payments

Image for China automakers' price war, overcapacity hurt financesFinance

China automakers' price war, overcapacity hurt finances

Image for Bank of England fines Vocalink more than $16 million for compliance failureHeadlines

Bank of England fines vocalink more than $16 million for compliance failure

Image for Russian firms use netting, gold and crypto in transborder payments, watchdog chief tells PutinHeadlines

Russian firms use netting, gold and crypto in transborder payments, watchdog chief tells putin

Image for Belgian banks join European Payments Initiative to expand Wero wallet across EuropeFinance

Belgian banks join European payments initiative to expand wero wallet across Europe

Image for French fintech Qonto seeks banking license as it targets 2 million clients by 2030

French FinTech qonto seeks banking license as it targets 2 million clients by 2030

Date: July 3, 2025

(Reuters) -French fintech Qonto has applied for a banking license with France's banking regulator as it seeks to expand beyond payment services to offer lending, savings and investment products, it...

Image for J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half

J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half

Date: July 3, 2025

By Rashika Singh (Reuters) -J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimistic", as there was little...

Image for Spain adds Wizz Air to probe of budget airlines over cabin luggage fees

Spain adds wizz air to probe of budget airlines over cabin luggage fees

Date: July 3, 2025

MADRID (Reuters) -Spain's Ministry of Consumer Affairs said on Thursday it has launched an investigation into a sixth low-cost airline over practices such as charging for larger cabin bags. The...

Image for UK's Wise seeks to create national trust bank in US

UK's wise seeks to create national trust bank in US

Date: July 3, 2025

(Reuters) -Money transfer company Wise Plc has applied to be directly regulated by the U.S. Office of the Comptroller of the Currency (OCC) to create a national trust bank in the United States,...

Image for Soccer-England boss Wiegman says team well-prepared for sweltering Swiss heat

Soccer-England boss wiegman says team well-prepared for sweltering Swiss heat

Date: July 2, 2025

ZURICH (Reuters) -England manager Sarina Wiegman is confident her players will be well prepared for the Switzerland heatwave when they begin the defence of their Women's European Championship title...

Image for Sberbank CEO puzzled by Russia's push to create digital rouble

Sberbank CEO puzzled by russia's push to create digital rouble

Date: July 2, 2025

ST PETERSBURG, Russia (Reuters) -German Gref, CEO of Russia's dominant lender Sberbank, on Wednesday said he did not see any potential benefits to Russia's development of the digital rouble beyond the...