Visa
PayPal profit tops estimates on digital payments boom
PayPal Holdings Inc has reported its strongest first quarter on record and beat profit estimates, with a coronavirus-driven shift to online shopping and digital transactions boosti...
Facebook messaging service gets delayed Brazil nod for payments
Brazil’s central bank has cleared the way for Facebook-owned WhatsApp to let its users send each other funds using the Visa and Mastercard card networks, months after vetoing...
Visa moves to allow payment settlements using cryptocurrency
Visa has said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the...
Brexit Britain to offer fast-track visas to bolster FinTechs
The UK government has said it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will st...
With warm words and fast visas, neighbours woo IT workers in Belarus
After Max Korolevsky stated he was detained and then beaten by security forces during protests in Belarus, he asked the IT company he works for to transfer him to neighbouring Ukra...
German prosecutors open Wirecard money laundering probe
German state prosecutors are investigating individuals at Wirecard for suspected money laundering, adding to probes into alleged fraud, balance falsification and market manipulatio...
Brazil central bank says WhatsApp payments service faces further review
Brazil’s central bank president has said that Facebook’s messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for p...
EU banks to take on Visa and Mastercard with new payments system
Sixteen banks from Germany, France and three other euro zone countries said a “truly European” payments system was expected to be up and running in 2022 to fully digita...
Source: Germany missed chances to put Wirecard on watchlist
German regulators twice looked into tightening the supervision of collapsed FinTech business Wirecard and discussed it with the German and European central banks but no action was ...
Canadian visa programme may lure tech workers blocked by Trump
A fast-track visa programme that Canada launched in 2017 has attracted a growing number of tech workers, and US President Trump’s latest immigration crackdown is set to furth...
Brazil suspends WhatsApp’s new payments system
Brazil’s central bank effectively suspended a newly-launched system allowing users of Facebook’s WhatsApp messaging service to send money via chats, ordering Visa and M...
Tech titans dominate US stock market after surge
Investors are once again crowding into a narrow range of technology and internet stocks, heightening concerns that the market’s dramatic bounce from last month’s lows i...