Singapore shuts down Wirecard’s payment operations
The move marks the most dramatic regulatory intervention in the German payment group’s remaining operations since its collapse in June...
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Swift launches project for “brilliantly simple” SME cross-border payments
The network says it is working with more than 20 banks on the new project. It says SMEs will benefit from predictable payments, upfront...
Banks push back on possible banking charters for big techs like Amazon and Facebook
Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass...
Amazon will now let you pay with your palm in its stores
Amazon accounts for nearly 40 percent of e-commerce sales in the US today, and it takes a cut of even more online shopping by selling...
PayCargo raises $35m in Series A funding
Florida based payments network for the global shipping industry raised $35m in Series A funding led by Insight Partners.
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PayCargo moves approximately $4 billion in cargo payments a year, but del Riego said the company covers less than 3 percent of the global...…
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