Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly demand convenient, rapid money transfer services — especially the many workers who regularly send money overseas to their families. Payment...
K-eCommerce has announced the launch of two new cloud-based payment solutions: Payment Extension and Payment Portal. 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...
Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As the global digital economy grows, and consumers buy more items from their mobile and other web-connected devices, a problem grows along with that. We are talking about the rise of counterfeit goods. Get the Full Story Complete the form to unlock this article and...
The French payment processor Lemon Way has announced a near-$28 million (€25 million) investment round by the multi-asset fund management firm Toscafund, Aithority reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Nestlé said it is going to return $20.2 billion to its shareholders over the next three years as it continues a turnaround to become more profitable and focus on its businesses that work. Get the Full Story Complete the form to unlock this article and...
In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit. And Apple Pay is reportedly being investigated by the European Commission....
An Android video app called Snaptube has been taking unauthorized premium purchases from its users and generating fraudulent ad clicks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Galileo, a FinTech whose APIs help run companies like Chime, Robinhood, Monzo, Revolut, TransferWise and Varo, has announced a $77 million Series A funding round led by Accel, with participation from Ryan Smith, the CEO of Qualtrics. Get the Full Story Complete the form to...
