In what will be its largest acquisition to date, South Korean electronics giant Samsung has announced it will buy U.S. auto parts supplier Harman International Industries Inc. for $8 billion in cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In an age where international commerce and trade deals may be under a regulatory microscope as never before, Reuters reported that a number of insurers have started to offer up protection that covers cross-border deals, focusing on Chinese companies that are looking to expand in...
Technology can do wonders in payments when it works seamlessly, but when it doesn’t… 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...
Dwolla, the eCommerce company, said Friday (Nov. 11) that it is shifting its focus onto APIs and is exiting the apps business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Singles’ Day used to be about young Chinese singles celebrating an anti-Valentine’s Day, but since 2009, it has become big business for Alibaba, particularly this year. That’s because the Chinese eCommerce giant said late last week it blew past its Singles’ Day shopping record, reporting...
Entrepreneurs wear many hats across business functions, some with more success than others. Technology and automation of back-office functions, outsourced to SMBs, can ensure startups grow, according to Steve Kornreich, whose firm, inDinero, has linked with two other firms to offer legal, payroll and accounting...
India is suffering through a cash shortage that resulted in ATMs running out of money and citizens standing in long lines to exchange notes that no longer are valid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Nine months after $81 million was stolen from Bangladesh’s central bank via its account with the New York Federal Reserve, the nation has retrieved roughly a third of that tally, or about $15.3 million. Get the Full Story Complete the form to unlock this article...
Finally freed up from the “will we/won’t we” of the election season — it seems everyone got back to work this week to ready to hit “reset.” Wells Fargo isn’t just resetting itself — it’s inspiring waves of rethinking. NetSpend is in hot water with...
