London startup Unmortgage has just closed a £10 million (just over $13 million USD) seed round as it prepares to launch its “part-own, part-rent” platform next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Alibaba, the Chinese eCommerce giant, inked a deal Tuesday (September 11) with the Russian Direct Investment Fund and Mail.ru Group to create AliExpress Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Denmark is working on new legislation that will increase money laundering fines by about eightfold. According to Bloomberg, the new bill by the Danish Financial Supervisory Authority (FSA) would have money launderers pay fines according to “the gravity and circumference of the offense,” as well as...
London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. 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...
SWIFT is gearing up to roll out a pre-validation service that will enable customers to pinpoint and resolve errors that delay payment messages before they are sent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The European Parliament is set to vote this week on copyright legislation that would make media internet platforms pay for the content that appears on their sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
New York State has approved the dollar-linked digital currencies created by Gemini Trust and Paxos Trust, making them the first stablecoins approved by the state’s regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Travel companies know that payments innovation is mission-critical when it comes to acquiring and retaining consumers all over the world. It’s a clear fact in the data — 81 percent of travel firms indicated that payments innovation is on the menu for the next three years, according...
Is there a secret sauce for merchants to capture the evolving millennial? Those are the young consumers who are not that young anymore, and moving steadily toward the peak earning years of their lives — the consumers who have high expectations and are comfortable with everything...
