During 2016, consumers in the U.K. spent £647 billion with payment cards, according to new data from the U.K. Cards Association. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
At last count millennials stood at 75 million in the U.S., with 42 percent of them African-American, Asian-American and of Hispanic Heritage, which is driving new cultural trends and product purchases, according to a new report by Nielsen, the market research company. Get the Full...
LendUp, a socially responsible lender for the emerging middle class, announced Thursday (March 2) that it has closed another $100 million credit facility with investment firm Victory Park Capital (VPC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
New insight from Barclaycard’s Contactless Spending Index indicates that contactless payments in U.K. supermarkets have risen considerably in the past twelve months. Here are some of the key findings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Startupbootcamp, the global accelerator network, announced Wednesday (March 1) that it is expanding to the Latin American market through the launch of a dedicated FinTech program in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Line Corp., owner of Japan’s most popular messaging service, is getting into the artificial intelligence market in a big way by outlining an ambitious plan that pits it against the likes of Google, Facebook and Amazon. Get the Full Story Complete the form to unlock this...
Embattled Samsung, South Korea’s largest consumer electronics company, has reportedly paid $215 million for Viv Labs, the virtual assistant startup it acquired in October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
zSpace, an education company that brings mixed reality experiences to computing, announced Wednesday (March 1) that it is joining the Khronos Group’s OpenXR working group to define a cross-vendor, royalty-free open standard for access to modern virtual reality (VR) devices. Get the Full Story Complete...
CGI announced Wednesday (March 1) the launch of a new, real-time Single Euro Payments Area (SEPA) instant credit transfer solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....