WeChat founder Allen Zhang had some praise to offer Apple yesterday — on the 10th anniversary of the release of the iPhone — just as he was laying down a challenge to the dominance of the application market that Apple has enjoyed over the last decade or...
With every breakup comes some pain. But in the case of Brexit, it’s hard to gauge just how much pain may lie ahead for Britain as it looks to exit the European Union. Get the Full Story Complete the form to unlock this article and...
The first nationwide crackdown on P2P lending in China is underway — and expected to eliminate many of the 2,400 or so leading platforms in the nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Morgan Stanley economists Melanie Baker and Jacob Nell, both of whom warned of a Brexit-prompted recession and a slowdown in the U.K. economy that would be long-lasting, are now eating their words after their assessment didn’t prove true. Get the Full Story Complete the form...
A Swiss insurance agency has ruled that drivers working for ride-hailing company Uber are classified as employees rather than independent contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
FinTech firms operating in Indonesia and running peer-to-peer lending businesses may face new regulations from the Indonesian Financial Services Authority (OJK). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Xoom, a digital money transfer provider, announced Tuesday (Jan. 3) it is expanding its services in Asia as a way to make it easier for U.S. residents to quickly send money to Japan. Get the Full Story Complete the form to unlock this article and...
Paytm, the leading mobile pay firm in India, announced Tuesday (Jan. 3) that it received permission from the Reserve Bank of India to formally launch Paytm Payments Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It doesn’t take long for fraudsters to find new vulnerabilities in payments — and when they do, all bets are off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
