Pine Labs, a leading merchant commerce platform, launched Plural on Thursday, marking its entry into the online payments space. Backed by years of strong technological capabilities, the company said it now aims to reinvent the space through a suite of online payment products focused on speed, security, and user experience. The firm said Plural is … Read more
Amsterdam-listed Prosus, which is majority owned by South African holding company Naspers Ltd., said its payments and fintech subsidiary PayU will pay 345 billion rupees, equivalent to $4.72 billion, for BillDesk in an all-cash deal. Prosus shares rose 5% Tuesday following the announcement. The acquisition will bring Prosus’s cumulative investment in Indian tech to more … Read more
Xiaomi is bringing in offerings like gold loans, credit line cards and insurance products as it looks to provide the full spectrum of financial services across payment, lending and insurance in India, its India head Manu Jain said. Speaking with PTI, Jain said these financial services will be offered in partnership with organisations like … Read more
The Seattle-based company says the service is highly secure, and uses algorithms and hardware to create a person’s unique palm signature. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Amazon has introduced a new biometric system that will allow people to use … Read more