paysafe has acquired viafintech in Germany. Plus, Arab Bank launches AB Accelerators in Egypt and HSBC introduces mobile payments and collection services in Qatar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
China is clearly trying to hobble its leading global superstars. This is happening even though it has some skin in the game, so to speak, in taking some of the profits, as the government takes stakes in those same firms. Get the Full Story Complete...
India’s 30 million-plus MSMEs (micro, small and medium enterprises) now have access to an all-inclusive digital payment hub, minimizing the effect of poor infrastructure on merchants’ digital payment adoption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
