Indian ride-hailing startup Ola, which is backed by SoftBank Group, is planning to build a technology center in Silicon Valley — right near rival Uber. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million. According to a report from Nomura Instinet analyst Dan Dolev, the data also shows a slowdown in Venmo’s user acquisition. While year-over-year growth for...
Latvia’s parliament has passed new regulation to bolster the fight against money laundering and terrorism financing. 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...
Messaging app Telegram said on Thursday (June 13) that it was the victim of a DDOS cyberattack from China, according to a report by the Associated Press. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Facebook has been removed from a list of companies that are indexed by S&P Dow Jones Indices as socially responsible, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In a sign of Grab’s ambitions in the financial services space, the Singapore ride-hailing firm reportedly had discussions to acquire payments provider 2C2P Pte. Unnamed sources claim that the company was one of various possible bidders interested in the payments firm, Bloomberg reported. Get the Full...
Amid a slew of busted initial public offerings in the tech realm, with Uber and Lyft among them, and the specter of regulators looking into platform firms like Facebook and Google, a recent addition to the pantheon bears watching. Get the Full Story Complete the...
Cross-border digital payments specialist PPRO has acquired Latin American payments provider allpago, according to a release by the company. 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...
President Donald Trump told reporters that Apple CEO Tim Cook was at the White House on Thursday (June 13), according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...