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NPCI’s New Third-Party Payments Growth Cap Will Impact Google, Walmart

PYMNTS

NCPI, which operates the country’s popular UPI (Unified Payments Interface) system, said on Thursday (Nov. 5) that it will be capping the amount of UPI transactions any single payments app can handle in a month to 30 percent of the total. Not surprisingly, executives at the American tech giants aren’t exactly thrilled with the cap.

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Chinese Big Tech Value Plummets $280B Amid Regulatory Issues

PYMNTS

Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. The State Administration for Market Regulation — China’s regulator — said on Tuesday (Nov. Last Monday (Nov. Hong Kong shares of Alibaba dropped 9.8 percent. “The

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Salesforce Expected To Announce Slack Acquisition Deal Tuesday

PYMNTS

Slack’s current market cap is around $24 billion, the report said. Shares of Slack were up 4 percent in midday trading Monday (Nov. 3 billion, and MuleSoft in 2018 for $6.5 Sources told CNBC they expect the deal to be half cash, half stock, and that it will price Slack at a premium. billion, according to CNBC.

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Facebook’s WhatsApp to Expand Indian Payments Service After NPCI Approval

PYMNTS

National Payments Corporation of India (NPCI), which operates the country’s popular UPI (Unified Payments Interface) system, said in a Thursday (Nov. The decision marks a milestone for WhatsApp, which first rolled out a test run of its new Indian payments service in 2018, with an initial user base of 1 million. Starting Jan.

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Bitcoin Tracker: Up, Up And Away?

PYMNTS

The bitcoin market cap was over $18.5 The cryptocurrency’s maximum value, reached on Nov. Possibly even a couple of other continents by 2018. On Thursday (Feb. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04. At the time of writing, bitcoin’s price sat at $1,149 even, up 2.39

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Top 34 Digital Lenders to U.S. Small Businesses (SMB) (July 2024)

Fintech Labs Insights

7,770 reviews, up 200 since Nov) 3. 7,770 reviews, up 200 since Nov) 3. 83,000 17 17 Credibly 28 2010 Detroit 82 97,000 18 19 IOU Financial 23 2011 Atlanta 132 40,000 19 18 Upright (was Fund that Flip) 15 2014 NYC 53 42,000 20t 21 BizFI 13 2005 NYC 160 0 20t 22 SMBX 13 2016 SF 15 30,000 22 23 HoneyComb Credit 12 2017 Pittsburgh 11.9

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Can Six Days Make (Or Break) The Holiday 2019 Shopping Season?

PYMNTS

That Thanksgiving is shopping holiday, or at least a reasonable opening act for the four-day festival of commerce that commences on Black Friday and caps off on Cyber Monday, is pretty much accepted commerce cannon. That is up slightly from 2018, as a result of fewer people going to the physical store to shop. Meanwhile, 18.2