As more data emerges about e-commerce giant Alibaba in the run-up to its IPO Thursday (September 18), it is becoming increasingly clear the size and scope of the company’s reach Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With soaring mobile purchases in China as a backdrop, American Express and China Mobile (China’s largest telecom) to jointly support an NFC mobile payment system Hebao, which had previously been known simply as Phone Wallet. According to a report in Want China Times, the service...
The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new player rolls into town—Apple Pay. Get the Full Story Complete the form to unlock this...
PYMNTS.com Bitcoin Price and Volatility index. 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, you agree to...
Will bitcoin really be the great bank killer? It’s got potential, according to a new report released by The Bank of England, but as of right now that threat is more theoretical than practical, reports The Wall Street Journal. Get the Full Story Complete the...
MasterCard has won the right to see a key study used by European regulators to set a European Union cap on cross-border card fees, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Alibaba Group has already received enough orders for its record-breaking initial public offering to cover the entire deal, just two days into its roadshow, Reuters reported on Wednesday (Sept. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Alibaba will have a record-breaking IPO next week, but it’s Amazon that owns the future of China’s $400 billion online shopping industry, argues Peter Fuhrman, CEO of investment bank China First Capital. Get the Full Story Complete the form to unlock this article and enjoy...
Having been dragged into a payment card interchange lawsuit, Visa Europe Limited and Visa Europe Services are pushing back, arguing that Walmart-led lawsuit “casts too wide a net, lumping them in with Visa even though they are only licensors of Visa and are owned by...
