Tencent is starting to grab up marketshare from hitherto dominant force Alibaba and its associated Alipay service. The Chinese mobile payments market is worth an estimated $5.5 trillion annually. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.K. consumers lodged 3.04 million complaints in the second half of 2016 concerning financial products. This according to figures published yesterday by the Financial Conduct Authority (FCA), the U.K.’s financial watchdog. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Icelandic language, which many in the country hold as a source of identity and pride, is being undermined by the widespread use of English by tourists and artificial intelligence devices that are gaining in popularity in the country, reported the Associated Press. Get the...
From the point of view of a consumer in Myanmar, there is little difference between carrying a Visa and a UnionPay card — which is likely why the small Southeast Asian nation is “ground zero” for UnionPay’s attempts at expansion outside of China’s borders. Only...
It’s been awhile since our last edition of Alibaba tracker, and a great deal has happened since then. There’s a lot to get through, so hold on to your proverbial hats! Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In recent months, China has been in the headlines as the Trump administration has taken shape, on all matters of issues, from trade to currency dynamics to climate change and the ongoing situation with North Korea. Get the Full Story Complete the form to unlock...
Indian digital payments firm Paytm is reportedly in talks with Japan’s SoftBank in the hopes of securing $1.2 to $1.5 billion in cash. If the deal goes through, SoftBank would be one of the Paytm’s biggest shareholders. Get the Full Story Complete the form to...
Tencent, the Chinese tech giant, has passed Wells Fargo to become the world’s tenth most valuable public company. 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...
