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WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation

PYMNTS

QFPay was founded in China in 2012 and is known for its QR code-based technology. The tech firm is in 13 markets: Cambodia, China, Hong Kong, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and United Arab Emirates. This new round of funds brings QFPay’s total funding to $36.5

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Taxes 179
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Can Rio de Janeiro Withstand The Olympic Pressure?

PYMNTS

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we set our sights on Brazil, where, despite the political and economic issues that tend to dominate the headlines, the country’s technology market is still going strong. Tech giants, such as Siemens, Cisco and Microsoft, are building technology centers in the city.

Trends 100
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Adapting To The ‘Nitty-Gritty’ Of Subscriptions

PYMNTS

Adapting to a growing market. When Subramanian and his co-founders first brought Chargebee to market in 2012, the subscription segment was worth a fraction of its current value. As those taxes and other regulatory fees increased, it really impacted business.”. Those are the challenges we’re focused on solving.”.

Apple 100
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No, ATMs in India aren’t going anywhere just yet

NCR

The financial services sector in India has been undergoing something of a revolution of late, largely due to efforts by the government to encourage inclusion in the formal financial system and promote the use of digital payments – with aims to reduce the shadow economy and raise tax revenue among the driving forces.

ATM 85
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Bitcoin Blushing With Secret Admirers

PYMNTS

In 2012, according to Forbes , while vacationing in Ibiza, the fraternal entrepreneurs were introduced to bitcoin and fancied its chances as an alternative to fiat currencies. But the town is also demonstrating its versatility as the end of banking secrecy, and new tax reforms are threatening its economy.

Bitcoin 100
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China and India lead global cashless growth

Banking 2020

For the last few years, developed countries around the world have been witnessing an unrelenting march away from cash, as consumers take advantage of new technologies such as fast payments, contactless and mobile to complete transactions without resorting to notes and coins. percent for Europe for 2012-13 – up from 3.6