Indian eCommerce company Snapdeal is reportedly in talks to buy its rival ShopClues in an all-stock deal. Sources said the due diligence process has already begun, and the proposed transaction is likely to value ShopClues at $200 million t0 $250 million, according to DealStreetAsia. The...
Two senators have proposed new legislation that would allocate $2.2 billion toward federal research and development (R&D), and create a national artificial intelligence (AI) strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to the concept of working together for the greater good. As it turns out, “payments is a team sport,” at least in the view...
The customer journey in banking begins with offering a wealth of data when opening an account. As Jim Priestley, chief revenue officer at Feedzai, tells PYMNTS, mobile banking is changing financial services — so banks must change the ways they approach account openings, too.
After a blacklist by the United States, Chinese Telecom giant Huawei is considering creating its own operating system for its mobile phones and will also consider alternatives to Google’s Android, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...
An artificial intelligence (AI)-driven predictive sales startup called People.ai has raised $60 million in a funding round, and has attracted some of the biggest-name investors around, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy...
IBM has bid $34 billion for the software company Red Hat, but the deal is subject to approval by EU antitrust regulators, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the results of a ranking of cities and states in terms of digital payments adoption in India. Banking service Monese now offers Apple Pay through 13 countries in Europe, as...
German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
