After claims in China’s state run media last week that location tracking features in the forthcoming upgrades to the iPhone’s software package constitute a threat to China’s national security, Apple has hit back and counter-argued China’s claims are baseless. Get the Full Story Complete the...
China Union Pay, the nation’s government back credit card issuer, is offering a new service that will allow card holders to pay via QR codes scanned on their mobile device. The new system will work online and offline, and the company is reportedly now in...
Sweden-based iZettle has capped off the series C investment round it first kicked off in May 2014 with an additional pick-up of $6.8 million, brining total round investment to to $61.2 million. To date, the company has raised a little under $120 million total. Get...
Payments processor i2c announced the opening of its new Singapore office yesterday to further grow the market for prepaid and mobile services in the Asia Pacific location, according to a company release. The new office will include product, client services, and business development staff.
Visa and MasterCard are trying to find new ways to work around Chinese regulation that prevent the foreign card companies from processing yuan transactions. While Chinese consumers can use foreign cards, currently they are allowed to do so for the clearance of foreign currency, as...
Summer has finally arrived and Americans apparently are united in their desire to get away from home. According to a recently released report by American Express, 75 percent of Americans are planning to travel this summer, and they plan to spend 10 percent more on average and...
Mobile Identity pioneer TeleSign has entered into a strategic partnership with Australia-based Telstra. 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....
It’s getting harder for immigrants to the U.S. to send money back to their countries of origin as U.S. government regulators are cracking down on terrorists and drug traffickers by pursuing their money sources. In response to the increased regulatory scrutiny, big banks stateside are...
In less than 60 days after the Saudi government agreed to allow Apple to begin marketing products and officially operate within the Middle Eastern monarchy, Apple has struck a sales deal with Jarir Bookstore a major Saudi Arabia-based retailer, according to 9to5mac. Get the Full Story Complete...
