News for '-global-payment-service-providers'

Amex gets nod for $3.39 bn US govt package

On November 10, the US Federal Reserve had approved the application of credit card major to become a bank holding company and the change in status facilitated American Express to explore various government funding and lending programmes. In return to the said loan, American Express will issue and sell preferred stock of about $3.39 billion and warrants to purchase shares of common stock for up to 15 per cent of that amount to the Treasury.

Visa, MasterCard push for EMV tech

All about wire transfers to and from India

Exchange rates play an important factor in international fund transfers