China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the investment, Nubank is now worth $4 billion, making it one of the most highly valued, privately held startups in Latin America....
The European Union’s (EU’s) banking supervisor wants to know more about how Denmark’s financial watchdog supervised Danske Bank, which is being investigated by the U.S. Department of Justice (DOJ) over alleged money laundering. Get the Full Story Complete the form to unlock this article and...
Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? Sound is the ancient method of communication, of commerce, where a promise to sell or buy in days of...
A not so very long time ago, chatbots were forecast to be the next big thing in digital ecosystems. Starting with Facebook’s big announcement of its chatbot push at F8 in 2016, all of those forecasts for everything chatbots were going to do starting rolling in. And...
Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct, reports in Reuters said Monday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Whether or not we live in the age of irony has been a matter of some debate for the last 20 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Pakistan is taking a significant step toward promoting digital B2B payments in the country. 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...
The International Chamber of Commerce‘s (ICC’s) Banking Commission is collaborating with bank-owned database Global Credit Data (GCD) to broaden the scope of the ICC’s Trade Register, an announcement revealed Monday (Oct. 8). The Trade Register provides banks with insight into risks in global trade and export...
Walmart is partnering with Metro Goldwyn Mayer, the U.S. movie studio, to create content for Vudu, its video on demand service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
