In today’s top payments news around the world, Uber Technologies wants to shed a portion of its minority ownership in Didi Chuxing, and investors in a group looking to purchase the U.S. operations of TikTok are aiming to provide American interests with a majority share...
ByteDance’s bid to retain ownership of TikTok in the United States through a “partnership” with Oracle faces long odds of winning White House approval, according to former national security advisors and regulatory lawyers interviewed by Reuters. Get the Full Story Complete the form to unlock...
A company recently created by billionaire Virgin Atlantic Founder Richard Branson plans to raise between $400 million and $460 million to acquire a yet-to-be identified business that is available at an attractive price due to the COVID-19 pandemic, according to a Wednesday (Sept. 16) filing...
In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. Plus, Standard Chartered and Amazon.ae are launching a new installment payment method...
President Donald Trump is expected to decide shortly whether the sale of TikTok, the China-based short video-sharing app, to Oracle Corp. is a go, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Walmart’s Indian subsidiary, Flipkart, reportedly plans to hire 70,000 new employees and indirectly employ many more in needed delivery work as it gears up for a big boost in online shopping around the religious holiday Diwali. Get the Full Story Complete the form to unlock...
A positive data point, indeed — but perhaps not much more than that. 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....
To reshape the digital checkout experience for retailers and shoppers, Visa Canada has unveiled the extension of Click to Pay to Canada. The offering helps consumers make safe and fast purchases across different retailers and platforms, as a “digital-first explosion has ushered in the next generation...
China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
