Behemoth U.S.-based companies continue to encounter pushback from foreign business groups and governments against their expansion plans. This time around, the Indian government has rejected Walmart’s plans to gain a retail license for food through its eCommerce subsidiary, Flipkart. The company reportedly plans to re-apply....
Payment app RevoluPAY, a subsidiary of RevoluGROUP, can now offer B2B payments services in all 27 European Union (EU) member countries with its newly acquired Pan-European PSD2 license. RevoluPAY is the first Canadian bank to obtain the license, which is granted by the Central Bank...
Axiata Group, a Malaysian telecom firm, has been in talks with as many as 11 different partners to bid for a digital banking license in the country, according to a report by Reuters. Mohd Izzaddin Idris, the company’s deputy chief executive, said Axiata was in...
Sezzle, the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight (DBO) for a lending license. The DBO’s approval means that Sezzle can now continue to operate seamlessly in the state and continue to act as...
September 13, 2022
U.S. Sen. Lindsey Graham, R-S.C., who has been oft-critical of social media companies, said he wants to regulate and maybe license the companies, including big names like Meta’s Facebook or Twitter, Reuters wrote. Graham said he’s working on a measure with Sens. Elizabeth Warren (D-MA) and Josh Hawley (R-MO). Graham, Warren and Hawley did not […]
June 01, 2020
Behemoth U.S.-based companies continue to encounter pushback from foreign business groups and governments against their expansion plans. This time around, the Indian government has rejected Walmart’s plans to gain a...
February 21, 2020
Axiata Group, a Malaysian telecom firm, has been in talks with as many as 11 different partners to bid for a digital banking license in the country, according to a...
January 17, 2020
Sezzle, the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight (DBO) for a lending license. The DBO’s approval means that...
