You Searched For "global payment system" and got 16 results
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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
2 mins read
Global IT outage hits Starbucks mobile-order system and card payments at businesses
Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…
Grace Dean
3 mins read
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
4 mins read
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
2 mins read
De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.
"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…
Filip De Mott
3 mins read
Russia hit Google with a fine so big it defies comprehension, exposing a legal system adrift
Russia's massive Google fine is huge, symbolic, and likely unenforceable, but it's part of an incre…
Joshua Nelken-Zitser,Kieran C…
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
4 mins read
India to see retail digital payments to double to USD 7 tn by 2030: Report
Millennials and Gen X are leading in the adoption of all types of digital payment instruments.
PTI
3 mins read
Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order
Heavily-sanctioned Russia is a commodity giant and a major producer of oil, natural gas, gold, and …
Huileng Tan
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
4 mins read
I'm a software engineer stranded in the IT-outage airport chaos. CrowdStrike broke a cardinal rule of software development, and I can't believe the fallout.
Ahmed Al Sharif, a software engineer of nearly 20 years, was flying from Barcelona to the UK when t…
Charissa Cheong
2 mins read
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
4 mins read
Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain
Technology has transformed every aspect of our lives, and payments are no different. From debit and…
1 min read
Dedollarization suffers a blow as the greenback's share in global payments hits a record high
The international drive to end the dollar's dominance has suffered a blow, with the greenback's rol…