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Dublin-headquartered聽NomuPay聽has raised $53.6 million to expand its cross-border payment platform.NomuPays聽Unified Payments Platform聽is built for regions seeing high growth in cross-border and eCommerce and currently simplifies payments throughout Southeast Asia, Turkey and Europe, the company said in a Wednesday May 31 press release.The platform is designed to solve the challenges global enterprises face when dealing with multiple countries, payment types, payment use cases, channels and regulations, NomuPay CEO聽Peter Burridge聽said in the release. At NomuPay, we remove the burden of multiples by unifying fragmented payment networks, Burridge said in the release. stanley de In the face of continued technological, market, method and data fragmentation, we provide companies with an all access pass to global payments, enabling enterprise to continue to expand globally and to future-proof payment strategies. NomuPays platform augments companies existing payment infrastructure, using a single application programming interface API integration to enable omnichannel payments acceptance and pay out disbursements, according to the release.The platform provides payment solutions that are scalable as well as capabilities around data management and repo stanley france rting, the release said.The companys Se stanley water bottle ries A funding round was led by聽Finch Capital, and NomuPay will use the new funding to scale the business in its core markets, add new markets and continue to invest in product development, per the release. Kjgp How PNC Is Adapting To The Rise Of AI

For as high as Alibaba stock has soared and more recently as precipitously as it has dropped, some theorize that its journey in the latter direction is far from over.A new story from聽Barron postulates an additional 50 percent decline in Alibaba stock price, citing economic struggles in China, increased eCommerce competition and scrutiny of the company culture and operations.According to Barron , the rise in popularity of Alibaba rivals like JD are cutting into the market share of Alibabas retail platform Tmall, as well as its merchant site Taobao. Additionally, the outlet attests, Alibaba offerings outside the realm of online shopping 鈥?such as video hosting site Youku Tudou and the company movie production arm 鈥?are operating in the red.In light of those circumstances, the Barron story finds Anne Stevens stanley cup on-Yang, founder of Chinese research firm JCapital Research, questioning the validity of Alibaba claims of a 55 percent growth rate for the past three years and yearly revenue increases averaging 56 percent. Alibabas financial reports have broken free of verifiable reality, Stevenson-Yang is quoted as saying, and have reached an escape velocity that doesnt comport with Chinese government figure stanley cup s of overall retai stanley usa l sales, consumer spending or online commerce. Alibaba Vice President of International Media Robert Christie denied to Barron that the companys figures such as its assertion