Fino Payments Bank is contemplating merging with its holding company, subject to approval from the Reserve Bank of India (RBI), according to a Monday (Aug. 30) CNBC report. The possible reverse merger comes on the heels of RBI’s authorization for the reverse merger of two...
The Chinese government is cracking down on financial journalists and commentators who aren’t officially registered with the government, the Global Times, an English-language newspaper controlled by the country’s Communist Party, reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in payments around the world: UnionPay gives tuition refunds to international students studying in Australia, and Visa and Arab Money Fund work on expediting cross-border payments. Plus, Britain raises the contactless payment limit, and Thunes and Bank Alfalah team up for a real-time payments...
In a statement released on Friday (Aug. 27), Singapore-based FinTech company Thunes said it has partnered with leading Pakistani retail bank Bank Alfalah to enable real-time cross-border payments to consumers in Pakistan. Get the Full Story Complete the form to unlock this article and enjoy...
Leading global payment services provider UnionPay International (UPI) announced in a press release on Friday (Aug. 27) that it is lending support to international students studying in Australia as part of a back-to-school program the company has launched. Get the Full Story Complete the form...
British banks will limit contactless payments across the region to 100 pounds ($137) starting Oct. 15, banking industry body UK Finance said on Friday (Aug. 27), according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in payments around the world: Facebook’s launch of its Novi cryptocurrency wallet could include NFT capabilities, and European flights began to rebound. Plus, there’s no end in sight to China’s regulatory crackdown, and Airwallex comes to the U.S. Get the Full Story Complete the...
The Arab Monetary Fund (AMF) and Visa have signed a memorandum of understanding to enhance cross-border payments. 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...
Melbourne, Australia-based FinTech Airwallex announced in a press release it will operate under newly-approved licenses in the United States — the first North American country in which it has a presence. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
