Late last week China confirmed it cracked down on an “underground bank” that was responsible for moving nearly 410 billion yuan ($64 billion) in illegal foreign exchange transactions abroad, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Five years after withdrawing itself, Google is now working on reestablishing its presence in the Chinese market with the launch of the Google Play app store in Feb. 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The age of the high-powered salesman has come and gone, but that doesn’t mean that consumers need their hands held when they experience new technology, especially if many of them are being exposed to it for the first time. Get the Full Story Complete the...
What does Goldman Sachs see in Financeit? An opportunity to bring point of sale financing to the home improvement industry. Michael Garrity, Financeit’s Co-founder and CEO, takes MPD CEO Karen Webster inside the next payments opportunity ripe for disruption.
The last time the JC Penney brand talked about reinvention, things didn’t end up so well. But the last several months, the 103-year-old chain has been under the leadership of a new CEO who’s once again talking about re-inventing the brand. Marvin Ellison tells PYMNTS...
How fast do consumers’ appetites for flavor of the week-like apps change? More importantly, how fast do executives’ opinions of their own companies change after leaving for greener (or lack thereof) pastures? Get the Full Story Complete the form to unlock this article and enjoy...
Market watchers, tech enthusiasts and payments passionistas alike are scientifically incapable of being unaware of Square’s IPO last week. After what can only be described as a saga, the world watched avidly — and then spent the rest of the week picking apart Square’s debut...
This week, while watching the drama that was Square’s IPO unfold, something occurred to the PYMNTS staff. Everything you need to know about Square’s story up until now you can learn this weekend by binge watching the Star Wars movies. Or at least the first five...
The PYMNTS team caught up with experts in the payments field to ask them their views on industry trends, predictions for the coming year and what their ideal payments system looks like — and how far off that vision is. Get the Full Story Complete...
