A startup in the United Kingdom called Marshmallow has raised $1.2 million in seed funding as it tries to use digital technology to lower auto insurance costs for foreign-born drivers there. The new capital comes amid a wider push in Europe to bring more standardization...
An initiative to prohibit commercial banks in Switzerland from electronically creating money when they make a loan was overwhelmingly rejected by Swiss voters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In one week, the FIFA World Cup Men’s Soccer competition will kick off in Russia. For most of the world that is big news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Helping broaden the reach of Tencent’s mobile payments and mini program services, Tencent has unveiled a collaboration with Walmart China. With the relationship, Walmart will also be to expand digitally in the country, technode reported. Get the Full Story Complete the form to unlock this article...
After a shutdown of ZTE‘s operations that has lasted almost two months, the U.S. and China have come to a deal to get the Chinese telecommunications company back up and running. The U.S. had blocked exports to the company after it broke terms of a...
The paper chase — the literal one — is about to get cut short amid distances well-traveled. News came Wednesday (June 6) via Reuters that Tencent Holdings is working with the Chinese government, eyeing the WeChat app as a way to substitute for travel documents —...
In a new wrinkle tied to the tariff tiff between the United States and China, the latter said it would be amenable to buying roughly $70 billion of U.S. farm and manufacturing goods. That buying spree would come if the U.S. walks away from levying tariffs...
Employees at German automotive supplier Continental AG can no longer use WhatsApp or Snapchat on their company phones. 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...
SWIFT, as an organization, bills itself as a neutral player in the global economic system. That’s why the recent international flare-up over U.S. President Donald Trump’s decision to reimpose sanctions on Iran has hit the firm as a fairly direct challenge. Get the Full Story...
