Vietnam Looks To Drop Foreign Ownership Cap For Payment Cos
Vietnam Looks To Drop Foreign Ownership Cap For Payment Cos
February 12, 2020  |  Investments

The State Bank of Vietnam (SBV) has proposed the removal of the 49 percent foreign ownership limit on payment intermediary businesses, according to reports this...

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Wells Fargo CEO Reorganizes Business Units
Wells Fargo CEO Reorganizes Business Units
February 12, 2020  |  Personnel

Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions...

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Ohio University On Paper Checks And The Higher Ed Financial Aid Catch 22
Ohio University On Paper Checks And The Higher Ed Financial Aid Catch 22
February 12, 2020  |  Disbursements

Real-time or instant payments have proved their worth to the businesses — and individuals — that need quick transactions to stay afloat. The benefits of...

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Western Union On Doubling Down On Digital In 2020
Western Union On Doubling Down On Digital In 2020
February 12, 2020  |  Earnings

With a slight miss on earnings and revenue numbers and year-on-year declines in both areas, investors seemed a bit nervous in after-hours trading Tuesday (Feb...

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J.P. Morgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty
J.P. Morgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty
February 12, 2020  |  B2B Payments

In the last decade since the global financial crisis, the corporate treasury function has undergone a dramatic transformation. What was once a siloed area of...

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Platforms Help FIs And FinTechs Break Down Silos
Platforms Help FIs And FinTechs Break Down Silos
February 12, 2020  |  Digital Banking

In the drive to bring speed, convenience and true innovation to payments and address customers’ financial services needs in real time, financial institutions (FIs) need...

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Alibaba Investors In China Barred From Buying Its Stock In Hong Kong
Alibaba Investors In China Barred From Buying Its Stock In Hong Kong
February 12, 2020  |  Investments

Alibaba may be blocked from a new program in China that would allow investors in Hong Kong to buy its stocks. The program is intended...

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Yelp Store Visits Aims To Boost Brands’ Consumer Visits
Yelp Store Visits Aims To Boost Brands’ Consumer Visits
February 12, 2020  |  ResTech

New ad products introduced by Yelp will let restaurants better understand the impact of their ads on local foot traffic, according to reports. The service,...

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StanChart, HBSC Offer Loan Relief As Coronavirus Keeps Cos Away From MWC
StanChart, HBSC Offer Loan Relief As Coronavirus Keeps Cos Away From MWC
February 12, 2020  |  International

The Mobile World Congress (MWC) in Barcelona is in trouble, as three more companies have dropped out over coronavirus fears, according to Reuters. On Tuesday...

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