Alibaba and KFC China just partnered to allow KFC customers to pay by scanning bar codes using Alipay’s smartphone app, reports the Financial Times. KFC follows in the steps of Walmart and Carrefour which each began accepting Alipay in 2015. With 5,000 restaurants across 900 cities, KFC is the largest food...
Alibaba is said to be in advanced negotiations to invest in the Indian mobile payments processor Paytm, Reuters reported yesterday (June 30). The amount discussed would be around $600 million, according to undisclosed sources. Get the Full Story Complete the form to unlock this article and enjoy...
IDEX ASA, a company that specializes in fingerprint imaging and recognition technology, has formed a new partnership with a global payments company to help create an international biometric payment card program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The delivery arm of Alibaba Group Holding announced plans to expand its reach across China by establishing a larger network is establishing delivery hubs centered around five of China’s largest cities, Bloomberg reported late last week (June 26). Get the Full Story Complete the form...
The India-based information technology company announced the launch of its Finacle SME Enable service, which helps banks to better serve and support small- and medium-sized business enterprise (SME) customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Microsoft is enlisting the help of fellow payment service providers to bring mobile payment capabilities to retailers. The company’s Microsoft Mobile unit revealed Monday (June 29) that it has struck a deal to partner with mobile POS solutions firm Paycorp to bring those tools to...
For all of the expenses startups and small businesses must endure, taxes can be especially painful. And while SMEs are often too risky for many lenders to approve, financers are even more reluctant to provide working capital for the sake of paying these tariffs. Get...
The business-to-business sector is eagerly catching on to the on-demand and mobile services economy. The market is young and at present offers mostly basic services, like catering or enterprise-specific taxi and travel tools. Get the Full Story Complete the form to unlock this article and...
U.S. retail financial institutions including thrifts and credit unions will spend about $16.6 billion this year on digital information technology initiatives. IDC Financial Insights reported Monday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...