Payments in Singapore have been modernized by a new real-time payments platform that was put in place by the UK-based VocaLink. FAST, will now be able to electronically transfer funds in seconds, rather than the two to three days that it used to take.
Shopping for goods in the U.S, is about to become a whole lot easier for Chinese consumers, as Alibaba has announced that starting this summer it will combine with ShopRunner Inc. to allow them to shop on the Web directly from U.S. retailers who otherwise...
It's official! Chinese e-commerce juggernaut Alibaba has filed for a U.S. IPO, and by all analyst predictions it is going to be a monster. With the filing comes many answers about what the companies annual revenue, market capitalization and market share are. However, the new...
It’s official, Chinese e-commerce giant Alibaba has officially filed with the security and exchange commission for an initial public officer (IPO). The IPO prospectus filed with the SEC will give the first deep look into the company’s finances, until now Alibaba’s financials were only visible...
Consumers with a dual passion for Twitter and Amazon saw their ideal world come into fruition recently with the launch of a collaboration that now makes it possible to tweet ones orders to Amazon. By responding to Twitter adds with #AmazonCart, users can save an...
After spinning the payments wing of the company, Alipay, off in 2011 to more successfully navigate regulatory issues within the Chinese government bureaucracy, Chinese e-commerce giant Alibaba is reportedly in talks to reclaim a large portion of its lost stake in its erstwhile payments section....
After purchasing a 44 percent stake nearly three years ago for a reported $28 million, Neiman Marcus is pulling out of China’s Glamor Sales Ltd. The Chinese company, which made a name for itself selling high-end fashions at a discount, was supposed to function as...
aying Filipino international workers just got easier with Global Payout, Inc.’s announced expansion into the Philippines with its proprietary MoneyTracTM Consolidated Payment Gateway (CPG) platform. The move will make it easier for employers to compensate their employees no matter where they are on the globe...
The price of Bitcoin took a sharp fall over the weekend, dropping from a three-day high of just over $460 per coin on Saturday to a low of about $420 per coin in overnight trading into today, according to the PYMNTS real-time price index The...
