News

Mobile Payments
WhatsApp Awaits OK From India’s RBI To Launch Payments Feature
August 05, 2020

WhatsApp, the Facebook-owned messenger program, is expected to enter India’s payments market after becoming compliant with the country’s data-localization standards, according to a report from YourStory.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Helium 10 Offers Amazon Sellers Digital Wallet, Credit Approval With Alta
August 05, 2020

Helium 10 has launched its new Alta program, which will let Amazon sellers access “robust digital wallet, rapid approval credit lines, daily advances on Amazon payments, international direct payment and tax management,” according to a press release. Get the Full Story Complete the form to...

B2B Payments
Deem’s New Software Aims To Boost Corporate Travel Booking Services
August 05, 2020

Deem, which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Tampa Teen Pleads Not Guilty In Twitter Hacking
August 05, 2020

The 17-year-old Florida teenager accused of being the mastermind of a plot to hack prominent Twitter accounts pleaded not guilty Tuesday (Aug. 4) to the largest security breach in the social networking site’s 14-year history, the Tampa Bay Times reported. Get the Full Story Complete...

Retail
Disney+ Paid Subscribers Goal Met Four Years Earlier Than Planned
August 05, 2020

By most measures, 2020 has been less than magical for The Walt Disney Company. 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...

IPO
Rocket Trims IPO 39 Pct From $3.3B To $2B After Investors Reject Valuation
August 05, 2020

Rocket Companies, the parent of mortgage lending giant Quicken Loans, reduced its terms to go public, Bloomberg reported. 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...

Partnerships / Acquisitions
Microsoft Seeks To Wrap Up TikTok Talks Before Deadline
August 05, 2020

Microsoft plans to finish its acquisition talks with TikTok within the next three weeks, ahead of a Sept. 15 deadline, CNBC reported. Estimates on how much the deal would actually amount to range widely — from $10 billion all the way to $30 billion. Get...

Partnerships / Acquisitions
Tencent Urges Merger Of China’s Two Biggest Game-Streaming Platforms
August 05, 2020

Tencent Holdings, widely known for its mobile text and voice messaging service WeChat, is behind extensive talks to merge China’s biggest game-streaming platforms, reported Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
August 05, 2020

In today’s top news, Square reported strong second-quarter results, and COVID-19-related fraud has reached $100 million in the U.S. Plus, Walmart’s Sean Slovenski is stepping down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...