Ukraine will unveil artificial intelligence (AI) regulations next year, but not until Europe does the same. The country’s Ministry of Digital Transformation rolled out its roadmap for AI Saturday (Oct. 7), saying it hopes to help businesses with a law that will be similar to...
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination...
Western Union is seeing growth in the number of digital transactions. During the quarter ended March 31, the firm recorded 7% growth in the number of digital transactions, the company said in a Tuesday (May 2) press release. This gain came during a quarter in...
One year after the world sanctioned their country, Russians have gotten creative in finding payment solutions. That’s according to a report Sunday (April 9) by the Financial Times (FT), which looks at the challenges of getting around U.S. dominated payment systems in the wake of...
January 17, 2023
Digital payments have been small businesses’ saving grace in the face of tough economic challenges. It’s a double-edged sword that, according to James Allum, senior vice president of Europe at Payoneer, stems from the “twin revolution of payments and digital” witnessed in the last few years. In fact, Allum said, the digital modernization of payments was […]
May 27, 2022
Sanctions have been dominating headlines. Nithai Barzam, COO of nsKnox, a corporate payment security company, told PYMNTS’ Karen Webster that beyond the sanctions that have been designed to rock Russia...
March 04, 2022
Asking cryptocurrency exchanges to block the addresses of their Russian users last weekend, Ukraine’s Vice Prime Minister Mykhailo Fedorov said: “It’s crucial to freeze not only the addresses linked to...
July 14, 2017
The WannaCry ransomware in May crippled hospitals, railways and government in more than 150 countries: the biggest cyberattack on the books, affecting hundreds of thousands of computers. Few paid up,...
October 20, 2023
Zuora, a monetization suite for modern businesses, has partnered with Sovos, a global compliance technology solutions and services provider, to help global businesses meet eInvoicing mandates. The partnership, announced Thursday (Oct. 19), aims to assist companies in complying with fast-approaching e-invoicing standards, which vary by country and have different mandate timelines. Failure to meet government […]
October 09, 2023
Ukraine will unveil artificial intelligence (AI) regulations next year, but not until Europe does the same. The country’s Ministry of Digital Transformation rolled out its roadmap for AI Saturday (Oct....
August 09, 2023
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of...
May 02, 2023
Western Union is seeing growth in the number of digital transactions. During the quarter ended March 31, the firm recorded 7% growth in the number of digital transactions, the company...
