Octopus, a smart card operator in Hong Kong, is introducing transit cards for public transportation users in more than 300 Chinese cities, the South China Morning Post (SCMP) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The “over the top” U.K. buy now, pay later (BNPL) startup Zilch has raised $80 million in funding, bringing its value to more than $500 million as it prepares to expand to the U.S. Get the Full Story Complete the form to unlock this article...
The Chinese delivery leader Meituan is aiming to raise roughly $10 billion to compete with companies like Alibaba. According to Bloomberg, Meituan is looking to raise this revenue by selling stock and convertible bonds, the largest-ever sale of new shares by a company listed on...
When Microsoft spends $19.7 billion on a company whose specialties included voice recognition and artificial intelligence (AI) as part of its health sector strategy, you know that AI in the medical field is here to stay. It only makes sense, then, that regulations regarding the...
The Bank of England is setting up a task force focused on exploring the design and launch of a digital version of the pound. As reported by The Guardian, the Chancellor of the Exchequer Rishi Sunak announced the formation of a task force on Monday...
Proving that customers are who they claim to be is one of the big challenges for payments providers as eCommerce sales surge. To “advance its identity verification efforts,” Mastercard will acquire identity verification firm Ekata for $850 million, the company announced in a Monday (April 19) press...
“When you are finished changing, you are finished,” founding father Benjamin Franklin said long before being immortalized on the $100 bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Bed Bath & Beyond has rolled out the second of eight owned brands that it plans to debut or revamp in fiscal 2021. Haven, a collection of bath essentials, is available exclusively at the retailer beginning on Monday (April 19), according to a company announcement....
The iconic motorcycle manufacturer Harley-Davidson said on Monday (April 19) that strong retail demand, reduced dealer inventories and fewer loan write-offs drove better-than-expected first-quarter results, as well as an increased forecast for the year. Get the Full Story Complete the form to unlock this article...
