international-payments
Top StoriesSoccer-Ronaldo Breaks Record as Portugal up and Running With Ghana Win
Top StoriesAustralia to Investigate Reports Pilots Trained Chinese Military – Minister
Top StoriesLuxury Yacht Owned by Sanctioned Russian Oligarch Docked in Hong Kong
Top StoriesPope Implicitly Accuses Russia of Aggression, Imperialism in Ukraine
France’s Engie to Pay Russia’s Gazprom in Euros This Month
Date: May 17, 2022
By Anait Miridzhanian and Benjamin Mallet (Reuters) -French power company Engie said on Tuesday it would make the next payment to Russian gas producer Gazprom in euros before the end of the month as both companies have agreed on a solution in line with European sanctions. CEO Catherine MacGregor told a call with analysts that...
Russia Takes Steps to Punish Google Over YouTube ‘fakes’
Date: April 7, 2022
(Reuters) – Russia’s communications watchdog said on Thursday it was taking steps to punish Google, including a ban on advertising the platform and its information services, for violating Russian law. The measures will apply to Google Search, the Google Play app store, YouTube, YouTube Music, Google Chat and Gmail. Roskomnadzor accused Google’s YouTube video-sharing platform,...
International SMBs Are Switching Off From Banks – to Keep Them Loyal, Banks Should Seek Partners
Date: April 4, 2022
By Steve Naudé, Head of Product, Wise Platform Banks have many different customers – from everyday people to big corporate behemoths. But there are few that they talk about with more love than small businesses. It seems as if every other marketing campaign caters to this audience – rightly so, small businesses are the main drivers...
Banks Are Losing Their Market Share on Large Amount Money Transfers
Date: March 31, 2022
For a very long time, the big banks seemed almost untouchable. They towered monolithically holding the monopoly on pretty much all things finance, ranging from credit cards, to high volume money transfers, to international payments. But the times they are-a-changing and steadily but surely, a whole host of innovative companies are now chipping away at...
Exclusive-ECB Ready to Set up Money Exchange for Ukrainian Refugees With EU Guarantee
Date: March 29, 2022
By Jan Strupczewski BRUSSELS (Reuters) – The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency into euros if the EU gives the ECB a guarantee that would cover the bank’s risk, an ECB document showed. Almost 4 million Ukrainians have fled the Russian invasion...
Switzerland Adopts New EU Sanctions on Russia
Date: March 4, 2022
ZURICH (Reuters) – The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two. In a sharp deviation from its traditional neutrality, Switzerland moved on Monday to...