Russian companies are scrambling to open accounts with a Chinese state bank in Moscow as a way to escape international sanctions imposed following Russia’s invasion of Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
New Zealand is making strides toward mandatory eInvoicing services, according to an Open Gov report Wednesday (March 2). 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...
The Russian wealthy class, attempting to avoid the plummeting value of the ruble, are buying luxury jewelry and watches to retain the value of their savings, Bloomberg wrote Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Day after a number of countries imposed harsh sanctions on Russia over its invasion of Ukraine, consumers in that country are more resigned than anything else, Bloomberg News reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy...
In today’s FinTech news, Colombian short-term lender RapiCredit is looking to grow across Brazil and the Caribbean, while the LendingClub puts crypto on the backburner to tackle more traditional growth. M&T Bank wants to make digital banks accountable to the same regulations other financial institutions...
In today’s top Europe, Middle East and Africa news, count China out of joining the West’s sanctions against Russia for its war on Ukraine, and the U.K.’s advertising regulator has pulled an ad by crypto company Floki Inu for an alleged breach of advertising standards....
The Russian central bank said Wednesday (March 2) that it will host daily 3 trillion rouble ($28.31 billion) repossession and deposit auctions to help lending institutions across the country “manage their liquidity and keep overnight money-market rates close to its key rate,” according to a...
Colombia-based, short-term lending startup RapiCredit is in talks with business groups in Brazil and the Caribbean about expanding into those regions, The Rio Times reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
