Russian Mail.Ru is forming a joint venture with Alibaba’s mobile payments division Alipay, Reuters reported on Wednesday (Oct. 9). 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...
The United States has expanded its blacklist of Chinese companies ahead of trade talks, and the move will potentially hurt China’s artificial intelligence (AI) ambitions, and its desire to become the leading country with the technology by 2030. Get the Full Story Complete the form...
New internet startups in India are tumbling, pointing to the possibility of an overall decline in entrepreneurship, DealStreetAsia reported on Sunday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
PayPal’s international money transfer service, Xoom, has announced that people in the United States, Canada and the U.K., as well as 31 other markets in Europe, can send money directly into bank accounts in South Korea. Get the Full Story Complete the form to unlock...
Global payments platform Finablr is partnering with Samsung Pay for app-based cross-border payments, Finablr announced in a press release on Thursday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab is in violation of competition laws and is considering slapping them with a $20.5 million fine, Reuters reported on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A recent police complaint alleges that the Punjab and Maharashtra Co-operative Bank (PMC) made up 21,000 fake accounts to hide loans, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium, TechCrunch reported on Tuesday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
