China’s burgeoning economy and newly minted middle class promise lucrative profits for tech companies capable of breaking into the country, but a political challenge could throw a wrench into the plans of companies like Facebook and Apple. Get the Full Story Complete the form to...
In fragmented industries, opportunity comes with innovation. That’s especially true in the remittance arena, which is marked by a relatively slow, paper-based way of moving money around. But that’s changing. Eric Barbier, who is the founder and chief executive officer of TransferTo, which bills itself...
French payments company Ingenico has the financing ready to support its bid for U.K.-based Worldpay, a European leader in payments processing, a source close to the deal told Reuters yesterday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy...
Douglas Flint, the chairman of HSBC, warned that tech industry regulators in China and in other nations have started to examine the possibility of regulating companies that provide financial services alongside technology, Financial Times reported Thursday (Sept. 17). Get the Full Story Complete the form...
Never a dull moment at U.K. payments firm Worldpay. After a summer of courting by private equity and its various rivals — notably Germany’s Wirecard and France’s Ingenico — Worldpay looks like it instead might just be going again on its own (walking down the only...
POS player Lightspeed has raised $61 million in funding to help the company grow its platform aimed at retailers and restaurants operating around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Commerce-as-a-Service player Digital River has signed a payments deal with Chinese travel company Ctrip, the duo said in a press release on Wednesday (Sept. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
POS player Lightspeed has raised $61 million in funding to help the company grow its platform aimed at retailers and restaurants operating around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The logistics affiliate of Alibaba, Cainiao, is working with the United States Postal Service to help accelerate delivery speeds for merchandise ordered by U.S. consumers via the Chinese eCommerce giant’s online shopping sites. Get the Full Story Complete the form to unlock this article and...
