Tinkoff Group, the leading online provider of financial and lifestyle services, has announced its acquisition of a majority stake in Beskontakt LLC, the developer of Koshelek digital wallet, an aggregator of banking cards and retail loyalty programs.
27 Apr 2021
The customs agency for Beijing released data on Monday that showed trade with the United States increasing by 133.4 percent in the first quarter of 2021 to reach $12.5 billion.
Total trade for the city with all partners was up by 8.8 percent from the pandemic year of 2020, and 1.9 percent higher than pre-pandemic totals in 2019.
China’s state-run
Global Timescited the figures as evidence “Beijing’s international trade has become stable” after the pandemic.
Growth was especially strong in medical goods, agricultural products, imports of iron ore for China’s heavy industry, and even exported cell phones – a business widely expected to suffer overall due to U.S. bans on China’s telecom giant Huawei over security concerns. According to the
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Atome teams with Fomo Pay to expand BNPL acceptance across Asia 5 hours ago
Source: Fomo Pay FOMO Pay, a leading payment solution provider in Asia, is today announcing a partnership with Atome that will expand seamless buy now pay later acceptance across thousands of online and offline retail businesses in Singapore and across Asia. FOMO Pay is headquartered in Singapore and its one-stop payment solution for merchants serves a wide range of industries from retail, telecom, tourism and hospitality, F&B, education and publishing sectors. Key clients include Singapore Press Holdings, Marina Bay Sands, StarHub, Changi Airport, Resorts World Sentosa, Singapore Airlines JUMBO group and 6IXTY8IGHT. With FOMO Pay, merchants allow customers to easily pay via a range of digital, cashless payment o
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DBS, Temasek and JPMorgan set up DLT-based payments joint venture 3 hours ago
6 DBS, Temasek and JPMorgan have set up a joint venture company that will use distributed ledger technology to challenge the cumbersome hub-and-spoke model applied to traditional cross-border payment flow. The new ventures, dubbed Partior, has it roots in project Ubin, a blockchain-based protytpe for multi-currency payments developed by the Monetary Authority of Singapore in partnership with JPMorgan and Temasek.
In July, MAS completed a fifth and final phase of testing of the platform through workshops conducted with more than 40 financial and non-financial firms.
Two years after it came into effect, Vietnam posted improved exports to many CPTPP member countries in the region. File Photo
HANOI (Vietnam News/ANN): Two years after it came into effect, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has helped Vietnam boost its exports and open the door to trade in the Americas, Deputy Minister of Industry and Trade Đỗ Thắng Hải told a seminar in Hanoi on Tuesday (April 27).
With the theme CPTPP - Opportunities for Vietnam s Exports to American Markets , the deputy minister told the gathering that economic and trade ties between Vietnam and the Americas have grown robustly in recent years.