India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant, The New York Times (NYT) reported, citing a source. The deal values Paytm’s parent company, One97 Communications, at $16...
British scientist and World Wide Web (WWW) creator Tim Berners-Lee has designed a strategy to save the internet from corruption and falsehoods, The Guardian reported on Sunday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. Consumers, after all, tend to trust their financial institutions (FIs) to safeguard their money – and the...
GoExpedi, an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
International payments and money transfer service CurrencyFair has announced Friday (Nov. 22) the launch of its new cross-border collections solution for marketplaces, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As traditional mall merchants go under, online brands are expanding into brick-and-mortar, the New York Post reported Saturday (Nov. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Customers at a popular Indian cafe chain are unhappy that the company is using facial recognition software to bill its customers, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Cross-border payments processing company Veem announced Friday (Nov. 22) that it is offering locked exchange rates for foreign exchange payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
