Welcome to The Axis, your late look at payments news from around the world. Coverage includes the acceptance of smartphone payments for transportation in Australia. Finserve is looking to grow WeChat Pay’s and Alipay’s presence in Africa, Taiwan’s FamilyMart unveiled a “My Famipay” cashless payment app,...
A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “payday lending rule” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and...
And so a tech giant gets into the credit card game. 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 newsletter, PYMNTS Today. By completing...
After posting better-than-expected fourth-quarter earnings results, commercial payments firm WEX announced plans to acquire the fuel card assets of EG Group, Go Fuel Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Yunji, the Chinese eCommerce company that has a link to WeChat, the popular China-based messaging app, is raising as much as $200 million via a initial public offering in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
InfinityAR, the Israeli mixed reality platform company, announced Monday (March 25) that it’s being acquired by Alibaba’s Israel Machine Vision Laboratory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in the run-up to an IPO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Venmo, the digital money transfer company owned by PayPal, is going after consumers who have a negative balance in their accounts. According to a report in The Wall Street Journal, citing customer service emails reviewed by the paper, Venmo is threatening to involve debt collectors to...
Twitch, the streaming gaming platform, has reportedly dumped cryptocurrency as a payment method. 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 newsletter, PYMNTS Today....
