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...
Though uncertainty reigns when it comes to Greece – whether the nation will stay with or exit the Euro, when banks will open or even if ATMs will function – there are some signs that the electronic payments segment of the financial system is continuing...
Velocity, a lifestyle app enabling restaurant diners to pay and earn rewards right from their mobile devices, secured one of the largest Series A funding rounds for a U.K.-based company yesterday (June 29) when it closed $12 million from an international group of angel investors....
How much is Google messing with search results? A lot, claims Tim Wu, a legal scholar and former FTC adviser. In a 46-page, Yelp-funded study, Wu and coauthor Michael Luca, a Harvard Business School economist, explain how Google knowingly manipulates search results. Get the Full...
Investigators from six different European countries, supported by Europol and Eurojust, joined together to bring down a cybercriminal group in Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Internet of Things, in which everyday items ranging from toasters to cars to buildings and factories are all connected to the Web, could be a multitrillion dollar market over the next decade. Get the Full Story Complete the form to unlock this article and...
Intuit, the financial and tax preparation software company, has laid off 399 staffers, or roughly 5 percent of its 8,000-employee roster, in a far-reaching reorganization of the company, TechCrunch reported Friday (June 26). Get the Full Story Complete the form to unlock this article and enjoy...
JD.com has soundly secured the second place spot in China’s eCommerce market behind Alibaba, but now it wants to take on the eCommerce giant in another industry: credit scoring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Sophos, the IT security firm, revealed the pricing of its initial public offering, bringing the total valuation of the company to £1 billion and marking one of the largest flotations by a technology company in the U.K., TechCrunch reported late last week. Get the Full...
