text

U.S. Treasury labels Switzerland, Vietnam as 'currency manipulators'

The U.S. Treasury labeled Switzerland and Vietnam as "currency manipulators" on Wednesday.It claimed that through June 2020 both Switzerland and Vietnam had intervened in currency markets to prevent

text

Google takes on WhatsApp in India with chat option for Tez payments app

GoogleisaddingachatfeaturetotheTezperson-to-personpaymentsappitlaunchedinIndialastyear.AstheEconomicTimesreports,thefeatureisrollingoutnowandletsuserssendmessag

text

China's mobile payment volume tops 81 trillion yuan

China'smobilepaymentstotaled81trillionyuan(about12.77trillionUSdollars)asofOctober2017,theworld'slargestvolume,officialdatashowed.Thevolumewasmuchmorethanthewho

text

WhatsApp starts digital payment tests in India

WhatsApphasfinallystartedtestingthedigitalpaymentsfeatureit'sbeenworkingonsinceearly2017.TheFacebook-ownedchatappiscurrentlygivingalimitednumberofusersinIndiath

text

Qualcomm fine from EU antitrust regulators expected Wednesday - source

EUantitrustregulatorsareexpectedtoimposeamulti-millioneurofineonQualcommInconWednesdayforpayingAppleInctouseonlyitschips,accordingtoapersonfamiliarwiththematter

text

Ride-hailing firm Grab buys India-based payments startup

SoutheastAsianride-hailingfirmGrabsaidithasacquiredanIndia-basedpaymentsstartup,iKaaz,tohelpexpanditsdigitalpaymentsplatformGrabPay.Grab,whichcompeteswithUberTe

text

Moon’s meal highlights China's mobile payments growth

ThevisitofSouthKoreanPresidentMoonJae-intoChinahascomeatatimeofimprovingrelationsbetweenthetwocountries,andasimplebreakfastinBeijingonThursdaymorningwasenoughto

text

Venezuela ruled in default by trade group after bond payment delays

Venezuela’scash-strappedgovernmenthasdefaultedonsovereigndebtandbondsissuedbystateoilfirmPDVSAafterfailingtomaketimelypayments,aNewYork-basedderivativesgrouprul

text

Venezuela 'selective default' declared, govt insists it is paying up

Venezuelaandthejewelofitscrude-dependenteconomy,stateoilcompanyPDVSA,weredeclaredinpartialdefaultbyratingsagenciesTuesday,butthegovernmentinsisteditwasintheproc

text

India: Government gives incentives for digital transactions

ByAPDwriterRishikaChauhanNEWDELHI,November11(APD)--Thegovernmenthasdecidedtoencouragedigitalpaymentsbypopularizingmobilephoneapplications(apps).Inanote,theminis

text

IBM and Stellar Are Launching Blockchain Banking Across Countries

Inabreakthroughforpaymentstechnology,IBMandanetworkofbankshavebegunusingdigitalcurrencyandblockchainsoftwaretomovemoneyacrossbordersthroughouttheSouthPacific.Th

text

Trump to end Obamacare subsidies that help low-income Americans

TheWhiteHouseannouncedThursdaynightthattheadministrationwillslashObamacaresubsidypaymentstoinsurers.The"cost-sharingreductionpayments,"worthanestimated$7billion

text

India: Digital transactions will increase soon, says Finance Minister

ByAPDWriterRishikaChauhanNEWDELHI,September19(APD)--TheIndianfinanceministerArunJaitleysaidonMondaythatcashlesstransactionswillincreaseagain,eventhoughtheyhaved

text

Google debuts Tez, a mobile payments app for India

Afterseveralweeksofspeculationandleakeddetails,todayGoogleofficiallyunveileditsfirstbigforayintomobilepaymentsinAsia.TheAndroidandsearchgianthaslaunchedTez,anew

text

U.S. court allows Democratic states to defend Obamacare payments

AU.S.appealscourtonTuesdayallowedDemocraticstateattorneysgeneraltodefendsubsidypaymentstoinsurancecompaniesundertheObamacarehealthcarelaw,acriticalpartoffunding

text

India's Paytm plans messaging service to rival WhatsApp

India'sleadingdigitalpaymentsfirmPaytmplanstolaunchamessagingservicebytheendofthismonthtocompetewithFacebook'sWhatsApp,asourcefamiliarwiththemattersaidonTuesday

text

White House: Trump to decide soon on ending health payments

TheWhiteHouseisinsistingthattheSenateresumeeffortstorepealandreplacethenation’shealthcarelaw,signalingthatPresidentDonaldTrumpstandsreadytoendrequiredpaymentsto