With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd, SoftBank Group Corp, and other players are spreading in Brazil, as some critics note a shakeout is looking more probable. Customers buy products, get loans and open checking accounts that are no-fee...
Having a truly local experience when traveling is often easier said than done. Sure, there is something to be said for a great tourist experience — seeing the famous local sites, eating and drinking, the landmark locations and joining the tour groups. However, even the...
Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. 13). Get the Full Story Complete the form to unlock this article and...
President Donald Trump announced on Friday (Dec. 13) that the U.S. had reached a phase-one trade deal with China and that the tariffs set for Sunday (Dec. 15) “will not be changed,” according to a report by CNBC. Get the Full Story Complete the form...
To provide retail consumers in China with a new widely available and streamlined investment advisory service, Vanguard and Ant Financial Services Group announced a partnership. Their joint venture will provide individual investors in the country with a fund investment advisory service as approved by the...
Japan is looking to JPMorgan Chase & Co.’s blockchain-based information network for payments, Bloomberg reported on Monday (Dec. 9). 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...
Paysend, a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
MoneyGram, in partnership with Visa, has expanded its debit card deposit service, which was launched in collaboration with Visa Direct, Visa’s real-time push payments platform, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
