TSYS has signed a multi-year agreement with Sony Finance International, a subsidiary of Sony, to process its newly introduced credit card program. Sony Finance will issue the credit card, which offers cardholders the ability to settle their credit card bill in either dollars or yen, at Sony Bank. If a transaction is made while the cardholder is outside of Japan, the amount will be charged in dollars, while a transaction made in Japan would be charged in yen.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.