One97’s mobile wallet payment service Paytm, an India-based and Alibaba-backed service, has launched a feature in its mobile wallet that will allows its customers a more streamlined bank transfer process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
This year’s Mobile World Congress may have ended a week ago, but post-conference conversations on where mobile’s going next abound. Following exciting, game-changing announcements made by MasterCard and other key players in the space, MPD CEO Karen Webster sat down with Jorn Lambert, Group Executive...
Messaging service Snapchat is now valued at $15 billion, a $5 billion increase over its last funding round in 2014, which was led by Kleiner Perkins and Yahoo! and which left the startup with a valuation around $10 billion. Get the Full Story Complete the...
There are 2.5 billion in the world without a bank account. That number is familiar and been reported widely. What’s lesser known is that a majority of those 2.5 billion unbanked people are women. Get the Full Story Complete the form to unlock this article...
Alibaba has made a move into the U.K. through an alternative lending partnership aimed at enabling small businesses’ financing options for those buying from Chinese suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alibaba is on the verge of making its first direct investment in India. The Chinese e-commerce giant is in talks to invest as much as $1 billion in online marketplace Snapdeal, Reuters reported on Wednesday (March 11). Get the Full Story Complete the form to...
For all its explosive growth, especially in Southeast Asia and other emerging markets, not everything Rocket Internet touches turns to gold. On Wednesday (March 11), Rocket said it will shut down its consumer-to-consumer marketplace Lamido and merge its 2,500-plus merchants into a larger Rocket e-commerce...
Samsung has gotten some much needed good news after the disappointing sales run of the Galaxy 5 phone, according to Shin Jong-Kyun, Samsung’s Chief of Mobile. “Pre-orders of the two Galaxy variants from our major clients are really huge,” Jong-Kyun told reporters. Get the Full Story...
More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Get the Full Story Complete the form to unlock...
