In today’s top stories from Europe, the Middle East and Africa (EMEA), the United Kingdom’s top financial regulator places Swiss investment bank Credit Suisse on a watchlist until it shows it can improve its culture and accountability measures. Plus, Apple finally reaches an agreement with...
The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface (UPI), which will enablFinTeche more people to make digital payments with cards issued by the National Payments Corporation of India...
The pandemic accelerated the digitization of companies’ customer interactions by as much as four years and the share of their digital product offerings by an astounding seven years. As companies across the globe worked double-time to develop digital- and mobile-first platforms to adapt to pandemic-related...
Brazil’s bold steps toward digital adoption and the launch of instant payments network Pix are slowly chipping away at cash. It's why Luis Silva, CEO of payment network provider CloudWalk, tells PYMNTS he and others have high hopes for the burgeoning digital payments market in...
As the world adopts digital payment options at a breakneck pace, Latin American countries have typically lagged in the shift away from cash to alternative payment methods, including digital wallets, QR codes and other contactless payment options. With recent research indicating that economic growth is...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the European Supervisory Authorities said cryptocurrency exchanges that break money laundering rules should have to forfeit their licenses. Plus, the British government said the Bank of England should take over the management of...
Payments FinTech HyperPay raised $36.7 million (SAR138M) to expand its payment services to merchants in the Middle East and North Africa (MENA) region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The end for SWIFT may be swift. 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 Today. By completing this form, you agree...
Hospitality startup Oyo Hotels is putting plans for an initial public offering (IPO) on hold until after September to clean up its financial house and ride out the volatility in the markets, according to media reports on Tuesday (May 24), citing unnamed sources with insider...