As U.S. retailers look for price concessions from China in the wake of last month’s currency devaluation, margins may tick up, for now anyway. But there could be a blowback in the form of reduced enthusiasm, and buying power, from China’s consumers, which could impact...
In the end, though the stock price may be volatile and the Chinese economy is feeling the pinch of gravity, Alibaba is doing fine, according to Jack Ma, the company’s chairman. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The payment services cooperative teamed up with a prominent art and design school in London to challenge students to visualize how wearable payment devices will look and function by 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As China’s president, Xi Jinping, met with United States tech leaders earlier this week in Seattle, he urged cooperation between the two countries in developing an Internet that is in line with China’s “national realities,” The New York Times reported Thursday (Sept. 24). Get the...
Tech giant Samsung Electronics has said that its new mobile payments platform has debuted with a bang in South Korea, processing more than $30 million in transactions in only its first month, a tally that the company termed as “beyond our expectations.” Get the Full...
Barclays is bringing a one-stop-shop banking portal to its business customers. 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 completing...
The mobile wallet market in India is projected to surge, with new research pointing to the rising penetration rate of mobile devices, an increased mobile Internet user base and growing government support as contributing factors. Get the Full Story Complete the form to unlock this...
Some investors might look at southeast Asia’s lack of infrastructure for eCommerce and move right on by. Others, though, see something else: a massive opportunity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Velocity, the restaurant payment application that is based in the United Kingdom, is making an acquisition of its U.S. competitor, Cover, VentureBeat reported Tuesday (Sept. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
