Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be a concession by the China-based Huawei designed to maintain its recent lead over Apple in its home country. Sources tell...
Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European digital banking super app Sumeria. This app has introduced new capabilities including a remunerated current account, and plans to expand...
The majority of consumers in the United States and Australia want the option to buy retail products online from a single, unified platform that spans a range of their day-to-day routines, PYMNTS Intelligence research finds. By the Numbers The PYMNTS Intelligence study “Consumer Interest in...
Beyond the financial cost, purchasing a home can be an extremely complex and time-consuming process. From researching listings to seeking financing and appraisals, buyers find themselves juggling and coordinating multiple different tasks before closing a deal. However, the advent of digital tools and platforms has...
January 18, 2024
Ingo Payments CEO Drew Edwards told Karen Webster in an interview that the incentive and technologies are there for forward-thinking companies and firms enabling money mobility (including Ingo) to create their own ecosystems and keep money flowing within them. To clarify, Edwards noted the traditional rails, cross-border marketplaces and “proprietary payment mechanisms” — the Visas […]
January 15, 2024
Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and personal activities. This demand is...
September 27, 2023
With an overwhelming number of apps competing for user attention, consumers are experiencing app overload. As a result, the appeal of a unified platform or everyday app that consolidates shopping,...
August 07, 2023
The pain points and frustrations of vehicle ownership are many. Beyond the high price to get the wheels themselves — new or used — there’s the time and money spent...
July 02, 2024
Revolut’s revenues jumped 95% last year as it continues to pursue a British banking license. The London-based FinTech released its 2023 annual report Tuesday (July 2), showing the company’s revenues reaching $2.2 billion in 2023, up from $1.1 billion in 2022. In addition, Revolut’s profit before tax was a record $545 million, with the company […]
June 19, 2024
Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be a concession by the China-based...
June 04, 2024
Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European digital banking super app Sumeria....
March 19, 2024
Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder, chairman and CEO of Wonder...
