Ayala, the Philippines-based conglomerate, is raising money for a new capital fund that will invest in technology companies. 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...
FIS, Fiserv or Infosys will be tapped to provide the processing software for Robinhood’s upcoming mobile bank if it receives approval from the Office of the Comptroller of the Currency. Last week Robinhood, the company behind the free mobile trading app, filed an application to...
The European Commission announced Monday (April 29) that commitments made by Mastercard and Visa to reduce interchange fees are legally binding under European Union antitrust rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amid launches in Middle East, India and North Africa in recent times, Spotify Technology SA reached a milestone 100 million paid subscribers for the music streaming company’s premium offering. The news sent the company’s shares rising 5 percent, Reuters reported. Get the Full Story Complete the...
There is a famous story in political history about the Kennedy/Nixon debate of 1960 wherein makeup may have well changed the course of world history. For the first debate to be nationally televised, John F. Kennedy willingly put on makeup to be on camera. Richard...
With the help of mobile order-ahead technology, diners can make their selections at quick-service restaurants (QSRs) before stepping into a physical location. These apps, however, provide benefits beyond convenience to consumers: They can also allow diners who frequent a particular restaurant chain to participate in...
To help parents buy affordable children’s clothing without committing to a subscription or hunting for bargains, eCommerce innovators are offering style boxes of nearly new kids’ apparel. Kids on 45th is just over a year into shipping “wardrobes of lightly used children’s clothing,” CEO and...
To compete with Airbnb along with other homesharing companies, Marriott International is reportedly starting a business for home shares. Unnamed sources claim the firm could soon debut details for the first phase of the plan, The Wall Street Journal reported. It was also reported that...
The hostel industry has rapidly grown since the first one opened in Altena, Germany in 1912. The market now serves millions of international travelers and is worth $5.5 billion. Dozens of sites and services enable customers to book stays online in their local currencies, making...
