Somalia is open for business. MasterCard will become the first international payments network to enter Somalia, a country that hasn’t had a formal banking or financial system for over two decades since the collapse of its government in 1991. Get the Full Story Complete the...
Ralph de la Vega, president and CEO of AT&T’s mobile and business solutions group, kept things straight to the point while discussing the company’s lack of success in the mobile payment sector in an interview with Forbes Tuesday (June 2). Get the Full Story Complete...
Korean eCommerce company Coupang announced that it will be getting a $1 billion investment from a SoftBank subsidiary, according to a Wednesday (June 3) release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Within 24 hours of a report that suggested that Samsung was not really all that concerned with Android Pay, came the news that the launch of its mobile payments solution, Samsung Pay, would be delayed. What was initially scheduled to be a summer 2015 rollout...
Chinese eCommerce giant Alibaba will announce an investment in financial media company China Business Network in a deal that could be announced as soon as today (June 4) reported Reuters, citing Chinese media. Get the Full Story Complete the form to unlock this article and enjoy...
Gimbal, a location and proximity-based mobile engagement provider, announced yesterday (June 3) that it is delivering its firmware licensing solution to its first ever-growing beacon proximity network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
With $50 million raised in Series C funding, pharmaceutical delivery startup PillPack will throw its hat into the ring against brick and mortar giants like Walgreens and Rite Aid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Bringing Amazon’s Prime Air drone delivery program to life may actually result in big profits for the company down the line, The Verge reported yesterday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Groupon said Wednesday (June 3) that Rich Williams will become the company’s chief operating officer and also that its CFO, Jason Child, would depart the company next month to take on the same role at Jawbone, a consumer technology company. Get the Full Story Complete...