News

B2B Payments
Australia Debates Ban On Electronic Interchange Fees
August 09, 2018

Interchange fees are a controversial topic in many markets around the world, but the debt is often focused on swipe fees charged for consumer payments. A new initiative gaining momentum in Australia would ban interchange fees altogether – and according to reports, the effort includes...

B2B Payments
Uncovering The Cyberattacker, Not Just The Cyberattack
August 09, 2018

Cybercrime is such a lucrative field that, if it were its own nation, it would have the thirteenth-largest GDP on the planet, according to Bromium researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
CPOs Struggle To Prove Themselves A Strategic Asset To The Enterprise
August 09, 2018

Chief procurement officers (CPO), like many members of the C-Suite, are embracing their evolving roles of greater strategic importance within the enterprise. But a new report from Advanced suggests the CPO may actually be evolving into a new title altogether: the Chief Value Officer. Get...

Cross-border Payments
Cross-Border Grabs Spotlight Amid SWIFT, Blockchain Headlines
August 09, 2018

Payments infrastructure news tends to be global in scope, as firms and stakeholders eye efficiency and speed in transacting in new and existing markets far-flung in nature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
letgo Lands $500M In New Capital From Naspers
August 09, 2018

letgo, the app to buy and sell locally, announced Wednesday (Aug. 8) that Naspers invested $500 million of new capital into the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Delivery
Walmart, JD.com Invest $500M Into Dada-JD Daojia
August 09, 2018

Dada-JD Daojia, a grocery and delivery company in China, disclosed Thursday (August 9) that it raised $500 million from Walmart and JD.com in a round of financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Jack Ma: Africa Is The Next Great Tech Frontier
August 09, 2018

Alibaba Group Holding’s founder and chairman Jack Ma China’s said that the company “will do anything to share technology” with Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walmart Closes $16B Flipkart Deal
August 09, 2018

India’s anti-trust regulator has approved Walmart’ $16 billion acquisition of online marketplace Flipkart. 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....

Investments
Flipkart Funds Paytm Rival In India
August 08, 2018

Flipkart, the India eCommerce player, has reportedly invested ₹452 crore ($66 million USD) into PhonePe, its payments unit. 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...