Ant Financial — parent firm of Alipay — is reportedly gearing up for a $5 billion equity funding round that could inflate its valuation all the way to $100 billion. Said fundraising would also bring the financial services company, which is still 1/3 owned by...
Who said the future is in the cards? Whoever it was clearly had not heard of the term “financial inclusion.” In Latin America, among others, the future of payments is neither in the cards nor in the cash — but in the digital payments ecosystem....
“People always say, ‘Think global, be local,’ but very few understand how big a challenge that is,” Flywire’s Head of Operations for Southeast Asia Andrew Ong told PYMNTS’ Karen Webster in a recent conversation about the opening of Flywire’s new, expanded Asia-Pacific (APAC) regional hub...
Western Union, the wire payments company, announced news on Monday (Jan. 29) of the launch of its Western Union Technology Engineering Centre (WUTEC), a new technology center that is located in India. Get the Full Story Complete the form to unlock this article and enjoy...
Money changing hands internationally is a process that carries with it all sorts of speed bumps, especially amid regulatory scrutiny. Payments can be made smoother and easier with the aid of APIs, as Cambridge Global Payments Chief Commercial Officer Amil Sawrup, tells PYMNTS Karen Webster...
Alipay is partnering with Israel Credit Cards (ICC, CAL) and OneBill to launch its payments service platform in Israel. 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...
JD.com, the second largest eCommerce company in China — second only to Alibaba — railed against the U.S. on Wednesday (Jan.24), arguing the stance of protectionism the government has embraced under Donald Trump will ultimately backfire. Get the Full Story Complete the form to unlock this article...
And the wild ride, of course, continues. 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...
Is India’s push for biometric IDs a bust? 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...