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...In between the two sit the card networks, the rails that allow banks to communicate. The best-known and biggest are Visa and Mastercard. National networks exist too, like UnionPay in China....
...“There are things you can do to generate improvements in operational efficiency and customer service and, obviously, revenues.”...
...Ministers want to reduce the impact of the wave of summer strike action threatened across industries from rail and buses to teaching, as workers fight for higher pay amid a cost of living crisis....
...“There’s not Mastercard, Visa fees and any other kind of third-party rail,” he said, meaning that the stablecoin would allow PayPal users to send and receive money without high fees....
...The canal’s proponents argue it will be a faster and more cost-effective route than road or rail travel....
...Protesters showed up at the banks’ offices anyway to rail against fossil fuel lending. Extinction Rebellion demonstrated outside Citigroup’s headquarters in Tribeca in New York in late April....
...The purchase of the railroad operator will enable Canadian Pacific to launch the first rail network spanning Canada, the US and Mexico....
...But some core services already rely on crypto....
...Bridging the gap with rail The Hong Kong-Shenzhen Western Rail Link is a proposed cross-border service that will connect Hong Kong International Airport with Shenzhen’s Bao’an International Airport, along...
...A version of this article was first published by Nikkei Asia on January 24, 2023. ©2023 Nikkei Inc. All rights reserved....
...Fuel costs for BNSF, which has over 32,500 miles of rail tracks across 28 states, jumped more than 80 per cent year on year....
..., the service fell over....
...Based on data from the Netherlands’ Nunner Logistics and shipping information service Drewry Supply Chain Advisors, the cost to send a shipping container to Shanghai on the usual rail route is now about...
...“We are the rails.”...
...“Importers don’t trust supply chains anymore,” explained Zvi Schreiber, chief executive of logistics booking service Freightos. “Retailers are not taking any risk....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Nearly 9 per cent of rail staff in the UK were absent due to illness or the need to self-isolate, the Rail Delivery Group said earlier this week....
...The crux of the allegations is a consumer issue: that customers overpaid for rail journeys thanks to the abuse of a dominant position by certain train companies....
...While some of the decisions were justified, the rail companies notoriously favoured large shippers or buyers with rebates while squeezing small farmers....
...“There may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods....
...Account-to-account payments, for example, operate on new payment rails — as opposed to the traditional card systems of Visa and Mastercard....
...A version of this article was first published by Nikkei Asia on May 13 2021. ©2021 Nikkei Inc. All rights reserved....
...About 60 per cent of all Shinkansen rail yards in Japan are located in flood-prone areas....
...Dylan Loh in Singapore and Gwen Robinson in Bangkok also contributed to this story A version of this article was first published by Nikkei Asia on March 2 2022. ©2022 Nikkei Inc....
...But it remains a stark reality that few newcomer payments companies outside China can claim to have developed large-scale alternative “rails” on which to route payments....
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