C88 Financial Technologies (C88) announced that it has received an over-subscribed $28 million in a Series C investment from Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump in the country; Starbucks quarterly sales in China declined 2 percent in the period ended on July 1, down from...
For eCommerce, the Magic Button (Almost) In Sight 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 Today. By completing this form, you...
Across the U.S., financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses...
The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, its market cap took a $120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the...
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Facebook getting hit by the General Data Protection Regulation (GDPR), First Data beats Street, Kroger unit says goodbye for now to Visa, T-Mobile enters a big...
India is mulling the idea of requesting eCommerce and social media companies to only store customer data locally, which could impact the likes of Amazon and Facebook and its WhatsApp messaging service in the country. Get the Full Story Complete the form to unlock this...
IBM and CLS, a market infrastructure group delivering settlement, processing and data solutions, announced on Monday (July 30) a collaboration on a proof of concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform for the financial services industry. Get the Full Story Complete the...
U.K. financial institution Lloyds was criticized by lawmakers Monday (July 30) over its program to compensate small business victims of fraud related to the bank’s HBOS unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
