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Grab will issue virtual and physical prepaid cards through its app. Customers can top up their cards using cash through agents, drivers and merchants on the GrabPay platform, and will be able to use them at online and offline merchants that accept Mastercard. Six-year-old Grab, which made its start as a taxi-booking app, is transforming itself into a consumer technology group, offering services such as food and parcel deliveries, micro-loans and mobile payments in one of the world’s fastest-growing internet markets - home to some 640 million people.

The region with its large unbanked population has emerged has a financial services battleground for local companies such as 18k gold cufflinks with lapis lasuli inlay Grab, Sea Ltd (SE.N) and Indonesia’s Go-Jek, as well as foreign firms including Alibaba Group Holding Ltd (BABA.N) and Tencent Holdings Ltd (0700.HK), Cash remains the most common payment method in Southeast Asia, making the region challenging for e-commerce firms, “For the first time, these unbanked and under-banked users will be able to use virtual and physical cards to buy things online,” Reuben Lai, senior managing director, Grab Financial, told Reuters..

ROME (Reuters) - Italy’s anti-trust watchdog said on Wednesday it was fining Apple Inc (AAPL.O) and Samsung Electronics Co Ltd (005930.KS) 5 million euros ($5.7 million) each following complaints they used software updates to slow down their mobile phones. Apple was hit with an additional 5 million euro fine for failing to give clients clear information about how to maintain or eventually replace handset batteries. Italian consumer groups had complained that software updates for mobile phones reduced the functionality of the devices and were designed to push clients into buying new handsets.

The anti-trust body said in a statement that some Apple and Samsung firmware updates “had caused serious dysfunctions and reduced performance significantly, thereby accelerating the process of replacing them”, It added the two firms had not provided clients adequate 18k gold cufflinks with lapis lasuli inlay information about the impact of the new software “or any means of restoring the original functionality of the products”, Apple acknowledged last year that iPhone software had the effect of slowing down some phones with battery problems, but denied it had ever done anything to intentionally shorten the life of a product..

The firm apologized for its actions and cut battery replacement costs. It has also said it would change its software to show users whether their phone batteries were working well. Samsung’s software updates for its phones have not previously been questioned. But the Italian regulator said it acted on complaints about the Samsung Galaxy Note 4 released in September 2014. It found in a months-long review of customer service records and internal emails from Samsung that an Android operating system update released in 2016 was not optimized for the Galaxy Note 4. The update produced serious malfunctions, including unwanted automatic restarts, because it put too much stress on ageing Note 4 devices, the regulator concluded.

MEXICO CITY (Reuters) - Mexico this year rejected an offer by Brazilian construction firm Odebrecht SA [ODBES.UL] to pay $18 million and supply information related to graft cases, according to a document and a person with knowledge of the matter, the conglomerate’s latest attempt to move past a major regional corruption scandal, In exchange, the company had asked Mexico to lift fines 18k gold cufflinks with lapis lasuli inlay and sanctions that block it from participating in public tenders, and also to agree not to prosecute Odebrecht in the future..

The Brazilian company has been at the center of one of the world’s largest corruption scandals for paying billions of dollars in bribes across the region in exchange for public-works contracts. In Brazil, the far-reaching kickback investigation focusing on Odebrecht has led to prison terms for more than 130 politicians and corporate executives. The Mexican government has not brought criminal charges against Odebrecht for allegedly paying bribes for public-works contracts, but in actions beginning last December it fined Odebrecht for suspected corruption and barred it from participating in government tenders.

As part of a plea deal with U.S., Brazilian and Swiss prosecutors, Odebrecht and its petrochemicals unit, Braskem, admitted to bribing officials in 12 countries, mostly in Latin America, and agreed to pay $3.5 billion in fines in return for freedom from prosecution, Investigations are ongoing in Mexico, but the attorney 18k gold cufflinks with lapis lasuli inlay general’s office has said it has struggled to access key documents in Brazil, Brazilian prosecutors say they have been unable to share information because Mexican authorities have declined to promise they will not prosecute company officials based on the information..

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