China UnionPay, the country’s only payment card provider, is working on an Android payment app to join the Apple Pay implementation that UnionPay is expected to launch in early 2015, Reuters reported on Tuesday (Nov. 25). Get the Full Story Complete the form to unlock...
Although the fines and negative publicity of non-compliance for payments companies is well known, a new report from Thomas Reuters finds a laundry list of related—and far larger costs. Companies seeking to avoid additional government interference are finding non-compliance all but guarantees much more strict...
In the world of payments, casinos are highly-complex players, with an unusually high mix of cash and cross-border transactions. That’s one of the reasons federal investigators are probing Wynn Resorts for various money-laundering issues, according to a report in The Wall Street Journal. Get the...
Mobile restaurant search is taking over the world. New Delhi-based startup Zomato has raised another $60 million in funding for international expansion -- which may include reaching into the U.S. in 2015.
Several global retail chains—including Walmart, Metro and Carrefour—that were allowed to now sell only via B2B in India have instead been found to have repeatedly sold directly to consumers, in violation of foreign direct involvement (FDI) rules, according to a story in Cobrapost in India,...
PayPal is expanding its presence in Belgium, Telecompaper.com reported. 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,...
E-Commerce services firm Bigcommerce has emptied an investment shopping cart to the tune of $50 million, courtesy of SoftBank Capital, American Express Ventures, Telstra Ventures, Revolution Growth and General Catalyst, Recode reported. Get the Full Story Complete the form to unlock this article and enjoy...
In just about a week, Americans – fortified by turkey and stuffing, maxxed out on football and ready to flee the visiting relatives, will participate in one of the most famous of all holiday rituals: Black Friday shopping. Get the Full Story Complete the form...
In the late 90’s there was a popular bumper sticker “Think Globally, Act Locally,” that had all but disappeared by the mid-2000’s when their original owners bought Priuses, which successfully conveyed the same message without the risk to the paint that accompanies a bumper sticker....
