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18 Oct 2023, 9:00 am
Interlinking arrangements among fast payment systems (FPS) are one of the most promising solutions for enhancing cross-border payments, offering the prospect of significantly faster, cheaper, more accessible and transparent cross-border payments. [read post]
10 Nov 2023, 6:00 am
“The past few years have proven that our global economy depends on seamless connections — of people, raw materials, goods and services,” Alan Marquard, executive vice president of transfer solutions at Mastercard, said in a statement. [read post]
2 Feb 2016, 4:52 pm
“When implemented, the strategies will contribute to public confidence and the global competitiveness of the U.S. payment system. [read post]
21 Apr 2015, 7:22 pm
“The Global Financial Inclusion (Global Findex) database, launched by the World Bank in 2011, provides comparable indicators showing how people around the world save, borrow, make payments, and manage risk. [read post]
6 May 2019, 12:59 pm
The global payments landscape is rapidly changing as innovative technologies are challenging traditional payments systems. [read post]
17 Apr 2015, 5:00 pm
“The Global Financial Inclusion (Global Findex) database, launched by the World Bank in 2011, provides comparable indicators showing how people around the world save, borrow, make payments, and manage risk. [read post]
5 Dec 2022, 8:26 am
” According to Blackwells, more than one out of every 10 dollars that GNL makes is spent on payments to AR Global. [read post]
9 Feb 2016, 6:24 am
However, in addition to addressing the deficiencies the court found in the original rulemaking, the Commission has made other notable changes to reflect global developments in transparency for resource extraction payments, particularly in the European Union and Canada. [read post]
9 Feb 2016, 6:24 am
However, in addition to addressing the deficiencies the court found in the original rulemaking, the Commission has made other notable changes to reflect global developments in transparency for resource extraction payments, particularly in the European Union and Canada. [read post]
4 May 2020, 12:24 pm
The COVID-19 pandemic may speed up the global move towards digital-only payments. [read post]
11 Apr 2019, 6:09 am
Here’s what you need to know: Global investment in fintech companies hit $111.8B in 2018 (with 2,196 deals), more than doubling global fintech investment in 2017. [read post]
14 Dec 2007, 11:00 am
The World Bank, International Finance Corporation, and PriceWaterhouse Coopers have published Paying Taxes 2008: The Global Picture: "Paying Taxes 2008" offers data on total tax rates, payment frequency, and the time needed to comply with tax regulations in 178 economies.... [read post]
2 Mar 2023, 5:47 am
The proposed requirements are the result of earlier discussions by a joint task force established by the CPMI and the global industry Payments Market Practice Group and CPMI’s survey of payment system operators’ ISO 20022 adoption plans, conducted in late 2021. [read post]
3 Nov 2023, 6:00 am
Global payments are expected to rocket from $190tn in 2023 to a staggering $290tn by 2030, according to one study. [read post]
27 Jun 2013, 1:47 am
Corzine, and Former Employee Edith O’Brien for MF Global’s Unlawful Misuse of Nearly One Billion Dollars of Customer Funds and Related ViolationsSettlement of charges against MF Global, subject to court approval, directs payment of all funds still owed to commodity customers and imposes a $100 million penalty against the companyWashington, DC - The U.S. [read post]
29 Mar 2024, 6:00 am
Industry Developments SPOTLIGHT: Digital Wallets to Overtake Debit Cards in Stores: ReportPayments Dive – March 22, 2024 Digital wallet use in the U.S. is projected to overtake debit cards in transaction value for in-store payments by 2027, according to a Thursday report from merchant payments processor Worldpay. [read post]
10 Oct 2010, 8:04 pm
Global Competition Law Conference:Implementing Competition Law and Policy, Global Perspectives19 November 2010, New Delhi, India The recent adoption of competition law statutes in East and South Asia, culminating with the enactment of the Indian Competition Act and the Chinese Antimonopoly Law, mark a significant development to the global business community. [read post]
25 Aug 2023, 7:02 am
Morgan Global Head of Payments Takis Georgakopoulos in the release. . . . [read post]
11 Aug 2014, 11:32 pm
In 2008, Con-way Inc., a global freight forwarder, paid a $300,000 penalty for making hundreds of relatively small payments to Customs Officials in the Philippines. [read post]
16 Mar 2012, 5:50 am
As reported March 15 by Bloomberg, Giddens wants commodity customers who traded futures on foreign exchanges to receive payments about $50 million, while some $600 million is slated for customers who traded on U.S. exchanges. [read post]
