As it grows in popularity in the U.S., social video app TikTok wants to distance itself from its Chinese roots, with advisors and employees coming up with suggestions for rebranding strategies in that direction, according to a report in The Wall Street Journal. Get the...
Following years of brisk expansion, China’s smaller financial institutions are seeing hard times as customers turn to larger banks and the local economy slows, the Wall Street Journal (WSJ) reported on Sunday (Nov. 17). Get the Full Story Complete the form to unlock this article...
Grab Chief Executive Officer (CEO) and Co-Founder Anthony Tan said the Southeast Asia ride-hailing platform will not launch an initial public offering (IPO) until the company is profitable, CNBC reported on Thursday (Nov. 14). Get the Full Story Complete the form to unlock this article...
To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the headlines, look to the high seas. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex Visa Travelcard, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.K.-based on-demand food delivery service Deliveroo is expanding its platform to include a pickup option, TechCrunch reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Swiss bank UBS was hit with a $51.09 million fine by a Hong Kong watchdog for overcharging up to 5,000 clients for nearly a decade, Reuters reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ukraine is coming to terms with international lenders to settle an aid agreement concerning the nationalization of Privatbank, the country’s largest lender, Bloomberg reported on Saturday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
