German food-delivery startup Volo has been acquired by Rocket Internet, just days after the Samwer Brothers’ startup factory invested in one of Volo’s soon-to-be-direct competitors, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Alibaba has written itself a prescription to take advantage of the booming online health care market in China, consolidating its online pharmacy business into its own medical affiliate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The ranks of the unbanked are getting smaller around the world, according to a new report released by the World Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Yahoo, flush with cash from the sale of its stake in Alibaba and anxious to remake itself as a mobile-based business, may be in late-stage discussions to acquire Foursquare, according to TechCrunch — which admits that even its own sources at Yahoo don’t agree on...
Transaction Network Services (TNS) has a new scheme for faster payment acceptance of UnionPay cards. 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,...
China’s second largest eCommerce player – JD.com – is going after No. 1. 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....
Roughly 80 percent of online crime in the U.K. goes unreported, and only about 4 percent gets an adequate police response –in part because banks would rather close their eyes to the problem, City of London Police Commissioner Adrian Leppard has confirmed. Get the Full...
Monitise is putting a Turkish bank in your pocket. 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,...
Stephen Bird, who runs Citigroup’s Asia Pacific region, will take over as Citi’s chief of global consumer banking on June 1, Citi CEO Michael Corbat told employees in a memo on Monday (April 13). Get the Full Story Complete the form to unlock this article...
