WeBank, the online finance operation that is owned and operated by Chinese tech giant Tencent Holdings, will seek to raise as much as $1 billion in an effort to boost its lending business and also its ancillary financial services, Reuters reported on Wednesday (Nov. 18)....
From Canada to Australia, Apple Pay has gone global this week. 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...
Technology breeds change for every business — even those that traffic in coffee and donuts. 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,...
The payments landscape has moved light years beyond the traditional days of keeping cash on hand, in the till, ready to make the correct change to a customer who has in turn proffered legal tender in coins and bills. Now, retailers, merchants and their financial...
Uber India’s top rival, Ola, has raised $500 million in its latest round of funding, pushing the company’s valuation to $5 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Depending on the browser used to surf the Web, there’s an almost infinite number of add-ons and extra tools that can be installed to supplement an otherwise powerful machine. For Google’s popular Chrome browser, its latest extension might just be a killer move for eCommerce. Get the...
Data projections show that mobile messaging apps will be used by more than 1.4 billion global consumers in 2015, a 31.6 percent increase from 2014. Seventy-five percent of them also use a mobile messaging app at least once a month.
Tech’s fabled unicorns have had a rough go of it recently, and Square looks poised to join their trouble lot, amid muted expectations for its IPO and still-lofty valuations.
The age of Uber has not been good for the traditional cab service anywhere — and in New York City in particular. And, having failed to meaningfully hold off or stop Uber’s expansion this summer in the city, the cab drivers have decided to sue....