In the 34th AGM of Reliance Industries, Indian billionaire Mukesh Ambani announced the strategic plans of his company’s newly listed financial arm - Jio Financial Services (JFS).
Apple Card’s high-yield savings account has seen over $10 billion in customer deposits since its launch in April, but banking partner Goldman Sachs allegedly wants to walk away from the arrangement, as it reduces the consumer-facing side of its business.
In the 34th AGM of Reliance Industries, Indian billionaire Mukesh Ambani announced the strategic plans of his company’s newly listed financial arm - Jio Financial Services (JFS).
Apple Card’s high-yield savings account has seen over $10 billion in customer deposits since its launch in April, but banking partner Goldman Sachs allegedly wants to walk away from the arrangement, as it reduces the consumer-facing side of its business.
This week the U.S. Federal Reserve finally launched its long-awaited instant payments solution. Meanwhile, the South Korean central bank published a report outlining an important upgrade to the country’s longstanding instant payments solution.
WeChat Pay users can now pay with their palms at the Beijing subway. The biometric payment mechanism will soon be rolled out to other locations, but privacy concerns might setback its adoption
The Russian payment system is going through bad times. Not only have foreign banks stopped accepting Mir cards, but hackers are also trying to ruin its work in Russia as well.
