Chinese eCommerce giant Alibaba Group Holdings’ Ant Financial affiliate took a 20 percent stake in financial data provider Shanghai Suntime Information Technology, Reuters reported last week. The stake was amassed for a purchase price of $35 million, according to the newswire. Get the Full Story...
With a perfect stream of events — including an emerging middle class in several global economies, an aging but healthy population with both money and time on their hands to expend all of a sudden and a host of digital technologies that make travel extremely...
As the Summer Olympics quickly approach, all eyes are on the host city: Rio de Janeiro, Brazil. But is this emerging tech center ready to step up to the plate? In the latest installment of the PYMNTS’ Weekly Tech Center Roundup, we travel south to...
What Apple wants, Apple usually gets. Usually being the operative word here. 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 to our daily newsletter, PYMNTS Today. By...
There was a slight cheer for the progress of financial wellbeing or financial literacy in the Asia-Pacific markets, as MasterCard found that its literacy score went up by one point, coming in at 64. Conversely, developed economies and countries showed unchanged scores. Get the Full...
Mix together the growing emerging middle class from markets like China, Russia and Brazil, an aging but healthy population with money to spend and time on their hands, and digital technology that makes it easy for people to discover new places, and you’ve got the...
For millions of underbanked people around the world, health care can be a service that seems unattainable. But mobile technology is changing the picture across the globe. DaVincian Healthcare CEO Ted Waz sat down with PYMNTS to share the success of his company’s recent pilot...
The ultimate goal of cross-border commerce is to cross not just one but all borders and set up shops in every country possible. However, sometimes it’s not political issues or cultural roadblocks that keep merchants from realizing this dream; sometimes, like in Rakuten’s case, it’s...
The unicorn has transatlantic wings. 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...
