Wirecard, the German payments firm, said Tuesday (Oct. 27) that it will buy the payments business of the Great Indian Retail Group, which is based in and serves southeast Asia through electronic payments and eCommerce. The purchase price is $254 million in cash and bank loans,...
Despite being worth over half-a-trillion dollars annually, remittances are an oddly invisible part of the payments ecosystem to most people — even those who otherwise know it quite well. We all might know that money may make the world go around, but what makes money...
The European Commission has been active on the venture capital front, having invested as much as $1.1 billion into VC funds throughout the Continent thus far in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Shares of formerly beleaguered eCommerce giant Alibaba Group Holding may be forming a bottom with some real support, according to Bloomberg. If that is true, then the stock could see continued momentum after logging a huge decline after going public not long ago. Get the...
Knowing the laws and regulations governing payments across the globe can be a complex affair fraught with errors – and businesses need to know the pitfalls before they make mistakes. That’s where Cambridge Link comes in, says the company’s COO.
Visa Checkout has expanded its footprint into another region. 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,...
Could it be that the much anticipated deal between Visa and Visa Europe may not be in the cards? 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...
In what could be regarded as one of Britain’s biggest online security breaches, British broadband provider TalkTalk confirmed the private payment and bank data of its 4 million customers may have been compromised through a cyberattack, Reuters reported late last week. Get the Full Story...
The Internet of Things revolution is underway — and China is leading the way. 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...