The European Systemic Risk Board (ESRB) is cautioning that there could be an onslaught of insolvencies unless the European Union (EU) pivots from loan support to debt restructuring and other efforts to help companies stay afloat. Get the Full Story Complete the form to unlock...
Beijing is launching an intensifying crackdown over how tech billionaire Jack Ma originally won approval for an initial public offering (IPO) in China, The Wall Street Journal reported on Tuesday (April 27), citing sources. Get the Full Story Complete the form to unlock this article and...
In today’s top payments news around the world, Kry raised $300 million in a funding round that values the telehealth platform at $2 billion, while Icelandair has collaborated with Cover Genius to provide an embedded “Covid Plus” cover. Plus, Alibaba has strengthened its ties to...
In today’s top payments news around the world, Amazon is rolling out an IP Accelerator in Canada, while Chinese firms are listing on U.S. exchanges at a record rate. Plus, JD.com has been paying some of its staffers in digital currency. Get the Full Story...
Chinese regulators are taking an even closer look at Meituan, an app that lets users order a variety of services that include meal delivery as well as hotel, flight, taxi and restaurant bookings. On Monday (April 26), China officially announced in a press release that...
While the COVID-19 pandemic continues to devastate parts of the globe, countries that have carried out successful vaccination efforts are wondering how to allow people to travel again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Reserve Bank of India (RBI) has told American Express Banking Corp. and Diners Club International Ltd. to not bring new domestic clients onto their card networks beginning on May 1, although it noted that its order would not affect current clients, according to a Friday...
In today’s top payments news around the world, an economic index is pointing to a strengthening global economy while Airbase is now supporting international bill payments to more than 200 nations. Plus, the Olympics are going digital with an inaugural virtual series. Get the Full...
The International Olympic Committee (IOC) will work with five international sports federations (IFs) and game publishers to produce the Olympic Virtual Series (OVS), the first-ever Olympic-licensed event for physical and non-physical virtual sports. Get the Full Story Complete the form to unlock this article and...
