At least some quantification of the initial impact of part of the initiative of the 500-rupee and 1,000-rupee note bans are in. The Financial Times reported that in India, $80 billion worth of the currency notes have been returned to banks. Get the Full Story Complete the form to unlock...
The Nigerian Law Reform Commission (NLRC) is considering amendments to its foreign currency exchange laws in an attempt to stave off the worsening economic crisis in Nigeria. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Gemalto, the digital security company, announced Monday (Nov. 21) it launched what it is claiming is the world’s first solution to reactivate dormant SIMs in Ghana. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The removal of 500-rupee and 1,000-rupee notes from circulation in India have caused all sorts of unintended consequences, and those unintended consequences could be far-reaching and long-lasting across broad swaths of the economy. Get the Full Story Complete the form to unlock this article and...
Hike, the Indian messaging app that raised $175 million from Tencent of China this past August, has announced updates to its service, taking a page from popular messaging app Snapchat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Poland’s startup ecosystem may be considered still in its infancy compared to larger European tech hubs, like London and Berlin, but that doesn’t mean it should be overlooked by entrepreneurs or investors. In this week’s installment of PYMNTS’ Weekly Tech Center Roundup, we look at how...
New research from comScore MobiLens revealed that mobile banking penetration in France is almost 30 percent. In Q2 2016, more than half (54 percent) of the country’s internet users visited online banking sites on a monthly basis, averaging 10 visits per month lasting more than...
The recent efforts by the Indian government to reform what has traditionally been known as a “cash economy” have thrown daily life in India into a tumult, Bloomberg reported Thursday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In many emerging markets, taking the conventional approach to payments just isn’t an option. Advancing technologies and nontraditional payment infrastructures are enabling these ecosystems to leapfrog right into next-gen commerce — presenting an opportunity that Ravi Pochiraju, SVP of Growth Markets for ACI Worldwide, is...
