Sources have revealed that Alibaba will acquire NetEase’s cross-border online shopping platform. 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...
Mastercard announced it has made a deal with Artajasa Pembayaran Elektronis, an Indonesia-based payment switching company, to work together on the country’s gateway apparatus for payments, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
UPS announced that it purchased a minority stake in autonomous driving company TuSimple. The delivery company also said that it’s been testing self-driving trucks on a freight route in Arizona since May. Get the Full Story Complete the form to unlock this article and enjoy...
Payment technology firm Nuvei, a portfolio company of Canadian private equity firm Novacap, acquired omnichannel payments firm SafeCharge International Group for $889 million, Novacap said in a press release on Wednesday (Aug. 14). Get the Full Story Complete the form to unlock this article and enjoy...
Bantotal, a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Luxury fashion global tech platform Farfetch has acquired a brand platform for the design, production and distribution of brands called New Guards Group, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a press release on Friday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Groupon has acquired an AI-driven voice and text messaging tool called Presence AI, according to a press release. 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...
One of the largest and most valuable tech companies in Indonesia, GOJEK, is said to be about to acquire Moka POS, a company that makes payment terminals for small and medium-sized businesses (SMBs), according to reports citing unnamed sources. Get the Full Story Complete the form...
