G7, the cab company in Europe, is expanding how many payments its French taxi drivers can accept to enhance the travel experience for visitors. Partnering with Alipay+, a suite of cross-border mobile payments and digitalization technology solutions, visitors can now pay for taxis directly using one of 15 international e-wallets. International passengers, especially those from […]
Gold advanced towards record highs on Wednesday as gains in non-yielding bullion were bolstered by weakness in U.S. bond yields and expected rate cuts by major central banks, with additional safe-haven support from ongoing geopolitical conflicts. Spot gold rose about 0.6% to $2,676.03 per ounce, inching close to a record high of $2,685.42 it hit […]
China will expand its “whitelist” of real estate projects and speed up bank lending for these unfinished developments to 4 trillion yuan ($561.8 billion) by the end of the year, the country’s housing ministry said Thursday. Ni Hong, China’s minister of housing and urban-rural development, made the announcement at a press conference, alongside officials from […]
The digital payments market in Israel is on the verge of a significant transformation, with major changes expected to take effect in the coming year. New and refreshing payment options will allow consumers to pay quickly and easily, saving both time and money. V-Check, a leading Israeli fintech company headed by CEO Kobi Ram, is […]
United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong results for the last three months of the year. United expects to earn an adjusted $2.50 to $3.00 a share in the fourth quarter, compared to $2.00 a […]
LONDON — Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday, ramping up market expectations for a Bank of England rate cut in November. Economists polled by Reuters had expected the headline rate to come in at a higher 1.9% for the month, in the first dip […]
Smart Money People, the UK’s comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations. Smart Money People says it is launching the working group having recognised that, despite the implementation of the FCA‘s Consumer Duty over a year ago, 81 per cent of customers say […]
G7, the cab company in Europe, is expanding how many payments its French taxi drivers can accept to enhance the travel experience for visitors. Partnering with Alipay+, a suite of cross-border mobile payments and digitalization technology solutions, visitors can now pay for taxis directly using one of 15 international e-wallets. International passengers, especially those from […]
Boeing (BA) will send 60-day notices in mid-November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday. The Worker Adjustment and Retraining Notifications, which give workers 60 days notice prior to ending […]
Rerail is the pet project of formmer Anthemis, Speedinvest and Cocoa alum Anthony Danon. The new fund, which is backed by an array of founders and operators, will invest $200-500k at pre-seed/seed into entrepreneurs looking to utilize fintech as a strategic advantage, with a skew to Europe, but also with an eye on global opportunities. […]
Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner’s dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump’s on-paper net worth. The recent DJT surge came as multiple online election betting markets appeared to show betting odds shifting in Trump’s favor, after weeks of tilting toward the Democratic nominee, Vice President Kamala […]
Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport. Set for tests in a number of European markets, Mastercard’s Identity Attribute Verification service leverages new industry standards set by […]
