Top News In Payments: Zelle Transaction Volumes Reach $49B; WeChat Pay Launches New Smartphone Feature
Top News In Payments: Zelle Transaction Volumes Reach $49B; WeChat Pay Launches New Smartphone Feature
October 23, 2019  |  News

In today’s payments news, Zelle’s third-quarter results show that transaction volume increased by 73 percent. Also, Tencent’s WeChat Pay is launching a new payment function that allows people to...

READ MORE >
SoftBank-Owned WeWork To Cut 4,000 Jobs
SoftBank-Owned WeWork To Cut 4,000 Jobs
October 23, 2019  |  Partnerships / Acquisitions

WeWork, the embattled workspace company that was recently taken over by Japan’s SoftBank, will get rid of 4,000 jobs in an effort to become profitable. ...

READ MORE >
New Returnly Service Enables Global Online Returns
New Returnly Service Enables Global Online Returns
October 23, 2019  |  eCommerce

Silicon Valley’s post-purchase payments company Returnly has launched International Returns, a new solution that lets global shoppers return online merchandise from anywhere in the world,...

READ MORE >
Fabric To Expand Robotic Fulfillment With $110M Funding Round
Fabric To Expand Robotic Fulfillment With $110M Funding Round
October 23, 2019  |  Investments

Fabric, an automated logistics company that used to be called CommonSense Robotics, has raised $110 million in a Series B funding round led by Corner...

READ MORE >
NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
October 23, 2019  |  Bank Regulation

New York’s federal district court ruled that the U.S. Office of the Comptroller of the Currency (OCC) does not have the power to grant national...

READ MORE >
Cybersecurity Firm Firedome Lands $10M To Expand Into Business Protection
Cybersecurity Firm Firedome Lands $10M To Expand Into Business Protection
October 23, 2019  |  Investments

Firedome, a New York- and Tel Aviv-based cybersecurity startup, has raised $10 million in a Series A funding round with investment from Two Sigma Ventures,...

READ MORE >
Bill Daley Exits BNY Mellon After Less Than Five Months
Bill Daley Exits BNY Mellon After Less Than Five Months
October 23, 2019  |  Personnel

The Bank of New York Mellon’s (BNY Mellon) Bill Daley is stepping down after being appointed vice chairman in June, The Wall Street Journal (WSJ)...

READ MORE >
Connected Devices And Everyday Purchasing Experiences
Connected Devices And Everyday Purchasing Experiences
October 23, 2019  |  Today In Data

The physical and digital worlds are converging, as consumers own and use connected devices more than ever before. These technologies provide consumers with the freedom...

READ MORE >
How Beacons And Mobile Are Fueling Commerce Innovation
How Beacons And Mobile Are Fueling Commerce Innovation
October 23, 2019  |  Retail

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a...

READ MORE >