Brazil Central Bank Authorizes Tests of Facebook's WhatsApp Pay
Brazil’s central bank has authorized testing of payments via Facebook Inc’s messaging service WhatsApp in the country easing an outright ban on the service imposed last month.
Coronavirus Brings Asia's Booming Online Lending Sector to Juddering Halt
The UK-based company shuttered its India business on 13 April as 10 out of 14 lending partners withdrew their products within three days of the launch of a nationwide lockdown.
More U.S. Banks, Credit Unions Given Remittance Fee Exemptions
More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re
Fintech Startup Robinhood Raises Fresh Funds at $8.3 Billion Valuation
Fintech startups have been attracting a flood of investments since last year and the pandemic is accelerating the trend as more customers look to pay without contact.
Mexican Startup Credijusto Raises $100 Million, Seeks to Boost Loans Amid Coronavirus
Mexican fintech startup Credijusto has raised $100 million in debt from Credit Suisse Group, a move that will help it extend more loans to small and mid-sized businesses as banks gauge how to respond to the impact of coronavirus.