U.K.'s Wise PLC to Join the New Payments Platform in Australia

U.K.’s Wise PLC to Join the New Payments Platform in Australia

SYDNEY (Reuters) – Wise PLC will shake hands with the Australian Payments Network that will allow transfers to take less time within the country at much lower costs as expected, according to Chief Executive Officer Kristo Karmann on Friday. Karmann said that this step would make the organization a direct shareholder in Australia’s New Payments … Read More

Factbox - China Crackdown Wipes Hundreds of Billions off Top Companies Values

Factbox – China Crackdown Wipes Hundreds of Billions off Top Companies Values

WUZHEN, China (Reuters) – China crackdown by the authorities pledged for Beijing’s “common support” movement and to help the companies with the support of Chinese Technology Executives. In a conference organized by China’s best internet regulator, Daniel Zhang, CEO of Alibaba Group, who is a prime target of the broad crackdown, said that the company’s … Read More

Crypto Part of 'Multigenerational Change,' - Need to Get the Regulation Right: Ex-CFTC Chair.

Crypto Part of ‘Multigenerational Change,’ – Need to Get the Regulation Right: Ex-CFTC Chair.

According to the former head of Commodities Futures and Trading Commission, Crypto currencies can flourish in the next-gen of innovation that will be great for economic development. The U.S. economic development and productivity were stable before COVID-19 that left a good effect on the wages for trades. The lockdown situation had caused a great hit … Read More