News - page 333

Fintech & Ecommerce

Valmont acquires shares of another company

The acquisition is expected to close later in January with a  price of approximately $42 million

Finance & Economics

2019 holiday shopping behavior in the UK revealed

A typical household spends over £800 extra in December

Fintech & Ecommerce

UnionPay reveals its acceptance index out of mainland China

UnionPay mobile payment services provide users with payment simplicity and a wider variety of services while traveling abroad

Science & Technology

Grab partners fintech company to get digital banking license

Grab will have a 60% stake in the consortium entity whereas Singtel will hold a 40% stake

Fintech & Ecommerce

US wage growth in 2019: research

New York and California lead earnings growth among state, while Texas and Arizona rank among top 3 states in job growth

Science & Technology

UK bank revealed number of people having financial problems

Due to the financial problems, almost 1 in 5 (16%) people have had a negative work performance

Science & Technology

Chinese mobile phone companies launch a joint solution

Consumers of Vivo, OPPO, and Xiaomi can easily transfer files between their mobile devices, eliminating the need for any third-party applications or network data

Blockchain & Crypto

Popular streaming service supports stablecoin donations

MenaPay app allowed its streamers to collect blockchain-based donations

Fintech & Ecommerce

China’s biggest telecom company partners with fintech firm

China Unicom is one of the biggest telecom companies in the country with around 320 million mobile billing subscribers

Science & Technology

26 US states will increase minimum wage in 2020

Highest wages are in California and NYC and the lowest in Georgia and Wyoming

Finance & Economics

Payments group finds solution for banking systems

Bankbox can be integrated via APIs into already existing payment systems

Blockchain & Crypto

Italian university collaborates with payment company to launch blockchain 

More than 1.6 billion of fake sureties have been released since 2015

Fintech & Ecommerce

Aspiring UK virtual bank plans its global launch

The project aims to pilot in the US by May 2020, along with most of the European countries, Latin America and Asia

Science & Technology

China’s insurance market creates new opportunities for foreigners

Despite the fact the market is expected to develop, the share of foreign insurers is low

Finance & Economics

Mastercard data reveals US holiday retail sales growth

Mastercard SpendingPulse shares insights into overall retail spending trends across all payment types

Fintech & Ecommerce

Chinese financial platform starts joint venture in Japan

For now, OneConnect has operations in 10 countries and regions, including Hong Kong, Singapore, Thailand, Indonesia, Cambodia, and South Korea