In today’s top payments news around the world, Qwikcilver has launched its Woohoo digital gift card store on the Google Pay Spot Platform, while new European Union (EU) guidelines ask that online platforms provide an explanation as to how search results are ranked. Plus, talk...
Fabrick, which provides an open banking platform, and Nets, an instant payments company, are partnering “for joint product and business development.” By combining forces, the companies “aim to develop innovative solutions that deliver new revenue streams for new and existing clients,” Nets announced in a...
The top banking and insurance watchdog in China is looking to crack down on Big Tech’s perceived monopoly of financial data and further curb abuses of power, CNBC reported on Tuesday (Dec. 8). Get the Full Story Complete the form to unlock this article and...
The Monetary Authority of Singapore (MAS) on Friday (Dec. 4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd. and a consortium of Southeast Asia’s Grab Holdings and technology group Singtel. Get the Full Story Complete the form to...
As the first approved coronavirus vaccine arrives in the U.K. this week, the next phase of the fight to contain the deadly virus will fall squarely in the laps of government leaders and health officials. Get the Full Story Complete the form to unlock this...
China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between the two countries grows, sources told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
After expansion woes and COVID-19 setbacks, Indian-based OYO – a hotel chain heavily backed by Japan’s SoftBank Group – is on its way back, the CEO says. Bloomberg News reported that Ritesh Agarwal, Oyo’s founder and CEO, recently told employees that the Indian startup has about $1 billion...
U.S.-based fast food chain Wendy’s is partnering with India’s Rebel Foods and Sierra Nevada Restaurants to launch roughly 250 ghost or cloud kitchens across India. As part of a strategic partnership designed to increase Wendy’s presence in the country, Sierra Nevada will also develop 150...
Giving during the holiday season is about getting beyond the circle of family and friends. This year it’s about turning toward those who enter the festive season in need. And in 2020, due to the unfortunate reality of the COVID-19 pandemic and the wave of...
