Global Processing Services adds $100M to its coffers to grow its embedded finance and API payments platform

Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other financial technology, and a much bigger group tapping that technology through APIs to build customer-facing businesses. Today, one of the bigger players on the core technology side — Global Processing Services — […]

Outcry as Hong Kong University memorial to Tiananmen Square victims is removed

Site of the Pillar of Shame at the city’s oldest university is under guard after workmen dismantled statueHong Kong’s oldest university has removed a statue mourning those killed in Beijing’s Tiananmen Square in 1989 and posted guards at the site where…

Asia’s factory workers at the sharp end of the west’s supply chain crisis

Migrant workers ate and slept in factories swarming with Covid, sealed off from outside worldFor weeks, Hoang Thi Quynh* worked and slept inside a garment factory in Tien Giang province, in southern Vietnam. She would start her shift at 7.15am and then…