Indian payments startup Paytm has hired Alibaba’s head of wholesale business to steer its growth and build a stronger collaboration with the Chinese eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
For better or worse, China’s economy has assumed the nebulous mantle as the bellwether for the larger globalized economy. When things are good, investors can act off of China’s moves before they propagate to the rest of the world; when things are bad, they wring...
Stocks and commodities – especially energy – have jumped from lows seen not all that long ago. But caution would well serve those tempted to ride the wave of a dovish Fed and momentum that could suddenly be undone by larger concerns.
The London Stock Exchange Group has agreed to merge with Deutsche Börse, a deal that will take place in an all-stock transaction, the companies said on Wednesday (March 16). The merger would create a European equity listing powerhouse that would have global reach and would...
Western retailers are just now starting to see daylight at the end of a long winter of discounting discontent, and many standbys like Macy’s and JCPenney haven’t come out unscathed. It’s tempting to think that U.S. retail has had its eyes opened to the profoundly...
It took video games two decades to go from a brand new form of niche entertainment to a mainstream, multi-billion dollar global industry. Naturally, gamers have experienced a bewildering amount of change in that time. Controllers have gone from three or four buttons to dozens,...
The Royal Bank of Scotland is cutting costs by scaling back its in-person services and making a move towards using digital “robo-advisors,” resulting in the loss of about 550 jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The logistics affiliate of China’s eCommerce giant Alibaba completed its first funding round, the company announced Monday (March 14). 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...
As a region, Asia has seen $4.5 billion come into its financial startups from investors across a variety of stripes, which is quadruple the investment activity of a year ago, Reuters reported. That means the region is becoming a sweet spot for FinTech investment. Get...
