Internationally sanctioned North Korean banks have now been banned by Swift — meaning said banks are now barred from using the global financial messaging service, according to a statement from the Belgium-based Society for Worldwide Interbank Financial Telecommunication. Get the Full Story Complete the form to...
Just what makes that little old ant/Think he’ll move that rubber tree plant/Anyone knows an ant, can’t/Move a rubber tree plant” ...
In recent years, cross-border movement of everything from people to money has increased exponentially, leaving banks in a tough spot when processing multicurrency payments for businesses. Mike Laven, CEO of Currencycloud, joined Karen Webster to highlight how FinTech partners are helping banks pursue a much-needed...
Reuters reports that the nation’s securities watchdog is in the midst of mulling a “shortcut” that would offer some of the biggest tech firms in China a way to bring their shares public in a fast-tracked manner. In other words, they’d get to list sooner rather...
The two cornerstones of innovation in moving India to a cashless society are actually technologies that have been around for a very long time: feature phones and QR codes. BharatQR is the interoperable QR code-based payments system that will let Indian consumers pay from their...
Both Republican and Democratic lawmakers are pushing for the federal government to increase its watch on mounting Chinese investment in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Microsoft scored a major deal with Flipkart this week, with the top online marketplace in India agreeing to adopt Microsoft Azure as its exclusive public cloud platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
IndiaQR, a government-backed QR code payment service, is now available in India as of Monday (Feb. 20). 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...
Alibaba affiliate Ant Financial has made its latest aggressive international push this week — with a $200 million investment into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. Get the Full Story Complete the form to unlock...
