News

Retail
Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change
September 08, 2020

Consumers are living in stressful times, and Patrick Gauthier, vice president at Amazon Pay, told PYMNTS in a recent interview that merchants working to prepare for retail’s new normal should start by addressing that. Get the Full Story Complete the form to unlock this article...

Faster Payments
On Demand Pay Finds A Home In Financial Services
September 08, 2020

Unemployment remains stubbornly high, yet pockets of resilience emerge. 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,...

International
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
September 08, 2020

MarketFinance, a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit, the Israeli asset manager, to go toward lending for the U.K. Coronavirus Business Interruption Loan Scheme (CBILS) initiative to help businesses affected by the pandemic, the company said...

Partnerships / Acquisitions
Worldline Needs To Clear EU’s Antitrust Hurdles In Ingenico Deal
September 07, 2020

Worldline, the French payments company currently in talks for a 7.8 billion euro deal to buy fellow payments giant Ingenico, might need to go through some concessions to the EU’s European Commission before the deal can be completed, Reuters reports. Get the Full Story Complete...

Investments
Anchanto Raises $12.14M In Funding Round
September 07, 2020

Singaporean Software-as-a-service company Anchanto took home S$16.6 million ($12.14 million USD) in a funding round, according to a report from Business Mirror. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Berkshire Hathaway Sells $2.5B Stake In Wells Fargo
September 07, 2020

Warren Buffett has once again reduced his company’s investment in Wells Fargo & Co., favoring Bank of America (BoA) instead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
China To Roll Out Global Data Security Standards
September 07, 2020

China is debuting a new initiative to set worldwide standards for data security, according to a new report from The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
While Car Sales Decline, Prices Are Higher Than Ever
September 07, 2020

Auto sales, disrupted by the coronavirus pandemic, are at an odd junction this year with far fewer sales than normal, but higher prices, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Klarna Debuts Social Shopping In The UK
September 07, 2020

Klarna, the global payments and shopping service based in Sweden, has redesigned its app for users in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....