Fintech

Singapore-based ride-sharing company Grab is looking to expand its reach in Indonesia through its acquisition of Kudo, an e-commerce platform for unbanked consumers who would be unable to use Grab's own digital payment platform.

What's considered a 'bad' product for one group of consumers may not be bad for another.

China-based Ant Financial is preparing to fight for MoneyGram despite a rival bid from Euronet Worldwide, based on signals the company sent today in an open letter to the money-transfer company’s management, employees and customers.

Net Element Inc., a global payments processor with offices in Miami and Moscow, has extended support for Apple Pay to Russian consumers via its PayOnline subsidiary.

Upgrade, an online lender started by former Lending Club CEO Renaud Laplanche, will tout credit monitoring and education features to stand out in a crowded field.

For London-based fintech provider Tramonex, seeing so many Chinese tourists visiting the U.K. meant a chance to join the success of WeChat Pay. But how to accomplish this was less clear.

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in Southern California.

Transit systems provide a clear use case for mobile payments, allowing commuters to avoid lining up at ticketing machines when they're already in a rush to get to their destination. But many of the perks of mobile wallets, such as targeted offers, don't apply to them.

Amid a rising rate environment, political uncertainty and rising delinquency, credit unions can still take steps to protect their bottom lines.

Western Union Co.’s mobile app customers can now use Apple Pay to send funds originating in the U.S. to more than 200 countries and territories worldwide, including domestic bill-payments.