Alibaba gets all the attention. Given its astonishing market capitalization, wealth of holdings, army of users and status as sitting on the edge of the largest IPO in the history of possibly ever, that is not an entirely surprising development. Alibaba, however, isn’t the only...
The Canadian dollar firmed modestly against the greenback on Thursday after data showed domestic manufacturing sales rose in March for the third month in a row. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Once just an idea in an apartment at the high of the tech bubble and now the largest B2B trading platform in the world, Alibaba now could be the most humungous IPO in history. How did this transformation develop? We've made a handy infographic to...
Competitor Alibaba may get all the attention but investors in home country rival Tencent had some reasons to feel fairly good about their pick this week. Though the company’s first quarter earnings are a bit of a muddle due to some highly complex deals and a...
The Mexican loan calamity; wherein Citiigroup’s Mexican extension Banamex loaned $400 million to a company that could not pay them back, has thus far has been equal part expensive, embarrassing and generally damaging for the company. The scandal has now has claimed its next round of...
According to new data released by consulting firm Bain & Company, 55 percent of British internet users are aware of mobile payment options, but only 3 percent have actually used their mobile phones to pay for transportation or goods in real life. This data dovetails nicely...
In an effort to automate and streamline Government financial management processes and procedures, the Kenyan National Treasury is switching to electronic procurement. Henry Rotich, Cabinet Secretary, National Treasury, said e-procurement, when implemented under the Integrated Financial Management Information System (IFMIS), will provide an efficient and streamlined...
A recent deal to provide online-booking services to IBM’s business-travel program is opening the doors to international opportunities for the business-travel unit of online-booking company Orbitz Worldwide. Under the agreement, Orbitz for Business will provide IBM support in 90 countries.
According to a new study by Visa Europe, the number of small businesses integrating mobile point of sale technology is on a sharp upswing and is set to take off dramatically in 2014, reports Finextra. Get the Full Story Complete the form to unlock this...
