In today’s top payments news around the world, BlaBlaCar plans to utilize its $115 million funding round to bolster its travel app, while FIS is expanding its payment processing functionalities into Malaysia, Nigeria and South Africa. Plus, Saudi Arabia’s Saudi Payments Network is teaming with...
FIS is expanding its payment processing capabilities into three fast-growing markets: Malaysia, Nigeria and South Africa. 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...
Alibaba, Tencent, and other Big Tech firms in China are turning to former government regulators to help them maneuver around Beijing’s strengthening technology sector onslaught, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top payments news around the world, Alan has raised $220 million in a funding round, while Stripe has launched its Stripe Issuing offering in 20 European nations. Plus, Octopus is introducing transit cards for mass transit in China. Get the Full Story Complete...
Moneta Technologies’ Amole, Ethiopia’s mobile eWallet platform, has teamed up with Visa to launch a strategic partnership that supports digital payments in the region, according to IBS Intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Bank of England is setting up a task force focused on exploring the design and launch of a digital version of the pound. As reported by The Guardian, the Chancellor of the Exchequer Rishi Sunak announced the formation of a task force on Monday...
China is expanding the trial of its digital yuan, but the currency should not be seen as a weapon against the U.S. dollar, central bank Vice Governor Li Bo told conference attendees Sunday (April 18), Reuters reported. Get the Full Story Complete the form to...
In today’s top payments news around the world, Japanese QR code payment gateway provider Netstars Co. has secured $60 million in funding, while India’s Flipkart is reportedly moving toward a distressed sale acquisition of Mumbai’s Cleartrip. Plus, a European Central Bank (ECB) study found that...
The digital ruble is moving closer to becoming a reality as the Bank of Russia looks to develop a prototype by the end of 2021, CoinDesk and other news outlets reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...