Chinese payment-related stocks jumped on Monday as investors wagered that kicking banks out of the SWIFT system would benefit China's own cross-border payment system, CIPS
SWIFT sanctions against Russia seen as an event that will curb use of the dollar. Shares of payment firms such as Newland Digital Tech, Lakala Payment and Client Service rose strongly
Zip said on Monday it was offering 0.98 Zip shares for every Sezzle share, which represented a 22% premium to Sezzle’s closing price
The payments company's Australian stock leapt as much as 40%, the biggest gainer in a flat overall market
Alibaba Group reported its slowest-ever increase in quarterly revenue since going public in 2014, as tepid growth in its core e-commerce business and intensifying competition ate into sales
A central bank digital currency would be introduced in fiscal 2023, but Patra said India will proceed very gradually over several potential issues
M-DAQ said it would inject fresh capital to accelerate Wallex's business, which is expected to process about $11 billion worth of transactions this year
The list shines a light on markets that Washington says "engage in, facilitate, turn a blind eye to, or benefit from substantial piracy or counterfeiting".
In terms of international payments, excluding payments within the eurozone, the yuan ranked fifth with 2.29% in January 2022
The bank expects revenue to grow an extra 3% per year as it benefits from rising interest rates as policymakers look to turn off years of cheap funding
The Financial Conduct Authority sought to ban Binance entirely in June of 2021, but now says it lacks to authority to enforce the ban.