It looks like Safaricom will survive as a single business — Kenya’s telecom regulator has reportedly backed off a plan that would have seen the firm’s financial services and telecommunications functions divided off from each other. The move has been considered due to Safaricom’s massive...
Experts are facing a puzzle when it comes to business-loan lending. Loans have dropped to their lowest levels since the days following the financial crisis a decade ago — but no one seems to know why exactly this is happening. Get the Full Story Complete...
Honda is teaming up with Alibaba Group Holding’s AutoNavi business to develop new services for connected cars. 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...
Bitcoin may be garnering a lot of interest from all sorts of investors, but it’s losing its luster for criminals, as they move on to a different cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The average American got swept up in the holiday spirit this season, accumulating an average of $1,054 of debt — about 5 percent more than last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The decline in the value of bitcoin carried into 2018, with the cryptocurrency down in trading on Tuesday (Jan. 2), marking the first time the popular cryptocurrency started the year lower since 2015. Get the Full Story Complete the form to unlock this article and...
Net short bitcoin contracts surged in the week of trading kicking off on Dec. 26, as investors bet the bitcoin futures traded on the Cboe Global Markets would decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Knowing your customer (KYC) is only part of the battle in making sure payments — and just about everything else tied to a business — are secure. In fact, KYC is but one of a long string of acronyms on the checklist for businesses across verticals,...
New Year’s Day 2018 was met by biting cold temperatures across most of the U.S., a Mariah Carey comeback in Times Square and the state of California opening its doors for the sale of marijuana for recreational purposes. On that day, 400 shops had the appropriate licenses to open their...
