Just days after Samsung Electronics conceded that its mobile payment platform would be delayed until the fall of this year, some media outlets are reporting that the Korean tech behemoth will offer mobile payment features in a smartwatch, possibly as early as the second half...
In an effort to shore up U.S. investment in Alibaba, and diversify revenues beyond the eCommerce giant’s native China, chairman and founder Jack Ma will journey to New York and Chicago, Bloomberg reported Monday (June 8). Get the Full Story Complete the form to unlock...
In advance of a visit to the U.S. next week to meet with potential American partners about bringing more of their goods to the hands of Chinese consumers, Alibaba Chairman Jack Ma took to the pages of The Wall Street Journal today (June 9) to...
The U.K. may be ready for Apple Pay, but is Apple ready for the U.K.? 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,...
Saxo Bank is setting its sights on changing international payments. The company, through its two-year-old Saxo Payments platform, is tackling both compliance and security in an effort to ease the creation of international transaction accounts, Saxo said in a Thursday (June 4) press release. Get...
British shoppers are holding on a bit tightly to their purses and wallets, with bargain hunting and general caution continually influencing their shopping decisions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Somalia is open for business. MasterCard will become the first international payments network to enter Somalia, a country that hasn’t had a formal banking or financial system for over two decades since the collapse of its government in 1991. Get the Full Story Complete the...
Korean eCommerce company Coupang announced that it will be getting a $1 billion investment from a SoftBank subsidiary, according to a Wednesday (June 3) release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Chinese eCommerce giant Alibaba will announce an investment in financial media company China Business Network in a deal that could be announced as soon as today (June 4) reported Reuters, citing Chinese media. Get the Full Story Complete the form to unlock this article and enjoy...