Lending Club and the Alibaba group are partnering to help American companies buy parts from Chinese manufacturers. The team-up will give manufactures in the U.S. access to products and supplies sold on Alibaba.com, while Lending Club will help those business secure loans for as little...
Last week was a tense one for Alibaba and the regulators, but it appears the controversy between the Chinese e-commerce giant and China’s State Administration of Industry and Commerce has come to an end — at least for the time being, according to The Business...
United States business groups are calling upon China to postpone the implementation of new regulations that some are saying could be a “backdoor” for espionage and hacking by the Chinese government, according to an industry trade letter attained by the BBC. Get the Full Story...
Visa is already looking beyond Apple Pay. The world’s largest payment-card brand announced on Thursday (Jan. 29) that it beat analysts’ expectations, isn’t planning layoffs and will do a 4-for-1 stock split in March. But Visa is also pushing the tokenization that lies at the...
To offset the effect of the sinking ruble, Russian consumers have been buying — and business is good. 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...
Even though global consumer confidence has been on an upswing since late 2012, Nielsen reported on Jan. 28 that the global consumer index — the indicator that projects consumer spending — dipped slightly to 96 in Q4 of 2014 from the quarter prior, though this...
It appears that PayPal is no kind of pal to a lot of users in China. 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...
Bitcoin’s economics are inherently flawed and it isn’t mature enough for mass adoption, according to Greg Baxter, Citi’s head of digital strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Barely 24 hours after Apple announced the biggest quarterly profit in history, smartphone rival Samsung Electronics reported that its own quarterly earnings fell 27 percent in Q4, and it now sells just about as many smartphones as Apple. Get the Full Story Complete the form...
