India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant, The New York Times (NYT) reported, citing a source. The deal values Paytm’s parent company, One97 Communications, at $16...
Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a credit card, the best outcome is to pay their balance in full each month, which has the benefit of buying...
MoneyGram has announced that it’s continuing its worldwide digital expansion with greater options for its overseas customers, especially in the Asia Pacific area and New Zealand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
David Solomon, the CEO of Goldman Sachs, is denying claims that gender bias is apparent in the algorithm it uses to determine credit limits for applicants, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
American Express, which has long lagged behind rivals like Visa and Mastercard in terms of business acceptance, has been aggressively pushing to close the gap, offering some businesses thousands of dollars in sign-up fees as well as other incentives, according to a report by The...
Dutch global payments platform Adyen announced it is launching card-issuing services to its customers. Adyen Issuing will enable clients to provide customers with virtual and/or physical cards that can be used online, in-app or in-store. The cards can also be integrated into mobile wallets. Get...
PayPal Holdings has ended its payment support to PornHub’s models after the adult entertainment site made certain payments without permission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly into customers’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
