“We’re here to be disruptive. Who wants to write checks?” When Alipay North America’s president, Souheil Badran, took the stage at Innovation Project 2017 for his fireside chat with Karen Webster, there was a lot to discuss. The Chinese consumer, remittances, Ant Financial’s push to...
According to Credit Suisse, PayPal shows it is at no risk of handing over marketshare to credit and debit cards any time soon. “In addition to its high-growth assets [such as PayPal’s youth-centric money-transferring app Venmo and Braintree, which incorporates cards and PayPal’s payment systems for businesses], we...
Amazon’s suite of Echo products could end up at other hardware companies, with the eCommerce giant announcing it’s making its technology available to those that want to integrate Alexa, its voice-activated personal assistant. According to a report, Alexa is now in Huawei’s Mate 9 and is in...
Android Pay announced new partnerships with a handful of banks from around the globe, including Bank of America, USAA, Bank of New Zealand, Discover and mBank. According to Google, the mobile payment technology will be integrated into the service of the banks’ own mobile apps,...
Google Home is reportedly gearing up to support multiple users. According to a report, while multiple users aren’t supported on Google Home as of now, a feature emerged in the app that said multiple users are now supported. The report noted that while at first...
Flipkart, India’s leading eCommerce marketplace, has raised $1.4 billion from Tencent Holdings, Microsoft and eBay. According to Fortune, this latest round — Flipkart’s biggest to date — comes on the heels of unconfirmed rumors that the company is planning a takeover of its rival Snapdeal. This recent...
Flow, a startup that helps companies sell their products around the globe, has raised fresh funding from Forerunner Ventures and Fung Capital. Forerunner and Fung participated in a $16 million Series A round that was led by Bain Capital Ventures. According to a report in...
Monzo, an upstart bank in the U.K., announced Wednesday (April 5) that its banking restrictions have been lifted, which means Monzo is now a fully authorized and unrestricted bank. In a blog post announcing the development, Monzo Chief Executive Tom Blomfield said that with the banking...
Starbucks is moving ahead full force in its offerings when it comes to technology enhancements. Just recently, the company announced its plans for a mobile-only ordering store in its Seattle headquarters, and now it’s bumped it up another notch. Gift cards are the last physical frontier...
