Controversial new rules by the Indian government could force Facebook, Twitter, TikTok and YouTube to reveal users’ identities, shattering anonymity for over 400 million people, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There is a debt crisis slowly but surely building in Cambodia that could see millions of people losing their homes and family farms — the result of microlending run amok amongst 15 percent of the population. And while the individual loans are small — relatively...
Walmart, it seems, has found itself drawn into a legal struggle between its recent acquisition Flipkart and GOQii — an Indian maker of smartwatchesque health devices — over pricing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Reports are emerging that the sage of Omaha, Warren Buffet, is in talks to pick up a stake in Paytm, India’s largest digital payment player. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...
In 2016, 95 percent of transactions in India were done in cash and there were approximately 60 million online shoppers, representing about 14 percent of the nation’s internet-using base, according to a late 2017 report by Morgan Stanley. Get the Full Story Complete the form to...
Payments via Facebook‘s WhatsApp are on the very brink of launching, according to recent reports. As early as next week, pay via WhatsApp might be up and ready to go for the whole of India, potentially putting the service in the hands of up to...
The SME segment in India has been a consistent bright spot and engine for growth over the last several years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...