Amid efforts to clean up the banking industry in India, a government panel has floated the idea of creating an asset management company (AMC) that would focus on resolving bad loans that are over $73 million. The panel, which is comprised of bankers, was formed after...
Amid the back-and-forth of a global trade war, illustrated perhaps most keenly between China and the United States, China will seek to boost market access, which the country’s Commerce Minister Zhong Shan said Monday via published comments. The minister’s remarks were carried in the state-run...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Oracle’s decision to bring its FinTech Innovation Program to Brussels. In addition, blockchain technology is expected to take hold in India and BS/2 plans to expand its point-of-sale (POS) terminal...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Hive Project’s deal with Gosocket for invoice financing. In addition, EBANX is working with Light In The Box for card payments and Ukraine’s government says it doesn’t plan to regulate...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mastercard’s partnership with Selcom in Tanzania. In addition, Grab is rolling out mobile wallet credits in Malaysia, while U.S.-based Concord is rolling out an externally audited implementation of General Data...
In remarks to White House reporters, President Donald Trump said he supports U.S. Treasury Secretary Steven Mnuchin’s more measured approach to limiting Chinese investments in U.S. tech companies. Earlier this week, it was reported that the Treasury Department was gearing up to announce rules that...
Plexian, the Swedish FinTech company, announced Tuesday (June 26) that it is strengthing its management team by getting a new chief executive and chief technology officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Trump administration might be introducing a new initiative that would restrict investment in U.S. tech firms by Chinese companies, as well as stop tech exports to China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
SoftBank, the Japanese company, is gearing up to list its wireless carrier unit on the Tokyo Stock Exchange as soon as July. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
