Welcome to The Axis, your late look at payments news from around the world. Coverage includes India’s Financial Software and Systems (FSS) investment in South African payment processor Ecentric Payment Systems. In addition, African challenger bank Vista Group has selected banking software company Temenos to...
Chinese courier STO Express has sold a stake to Alibaba, China’s largest eCommerce player. 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...
Mofang Apartment, the Chinese startup that provides institutional rental apartments, has raised $150 million in venture funding. 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...
NatWest, the U.K. bank, is kicking off a test in which customers can use biometric fingerprint technology for card 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....
CULedger, a credit union service organization, has inked a partnership with IBM to create blockchain services geared toward credit unions. 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...
In the land of tech-heavy IPOs and newly minted Silicon Valley millionaires, might the stars align for a marquee name in … jeans? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Raki Phillips was tired of cupcakes. 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 this form, you agree to...
With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. increased by 0.2 percent in January. At the same time, however, it was noted that retail sales fell by 1.6 percent in December compared to the 1.2 percent that was...
In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. These systems can provide restaurants with the ability to check their inventories or update their menus, for example. But interest in this...