Akulaku, a FinTech lending company, has received $40 million in funding from Ant Financial. 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...
China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar with the matter, Financial Times (FT) reported that while Visa and Mastercard submitted their applications to the People’s Bank of China...
Lloyds Banking Group is being criticized for making its overdraft fees more expensive and complicated for its customers. 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...
Africa is home to 54 countries and hundreds of millions of smartphone users — young, tech-savvy and ready to embrace digital payments and banking. Emergent’s Saqib Nazir talks about the opportunities and challenges that confront FinTech firms, from FX to lack of tech infrastructure, in tackling the...
It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
All India Online Vendors Association, a trade group representing online merchants in India, vowed to appeal a ruling by the Competition Commission of India that favored Flipkart, the eCommerce company owned by Walmart. Get the Full Story Complete the form to unlock this article and...
There was a lot about CES in Las Vegas last week that was predictable. 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...
Slack Technologies, a popular workplace messaging app, is said to be considering going public through a direct listing, as opposed to a traditional IPO. The Wall Street Journal reported that the company would be the second big-name tech company to do so, following in the...
In a move that could put a lawmaker against Wall Street and even some members of her own party, U.S. Rep. Alexandria Ocasio-Cortez (D-NY) is expected to gain a House Financial Services Committee seat. The move could be seen as a victory for progressives, but...
