News

Payments Innovation
Ripple Announces Line Of Credit Offering
October 08, 2020

Enterprise blockchain service provider Ripple on Thursday (Oct. 8) announced a beta offering called Line of Credit that it says lets its FinTech customers use the XRP digital currency to send cross-border payments. The service is not available to individuals. Get the Full Story Complete...

News
Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
October 08, 2020

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Plus, Revolut launches a savings tool for kids. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Today In Payments Around The World: Flywire Joins Forces With BELTA; EMQ Provides High-Value Settlement...
October 08, 2020

In today’s top payments news around the world, Flywire has teamed with the Brazilian Educational & Language Travel Association on payment options for students studying abroad, while EMQ has begun to let firms transfer as much as $280,000 directly into banks in Japan. Plus, Just...

International
Philippine Government Considers Digital Bank Limits
October 08, 2020

The government of the Philippines is considering limiting the number of digital banks that operate in the country, Bloomberg News reported on Thursday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Financial Wellness Startup Bloom Credit Closes $13M Series A Funding Round
October 08, 2020

The New York-based financial wellness startup Bloom Credit announced on Thursday (Oct. 8) that it has secured $13 million in Series A funding, led by $10 million from Allegis NL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
Lyft Links Up Ride-Hailing With Epic’s Medical Records System
October 08, 2020

Ride-sharing firm Lyft is teaming up with Epic, which offers electronic health records (EHR), to offer services that will allow healthcare workers “to schedule a Lyft ride for a patient directly from that patient’s record,” Lyft announced in a Thursday (Oct. 8) blog post. Get the Full...

Retail
10.10 Shopping Festival Gains Traction With Kroger, Ulta
October 08, 2020

The big story for holiday retail so far this year has come down to one word: early. In previous years, Thanksgiving kicked off the season, but the pandemic has scuttled that tradition. This year, Oct. 13 is the day that Amazon, Best Buy, Target, Walmart...

Retail
Augmented Reality Expands Its Applications Amid The Pandemic
October 08, 2020

Augmented reality (AR) is finding some killer applications during the pandemic, most notably in the cosmetics and automotive businesses. Recent developments in both categories show striking progress for the technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Digital Kiosks Upgrade To Voice Commerce
October 08, 2020

The voice commerce category continues to find ways to be innovative. Case in point: Israeli startup Touchless.ai recently introduced a new intuitive voice management solution that turns any interactive kiosk into a touch-free, easy-to-use interface. The company believes the platform can solve the problem for restaurants and...