Dutch electric bicycle manufacturer VanMoof is again selling bicycles via its own website. Customers can choose from the S5 and A5 models, the company's latest generation of bicycles. CEO Eliott Wertheimer speaks of "a huge milestone."
India has deferred approval of Paytm's Rs 50 crore ($6 million) investment in its Paytm Payment Services arm in part due to concerns about a Chinese shareholding in the parent company, according to three government officials and a document seen by Reuters. One 97 Communications, popularly known as Paytm, is already under the scrutiny of India's banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated...
Paytm Payments Bank managing director and chief executive officer Surinder Chawla has resigned from the company, One 97 Communications, an associate entity of the bank and holding company of Paytm, informed the stock exchanges on Tuesday.The development comes almost a month after Paytm Payments Bank Ltd (PPBL) stopped basic banking services under the instructions from the Reserve Bank of India.One 97 Communications has also informed the exchanges that all relations with PPBL have been snapped by...
BofA is among the large lenders, including rival JPMorgan, that are weighing the potential for the U.S. Federal Reserve to cut interest rates this year. The move could crimp banks' income from interest payments, but could potentially spur economy activity and borrower demand. BofA's net interest income (NII) -- the difference between what it earns on loans and pays for deposits -- slid 3% to $14 billion in the quarter due to higher deposit costs and modest loan growth.
StockNews.com lowered shares of National Bank (NYSE:NBHC – Free Report) from a hold rating to a sell rating in a research report sent to investors on Friday. A number of other brokerages also recently weighed in on NBHC. Piper Sandler lifted their price target on National Bank from $40.00 to $41.00 and gave the company […]
Oliver Dowden says Israel's war is "legitimate", but the UK has specific concerns about the country's conduct.
One97 communications, parent to Paytm, said it has “started transitioning ‘@paytm’ handles to the new Payment System Provider (PSP) banks.
Sanchez has previously said his country plans to extend recognition to the Palestinians by July.
Pedro Sánchez is first foreign premier Simon Harris will meet since becoming leaderThe new Irish taoiseach is to meet the Spanish prime minister to discuss their joint plan to recognise Palestine as a nation state and their attempts to force the EU to assess Israel’s human rights obligations as a condition of their trade deal with the bloc.Pedro Sánchez, who is due to arrive in Dublin on Friday, is the first foreign premier Simon Harris will meet since his promotion to the office of the...
Verituity has teamed up with Mastercard to enable near-real-time payments for commercial banks and payers. This collaboration sees Verituity’s white-labeled payments platform integrating Mastercard’s portfolio of domestic and international money transfer solutions, Mastercard Move, the companies said in a Thursday (April 11) press release. “We’re thrilled to join forces with Mastercard to bring more banks into the secure disbursement […]
A court in Thailand began a trial Tuesday of the son of Spanish actors accused of killing and dismembering a Colombian surgeon on a popular tourist island.
Some analysts are projecting that banks may incentivise their shareholders with jumbo dividend payouts ahead of their capital-raising endeavours to meet the new requirements of the Central Bank of Nigeria. In March, Nigeria’s apex bank issued a circular, announcing the review of the capital requirements for the operations of commercial, merchant and non-interest banks and Read More