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Yandex.Taxi Making Moves Toward An IPO

PYMNTS

Both banks handled the IPO of Yandex’s search engine business in 2011. million USD) in the Russian regions over the next three years. Half of the investment will focus on developing the security of services, with the other half supporting regional drivers and taxi fleet companies. 8 billion (nearly $125.5

Regional 101
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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

Network providers are very aware of those procedures, though, and have been actively seeking to claim larger shares of both the payment routing market and resultant revenues through associated fees. Debit cards secured with PINs came into wide use in the 1990s, and regional card networks often processed such payments at the time.

Cards 141
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Why JUMO Is Expanding From Africa Into Asia With Its Financial Services Platform

PYMNTS

While underbanked and unbanked customers in the developed world exist — and face a myriad of difficulties in securing access to financial products — the situation in developing world economies in regards to the unbanked and-underbanked population is a good deal more complicated. That is actually an improvement.

National 137
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Visa’s Long-Term View On Klarna

PYMNTS

In 2011, Visa invested in Square and in 2015, Stripe. Expansion regionally has been a focus, with the U.S. as a market entered as late as 2015. We know this is a business model that we will extend into other regions as well,” he continued. These markets “are digitizing commerce very quickly,” even as the U.S.

Regional 100
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How Big Tech Is Battling To Own The $49B Voice Market

CB Insights

FREE DOWNLOAD: THE COMPLETE LIST of investors in the voice market. Microsoft and Apple are focusing on developing patents to dig into privacy and security, factors that are still hampering voice, with Microsoft going so far as to patent a way to whisper commands into smart devices. Spotlight: Voice across the Chinese market.

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TRENDING: The Uberization Of X-Border Receivables

PYMNTS

Some Asian markets are pitching their countries’ medical facilities as a means to attract medically-motivated travelers. The move comes after Malaysia saw a 16 to 17 percent increase in medically-motivated travel each year since 2011. News from the cross-border space.

Trends 101
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Amazon Tracker: Cash In Bloom

PYMNTS

The online retail giant’s estimated market cap sat at just a tad over $439 billion—nearly twice that of Walmart. The big play Amazon made in the past few weeks came in a form not normally associated with eCommerce, at least not in the more mature digital markets. Well, as long as it happened between November 2011 and May 2016.).

San Diego 101