Top StoriesBrazil’s central bank to launch QR code-based instant paymentsGBO CorrespondentFebruary 20, 2020 GBO CorrespondentFebruary 20, 2020 The instant payment platform is called Pix...
Top StoriesFAB raises over Dh3 bn in its first Sterling bond, Kangaroo bondGBO CorrespondentFebruary 17, 2020 GBO CorrespondentFebruary 17, 2020 The two bonds will be listed on London Stock Exchange and Australian...
Top StoriesWorldline Ingenico deal to create world’s fourth-biggest payments companyGBO CorrespondentFebruary 4, 2020 GBO CorrespondentFebruary 4, 2020 The deal to buy Ingenico would cost Worldline around €7.8 bn...
FinanceTop StoriesHSBC mulling over withdrawing its operations in TurkeyGBO CorrespondentJanuary 30, 2020 GBO CorrespondentJanuary 30, 2020 The banking giant’s likely departure in Turkey, where it has its presence...
FinanceTop StoriesEuropean Union incurs loss of €170 billion a year due to tax evasionGBO CorrespondentJanuary 29, 2020 GBO CorrespondentJanuary 29, 2020 Netherlands and Ireland are the biggest tax shelters in the EU, while...
FinanceTop StoriesIn Indonesia, debit card spending may surpass credit card spend in 2019GBO CorrespondentJanuary 29, 2020 GBO CorrespondentJanuary 29, 2020 Digital payments may leap from Rp639.9 trillion to Rp821.2 trillion between 2019...
FinanceTop StoriesBIS says more central banks may seek to launch their own digital currenciesGBO CorrespondentJanuary 28, 2020 GBO CorrespondentJanuary 28, 2020 According to the BIS study, around 20 percent of the 66 central...
FinanceTop StoriesFintech startup Currencycloud raises $80 mn led by VisaGBO CorrespondentJanuary 27, 2020 GBO CorrespondentJanuary 27, 2020 Currencycloud, a financial technology startup based in the United Kingdom, markets payment...
FinanceTop StoriesTilney in talks with FCA for approval of £625 million S&W dealGBO CorrespondentJanuary 24, 2020 GBO CorrespondentJanuary 24, 2020 Last September, the acquisition of Smith & Williamson was proclaimed by Tilney,...
Top StoriesKfW Bank to back 10,000 African SMEs with $33 mn credit facilityGBO CorrespondentJanuary 14, 2020 GBO CorrespondentJanuary 14, 2020 The German bank will support the African Guarantee Fund aimed at improving...