Ant Financial, the Chinese Alibaba-affiliated online payments service provider, has gotten backing from the Chinese government via private placement with the National Social Security Fund (NSSF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The eCommerce retailer led a $60 million funding round for India-based financial services marketplace BankBazaar late last week. 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...
Royal Bank of Scotland may have to pay as much as $13 billion in efforts to satisfy claims that the company misled investors who bought mortgage-backed securities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Uber announced that it decided to suspend its UberPOP services in France for safety reasons. Last week (July 2), anti-Uber protestors damaged Uber cars and even physically attacked Uber drivers in a desperate move to express their frustration. This is only the second time that...
Answer: $40 billion to $45 billion (or two-thirds of what the current eBay/PayPal entity is worth today.) 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...
Indian state-run operator BSNL launched Speed Pay on Friday (July 3), a mobile wallet service which allows its users to transfer money, pay for services and withdraw even if the user does not have a bank account, The Economic Times reports. Get the Full Story Complete...
European startups who attract the attention of U.S. investors not only raise more money but also have the potential to grow faster than those backed by European firms, The Wall Street Journal reported last week. Get the Full Story Complete the form to unlock this...
European startups who attract the attention of U.S. investors not only raise more money, but also have the potential to grow faster than those backed by European firms, The Wall Street Journal reported over the weekend. Get the Full Story Complete the form to unlock...
Amazon’s drone delivery program, Prime Air, may be one step closer to taking off in Seattle. 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...