Chinese smartphone maker Xiaomi is expanding its sales channels in India beyond Flipkart to include Snapdeal and Amazon India, along with Indian brick-and-mortar retailers for the first time, TechCrunch reported on Tuesday (April 7). Get the Full Story Complete the form to unlock this article...
Bank-owned fraud prevention provider Early Warning will acquire mobile authentication vendor Authentify, the companies announced on Tuesday (April 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Microsoft has officially entered the world of payments. The Windows software giant has received its first money transmitter license from the state of Idaho’s Department of Finance, USA Today reported on Monday (April 6). Get the Full Story Complete the form to unlock this article...
Apple Pay is violating the Dodd-Frank Act’s Durbin amendment, retailer groups say — at least the way Apple’s mobile payments system is currently implemented — and the groups are calling on Apple, Visa and MasterCard to meet the requirements of the law, American Banker reported...
Uber filed a complaint against Spain with European Union regulators this week, charging that the country violated E.U. laws by banning some of Uber’s services, The Wall Street Journal reported on Wednesday (April 1). Get the Full Story Complete the form to unlock this article...
App revenue per device will grow by 2.5 times by 2018, with freemium apps and in-app advertising driving most of the growth, a new report from App Annie and IDC is projecting. Get the Full Story Complete the form to unlock this article and enjoy...
With the Oct. 1 EMV liability shift just six months away, banks and payment-card brands are beginning to get nervous about the slow uptake of EMV point-of-sale systems by smaller businesses. Part of the problem is complexity — small merchants don’t have IT departments, and...
The U.S. Food and Drug Administration is re-emphasizing that it will give plenty of regulatory leeway to health apps for the Apple Watch and other wearable devices, after the agency issued new guidelines last month, Bloomberg News reported. Get the Full Story Complete the form...
Alibaba’s money market fund Yu’ebao has added more than 140 million users in the past year and reversed a brief slide in the amount of money it manages, according to Tech in Asia. Get the Full Story Complete the form to unlock this article and...
