News

Banking
Banking Innovation Enters New Era; Consolidation Now The Rule
December 09, 2020

In what’s beginning to feel like something of a trend in recent years, the payments landscape has seen its latest big global consolidation. Italian payments processor Nexi SpA recently announced plans to purchase private equity-owned rival Nets A/S, creating Europe’s biggest payments firm by volume. Get...

Security & Fraud
Privacy Regulations, Developing Trust Leads To New Revenue Streams for FIs
December 09, 2020

The pandemic has spurred consumers to go online for all manner of daily activities — and the fraudsters are following them. The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or...

Artificial Intelligence
NEW REPORT: The Banks’ How-To Guide To Using AI To Manage Credit Risk
December 09, 2020

Managing credit risk used to be a reactive process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

B2B Payments
FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World
December 09, 2020

When Home Depot announced last month its plans to acquire HD Supply Holdings, it wasn’t just a sign of expansion for the home improvement retailer. The takeover signaled an evolution of the company’s business model from a traditionally business-to-consumer (B2C) seller, to one that includes...

Merchant Innovation
Design Matters: Data Analytics Take Lead In Designing User Experiences That Drive Sales
December 09, 2020

Beautifully designed user experiences are, unfortunately, not always good user experiences. As digital analytics firm Air360 Founder Florent Defontis told Karen Webster in a recent conversation, the trouble is that what a user experience (UX) designer likes is often very pretty and elegant, but that...

IPO
DoorDash Prices IPO At $102 A Share For About A $39 Billion Valuation
December 08, 2020

DoorDash priced shares for its initial public offering (IPO) at about $102 apiece, giving the popular food-delivery company an approximately $39 billion valuation, according to reports from The Wall Street Journal (WSJ) and other media. Get the Full Story Complete the form to unlock this...

IPO
Robinhood In Talks With Goldman On Possible 2021 IPO
December 08, 2020

Robinhood Markets, the popular stock trading app, is working with Goldman Sachs for its initial public offering (IPO) preparations, which could value the company at $20 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Pet Scams Rise As Holiday Buyers, At-Home Workers Seek New Pets
December 08, 2020

It’s one of the most timeless holiday moments and unforgettable gifts; unwrapping a giant box to reveal the adoring eyes of a new puppy or kitten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Unit Raises $18.6 Million For Banking Integration
December 08, 2020

Unit has raised $18.6 million in a funding round to go toward the startup’s goal of providing a way for third parties to integrate banking services through an application programming interface (API), according to a report from TechCrunch. Get the Full Story Complete the form...