Reuters reported Tuesday that French President Emmanuel Macron may seek to change the enforcement of some banking rules across Europe. The goal of changing the way the rules are carried out, spanning the banking and insurance industries, would be to boost lending activity. Get the...
As Chinese tech companies ramp up their efforts to offer financial services, BlackRock Co-Founder Robert Kapito said that existing Western firms may struggle to compete. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A Russian court has made it easier for the government to block the Telegram messaging app after its creators refused to turn over access to its users’ encrypted messages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
India’s Punjab National Bank (PNB) is conducting an internal investigation into an alleged $2 billion fraud, vowing to come down on anyone involved in the crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The government of China offered up a more clear schedule for opening up its financial sector to increased investments from foreigners, saying it will happen by the end of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Canadian payments firm Paytm Canada said Wednesday that it launched what is being billed as a “first of its kind” rewards platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Brexit looms large for Ireland amid trade and border concerns. But opportunity abounds, says minister of state Michael d'arcy, as financial services and Fintech beckon...and even the U.S. and China might benefit.
Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Just after Grab announced it had acquired Uber’s Southeast Asian ridesharing operations, Alibaba is reportedly preparing to invest in Grab. The size of the potential investment and Grab’s future valuation with such a deal is not yet clear, TechCrunch reported. Get the Full Story Complete the form to...
