APEXX global payments marketplace launches in Russia
by Graham Buck
The single marketplace for global payments announced that Russia’s three largest banks are now part of its network.
Region
Australian SMEs stall on hiring, investment as election nears
by Graham Buck
A survey suggests that concerns over the outcome of the federal election, likely to take place in May, is delaying business decisions.
Regulatory headaches move to top of treasury risk agenda
by Graham Buck
A survey conducted in North America and Europe suggests that it has become a bigger worry than trade disputes and fraud.
JP Morgan Chase opening 90 new US branches this year
by Graham Buck
The banking giant aims to step up competition with rivals Bank of America and Wells Fargo.
Europe’s PSD2 ‘could re-direct fraud to other regions’
by Graham Buck
The European Union’s stricter requirements for prevention could result in more fraud in the US and elsewhere, claims a report.
UK considers new options for infrastructure funding
by Graham Buck
Chancellor Philp Hammond said the consultation will look at how to support investment after the UK loses EIB financing.
China poised to overtake the US in digital payments
by Graham Buck
The world is fast adopting digital payments, despite a continuing fondness for old methods such as cheques in the US.
Worldpay reports ‘complex landscape’ for payments
by Graham Buck
Winners will be companies that can offer the right mix of payment options, says the group.
UOB offers working capital funding for Thai SMEs’ digitisation
by Graham Buck
The Singapore banking group’s smart business transformation programme aims to support Thailand’s smaller businesses.
UK ‘must maintain anti- money laundering drive’
by Graham Buck
Companies must not relax their AML standards post-Brexit to secure trade deals, says the Treasury Committee.
UK to stay in SEPA regardless of Brexit outcome
by Graham Buck
The European Payments Council agreed that the UK will remain a member of the single euro payments area.
China eases foreign exchange controls
by Graham Buck
The move is the latest in a slow but steady policy of economic liberalisation - although not for the property sector.
Bank of England offers more euros to banks as Brexit date approaches
by Graham Buck
Governor Mark Carney warns that EU business are ill prepared for the fallout from a no-deal exit by the UK.
UK ‘not yet ready to go cashless’
by Graham Buck
An independent report predicts that within 15 years, cash will nonetheless account for only 10% of all payments.
US corporate finance executives split on economic outlook
by Graham Buck
Few anticipate outright recession in 2019, but talk of an economic slowdown has increased.
C2FO partners with India’s Kotak on working capital management solution
by Graham Buck
The bank says the partnership with C2FO will meet the increased working capital needs of Indian businesses.
New Zealand a step closer to open banking
by Graham Buck
Payments New Zealand has released a set of standards to accompany technology developed for the initiative.