Add “social credit” to the list of factors that could influence the Chinese economy — and, perhaps, consumer activity in other parts of the world. By now you’ve likely read the reports: Millions of Chinese consumers denied flights, train trips and other access to normal...
July 21, 2023
Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made by the government to cut fees charged by financial firms on electronic transactions worth up to 30 euros ($33.6) for smaller businesses. The decision, which was negotiated by retailers, banks […]
