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Citigroup hit with record U.K. fine for incorrect reporting
The Bank of England fined Citi $57 million for failing to properly report capital and liquidity levels at its European investment bank and other global operations. ... Read full article
Can WhatsApp coin fix Facebook's payments trajectory?
Facebookâs payments ambitions have made banks wary for years, despite many false starts. But now it looks as if Facebook is pivoting to develop a remittance business, starting with a cryptocurrency project in India. ... Read full article
Breaking Banks: Fintech in Asia
Hong Kong and Singapore have long been economic crossroads. China and India are economies with vast populations. And Shenzhen is bursting with innovative creativity. All of these contribute to the Asian fintech market being far ahead in adoption and ... Read full article
Visa sees sharp benefits from India's cash crisis
India's sudden shakeup of its currency system last fall was an early holiday for digital payment companies, and Visa was no exception. ... Read full article