TimeOut, the media conglomerate that owns a series of publications covering leisure and life in major cities around the world, recently led a $10.7 million series A investment in Flypay, a startup based in the United Kingdom. Get the Full Story Complete the form to...
An online forum, among one of the more successful English-language forays into cybercrime, was shut down on Wednesday (July 15), and authorities around the world arrested 28 people connected with the site, Forbes reported. Get the Full Story Complete the form to unlock this article...
Coming out of the All-Star game last weekend, it is surprising that the curveball of the week didn’t come out of baseball. In fact, it didn’t even get pitched in the United States. No, this week in an epic fit of Apple being Apple, Cupertino...
The heads of Walmart’s Chinese eCommerce unit, Yihaodian.com, have left that company in order to “pursue their next venture,” the retailing giant said Wednesday (July 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.K. Payment Systems Regulator said Wednesday (July 15) that it has named Ruth Evans — a payments system industry outsider — to help steer discussions over the future direction of the payments technology within the country. Get the Full Story Complete the form to...
The mobile biometrics industry could generate as much as $34.6 billion in annual revenue by 2020 and could disrupt the payment industry around the globe — chiefly through offering alternative means of both securing and processing mobile payments, Acuity Market Intelligence said Wednesday (July 15)....
PeerTransfer, a global payment solutions provider for the education industry, announced today (July 16) its official plans to open in Shanghai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
MasterPass has made its way to Hong Kong. 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 this form, you...
Rocket Internet, a German startup investor, has given up on its not-quite-a-year-old delivery service ShopWings after struggling to get support and approval from retailers and the government. German shoppers will no longer be able to use the app to do their grocery shopping after July 24. Get the Full Story Complete...