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Visa, Mastercard Suspend Operations in Russia Over Ukraine Invasion

U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with clients and partners to cease all transactions there. Within days, all transactions initiated with Visa cards issued in Russia will no longer work outside of the country […]

Russia-Ukraine Invasion Clouts South Africa’s Economic Growth

The escalating Russian-Ukrainian tension has reached new limits, with war on the horizons reaching across the globe as the invasion has directly affected South Africa’s economic growth and recovery. While the war escalates, South Africa’s economic growth is slowed down. The Financial and Fiscal Commission (FFC) released a presentation warning of the collateral damage that could […]

Dubai to Attract Tech Talent with the DIFC’s AI and Coding License

The United Arab Emirates (UAE) Artificial Intelligence Office and Dubai International Financial Center (DIFC) officially initiated its Artificial Intelligence (AI) and coding license to appeal to a global new wave of technology firms and coders.  The license will give companies obtaining it the ability to work with the DIFC Innovation Hub, in addition to representing an estimate […]

Taiwan to Follow SWIFT Move, Sends Medical Aid to Ukraine

Taiwan will join moves to block some Russian banks from the SWIFT international payments system and has sent humanitarian aid to Ukraine to show support for the international “democratic camp”, the government said on Tuesday. Taiwan has joined with Western-led allies in putting sanctions on Russia for its invasion of Ukraine, and expressed cross-party sympathy […]

Telcos Allow Free Calls to Ukraine, Waive Roaming Charges

From Deutsche Telekom to AT&T to Vodafone, more than a dozen telecoms providers on both sides of the Atlantic are either providing free international calls to Ukraine or are scrapping roaming charges with the country. European telecoms lobbying group ETNO said an internal survey showed at least 13 of its members have taken measures to […]

N.Korea Says It Conducted Test for Developing Reconnaissance Satellite

North Korea said a test conducted on Sunday was for the development of a reconnaissance satellite system, state news agency KCNA reported on Monday, a day after a missile launch was detected from the country. KCNA’s report did not elaborate on what type of rocket had been used in the test, but authorities in South […]

Telecoms Partners Launch World-leading eSIM-only Service: Mobilise’s Software and OV’s Infrastructure Make the Perfect Pair

eSIM as a Service provider Mobilise has partnered with communications solution provider OV to deliver a world leading embedded SIM (eSIM) only offering to a global customer base. OV, which is a division of mobile network operator (MNO) Manx Telecom, has developed its eSIM product for the traveler segment, with the aim of disrupting current industry standards and […]

Airline Industry Shifts Attention to Russia Risks after Ukraine Airspace Closed

The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, a popular refueling hub for long-haul flights when Western airlines were unable to access Russian […]