Cross-border trade brings with it inefficiencies in cross-currency transactions, especially for firms in emerging markets. Liquidity and transparency are lacking for so called “exotic” currencies. Fresh off a seed funding round, VertoFX Co-Founder Anthony Oduwole tells Karen Webster why an online marketplace model helps kill...
Ethiopia has softened its banking rules and opened up the financial space in the country to about five million citizens who have changed to other nationalities, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
In the face of impending rate cuts in the U.S. and Europe, the Swiss central bank has taken steps to weaken the Swiss franc and put rising pressure on the currency, according to a report by The Wall Street Journal. Get the Full Story Complete...
Despite President Donald Trump’s recent threats, French Finance Minister Bruno Le Maire said that his country is moving forward with taxing big tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China is racing to become the first country to implement a pervasive system of algorithmic surveillance, igniting fears that the government will control its citizens’ lives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alarms are going off in the tech sector as two major global tech producers argue over a bureaucratic process driven by politics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Asia’s first cross-border mobile payment alliance, Singtel’s VIA, has expanded to Japan, according to a news release. 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 our...
Following mandates by the Reserve Bank of India (RBI), PayPal is opening a tech center in Hyderabad to ensure all data is stored exclusively on local servers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Vietnam is introducing a social network similar to Facebook after the Communist-ruled government asked domestic tech companies to create substitutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
