New restrictions in India are poised to have an impact on Amazon and Flipkart, affecting how each can do business on their online marketplaces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is slowing down, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
UnionPay International, a subsidiary of Chinese financial services company UnionPay, is giving developers all around the world access to 18 of its mobile internet payment products, the company announced on Monday (Jan. 14). Get the Full Story Complete the form to unlock this article and...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Amazon to attract more consumers in India, and the latest on a global ransomware attack. Goldman Sachs makes a cash management move, Panasonic...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with Joint Electronic Teller Services Limited (JETCO) in Hong Kong. In addition, Factris has acquired an invoice financing firm that serves the Lithuanian...
Vietnam wants to be a cashless society, according to a report in Financial Times, but bank regulations are hindering the country’s ability to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Kabbage, the financial services, technology, and data platform company for small businesses, announced Monday (Jan. 14) that it is powering the Pay Later program for U.S. buyers on Alibaba.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Aiming to fight more financial crime, the U.K. government has recruited senior executives from Barclays, Lloyds Banking and Banco Santander. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Ryuk, a ransomware threat that has been spreading online, has earned the hackers more than 705 bitcoin in five months, which has an estimated value of $3.7 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...