News

Payments Innovation
What Innovators Can Learn From Netflix
September 14, 2020

Netflix Co-founder and CEO Reed Hastings has written a new book about building the video-streaming powerhouse that now has nearly 200 million subscribers globally, as of the end of July. In the book, he freely admits that his formula might not work for every company....

Mobile Payments
Uber Eats Updates Its App To Pay Tab While Dining In
September 14, 2020

Uber Eats has introduced a contactless ordering feature that will work when diners are eating in a restaurant as the fight against COVID-19 continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Disrupting The Remittance Market One Corridor At A Time
September 14, 2020

The pandemic, and the international trail of economic chaos it has wrought, has thrown the growing importance and relevance of readily available digital remittance products into stark relief worldwide, Volopa Director Jay Wissema told Karen Webster, as both senders and receivers have been forced by...

eCommerce
Online Retail’s Next Phase: From Adapt To Accelerate
September 14, 2020

Overnight changes in consumer habits are usually rare, with inertia and habit difficult to overcome under normal circumstances. But circumstances have been far from normal this year, making consumers receptive to change in ways never seen before, according to Chris Abele, vice president of digital commerce...

Partnerships / Acquisitions
Oracle Looks Victorious As Clock Tick-Tocks Down On Deadline For A TikTok Sale
September 14, 2020

Oracle appeared to win the TikTok “sale or no sale” negotiations Sunday night, as several sources reported it had been chosen over Microsoft for U.S. control of the controversial social media app. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam
September 13, 2020

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Deloitte Becomes First Of Big Four To Break Up Business
September 13, 2020

Deloitte will be the first of the “Big Four” auditors to break up its business after selecting a new auditing board to undertake the task, according to a report from The Telegraph. Get the Full Story Complete the form to unlock this article and enjoy...

International
Report: Oracle Winning Bidder Of TikTok, Microsoft Out
September 13, 2020

Oracle Corp. beat Microsoft Corp. in a bid to take over TikTok’s video-sharing app’s U.S. operations Sunday (Sept. 13) days before President Donald Trump threatened to shut it down, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
SoftBank Considers Going Private After Asset Sales, Report Says
September 13, 2020

Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of its individual holdings, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy...