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MoneyGram partners with Federal Bank; tie-up aims to expand account deposit capabilities for millions
Business

MoneyGram partners with Federal Bank; tie-up aims to expand account deposit capabilities for millions

Federal Bank enjoys a market share of more than 15 percent of the remittance market in India, and the tie-up with MoneyGram is expected to provide a further boost to this business.

US and China brawl: Understanding why the two countries are close to a trade war
News & Analysis

US and China brawl: Understanding why the two countries are close to a trade war

Critics argue, though, that while Trump has picked the right fight, he has chosen the wrong weapon.

Alibaba's financial unit, Ant Financial to invest $200 million in South Korea's Kakao Pay
News & Analysis

Alibaba's financial unit, Ant Financial to invest $200 million in South Korea's Kakao Pay

Alibaba's payment affiliate Ant Financial will invest $200 million in a unit of South Korean messaging giant Kakao, the companies said Tuesday, the Chinese firm's latest step to expand its global reach.