Walmart and Rakuten announced Tuesday (December 11) the opening of the first Walmart eCommerce store in Japan, dubbed Walmart Rakuten Ichiba Store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization marked the start of a new chapter in the life of the firm. Xoom’s mission to make international funds transfer easy and digital...
ParkJockey, a fully integrated parking technology solutions provider, has announced an investment from the SoftBank Group, bringing its valuation to more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A report by the House Oversight Committee has found that Equifax’s massive data breach could have been easily prevented if its security practices and policies were up to par. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Chinese bike-sharing company Mobike is being investigated by German regulators for potentially being in breach of the EU’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
South Korean company Viva Republica, which is behind the payment app Toss, has become the country’s fourth unicorn startup after raising an $80 million funding round at a valuation of $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy...
Prosecutors in Frankfurt, Germany have targeted a former anti-money laundering official at Deutsche Bank in a probe regarding the suspicion of money laundering, Reuters reported on Monday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
After a tumultuous week, SoftBank will release shares of its initial public offering (IPO) at about $13.25 a share (¥1,500) and raise an estimated $23.5 billion (¥2.65tn), according to a report from Financial Times. Get the Full Story Complete the form to unlock this article...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singapore’s Singtel rollout of international payment options in its Dash mobile app. In addition, PUC Berhad is teaming up with Revenue Group Berhad for online-to-offline (O2O) payments in Malaysia,...
