PayPal’s Singapore competition, 2C2P, a payment services provider, is making headlines as it closed a $7 million deal in Series C funding, bringing its total capital raised to $10 million, according to e27, a Singapore-based business news service. Get the Full Story Complete the form...
For Samsung, the good news is that Samsung Pay is on track and its just-out-this-month Galaxy S6 Edge smartphone is selling out. But that didn’t help its Q1 earnings, which plunged 39 percent as the company sold more less-expensive smartphones and the bottom dropped out...
Kroger is rearranging its agreement with dunnhumby…and that might mean that Tesco is one step closer to selling the data analytics company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Deutsche Bank has joined the “smaller and simpler” movement. After missing financial targets and facing regulatory problems, the German bank said on Monday (April 27) that it will sell its retail banking business, shrink its investment bank and leave seven of the 70 countries where...
Vogue publisher Condé Nast plans to expand its fashion eCommerce empire by repurposing its Style.com website as an online sales platform, the U.K. version of Vogue announced on Monday (April 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
German movie theater operator CinemaxX will be rolling out mobile payments for tickets, drinks and snacks “in a few weeks,” the company announced on Thursday (April 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
China Telecom – the nation’s largest telecom operator – has officially teamed up with Alibaba to roll out low cost ($48) smartphones to citizens in rural China. The deal with China Telecom – and access to its 186 million subscribers – is part of a...
Mobile payments startup Fortumo has hired Google payments veteran Tim Carter as its chief revenue officer, the company announced on Friday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
MasterCard expects to see increasing demand for its bank-card services now that the Chinese government is opening up the market for interbank transaction clearing services, the card brand’s China chief said last week. Get the Full Story Complete the form to unlock this article and...
