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Softbank and Alibaba invest $445m in Paytm

The e-commerce arm of Indian FinTech giant Paytm has raised $445 million from Japan's Softbank and China's Alibaba. Softbank is pumping $400 million into Paytm...

India’s Paytm collects 8 million new users after cash clamp down

Paytm has reportedly added 8 million new users in the two weeks after the Indian government announced the replacement of the country’s highest-denomination bank...

Alibaba invest $680 million in Paytm

Alibaba Group has made a strategic investment of $680 million in One97 Communications, the parent company of Paytm. Alibaba now becomes a new investor in the...

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Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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