article thumbnail

Citigroup Ramps Up Payments Tech With New Tools

PYMNTS

Kohli was tapped in 2017 by Citigroup to run the global payments and receivables unit, which is an important business at Citigroup. In November, Citigroup announced it had expanded the tool to more than 20 new markets, with it now available in 70 markets.

Tools 179
article thumbnail

Tencent WeChat and WeChat Pay

Chris Skinner

WECHAT KEY TRENDS REPORT 2017 MATTHEW BRENNAN CHINA CHANNEL THIS PRESENTATION IS ADAPTED FROM A KEYNOTE SPEECH DELIVERED AT CHINA CONNECT CONFERENCE IN PARIS ON MARCH 2ND 2017 BREAKING NEWS: SLUGGISH GROWTH FOR WECHAT IS WECHAT STILL COOL? EVERYTHING IS WITH USER VALUE IN MIND. THE VALUE TO THE USER IS THE FIRST PRIORITY.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Drive, Not Size, Is Key To FI Innovation

PYMNTS

In fact, more than 40 percent of small banks aim to be first to market with their innovations, a twofold increase from 2017 that surpasses that of larger banks. Half of medium-sized FIs prefer to observe market trends before rolling out new innovations. percent in 2017. percent to higher than that of large FIs.

article thumbnail

Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

Founded by Lamine Zarrad and George Kurtyka in 2017, Joust aims to help independent professionals find more financial stability and avoid late payments amid the irregular payment system for freelance work. Existing financial market infrastructure just isn’t built to provide this bundle.

Payments 143
article thumbnail

Asian Food Delivery Firm HungryPanda Raises $20M

PYMNTS

We bring global experience and expertise in this market, which has already made us the leader in a number of cities in the U.S., in 2017, and has since grown to 31 cities throughout North America, the U.K., This is an exciting time for this specialist market. HungryPanda was founded in the U.K. ANZ and Europe.

Capital 141
article thumbnail

How Airbnb Uses Payments To Stay Competitive

PYMNTS

The South Korean government indicated it intends to ease restrictions on urban hosts, as a homesharing bill was submitted to its parliamentary committee on culture, sports and tourism in 2017 — a move that would help normalize and boost the homesharing industry in the country. Read these and the rest of the latest headlines in the Tracker.

Payments 183
article thumbnail

India’s Tata Capital Introduces App For Commercial Loan Clients

PYMNTS

The app is easy to use, secure and provides a wealth of add-on features which will be useful for all customers,” Abonty Banerjee, chief digital and marketing officer told ExpressComputer on Thursday (May 7). The goal is to boost the user experience among companies with channel financing or term loans.

Capital 141