South East Asia

International
In Japan, An HR Conglomerate Uses Payments To Get A Foot In The Door
January 13, 2015

Small-business point-of-sale products can come from unexpected places — but from a Human Resources conglomerate based in Japan? That’s the improbably source for a rapidly growing POS product, according to Tech in Asia. Get the Full Story Complete the form to unlock this article and...

International
Alibaba’s Big Indian Bet
January 12, 2015

Chinese e-commerce giant Alibaba and its financial-services affiliate have agreed to invest $575 million to jointly in India’s One97 Communications Ltd.’s online-payment and marketplace businesses, sources familiar with the matter told The Wall Street Journal. Get the Full Story Complete the form to unlock this article...

International
China’s “Uber For Logistics” Lalamove Gets $10M To Expand
January 06, 2015

Lalamove, an Uber-like service for transporting goods across cities in China and southeast Asia, has raised $10 million to expand beyond the six cities where it already operates, TechCrunch reported on Monday (Jan. 5). Get the Full Story Complete the form to unlock this article...

Mobile
It’s Not A Movie, It’s Banking Malware
December 31, 2014

While the movie “The Interview” — the gross-out comedy that apparently triggered a massive cyberattack on Sony Pictures by North Korea — earned $15 million in its first weekend of online distribution, there’s been another “Interview”-related payday as well: A mobile app pretending to download the...

Mozido Acquires CorFire
December 18, 2014

America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...

Apple Pay
Adyen Raises Quarter-Of-A-Billion Dollars
December 16, 2014

Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. Get the Full Story Complete the form to unlock...

International
Korean Retailers Fear Dependency On Tokens
December 09, 2014

No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried, Business Korea reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Walmart China Resists Online Operations
December 09, 2014

Walmart’s China operations are running into internal resistance as the chain tries to embrace very Web- and mobile-friendly shoppers 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...

Tencent Responsible For 20 Percent Of Online Transactions During Q3
December 08, 2014

According to a new reports from iResearch, Tenpay, the payments arms of  Chinese web giant Tencent, had a 20 percent share of the online payments market as of Q3 2014. Their main rival Alipay, owned by Alibaba, still has a commanding lead of payments online in...