News

B2B Payments
UK FinTech Seeks License To Bank Crypto Firms
February 10, 2020

London FinTech startup DAG Global is going after the first merchant bank license in the U.K. that serves cryptocurrency businesses, multiple reports indicated on Monday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Fiserv, SAP Team For Simpler B2B Payments
February 10, 2020

FinTech firm Fiserv is partnering with software company SAP to help worldwide B2B companies streamline payments and improve working capital, Fiserv announced on Monday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Ridesharing
India’s Ola Enters London To Rival Uber
February 10, 2020

India’s ride-hailing platform Ola is now in London – where Uber faces the threat of being banned – after teaming up with industry leaders DriveTech, Mercer and Pearson, the company announced in a press release on Monday (Feb. 10). Get the Full Story Complete the...

News
Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In...
February 10, 2020

In today’s top news, Chinese tech investments in the U.S. have plummeted in recent years, and ransomware cyberattacks have skyrocketed. Also, Karen Webster compares Uber’s path over the last 10 years to Amazon’s and discusses what we can learn from their similarities. Get the Full...

Security & Fraud
Chinese Ties To Equifax Hack Signal Tough Questions On IP, Trade
February 10, 2020

Not long ago, it seemed that Iran was the central cyberthreat to the U.S., at least in terms of immediacy. 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
DOJ Indicts Four Chinese Army Spies For Equifax Hack
February 10, 2020

Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history, according to The Wall Street Journal. Get the Full Story Complete the form to unlock...

Retail
Early Days: AI Shows Promise And Limitations For Retailers
February 10, 2020

This is easy. Hire a data scientist. Or reassign the ones you have. Give said scientist(s) a budget to lease a Tensor Flo server with Google and start parsing transaction data. Use data to build an algorithm. Start creating more customer data to feed the...

Retail
Taking A Sharing Economy Approach To Hotel Booking
February 10, 2020

Roost Co-founder and CEO Sam Tate went on an extended vacation two summers ago after his junior year of college. It was a “month-long solo backpacking trip to Europe,” he told PYMNTS in an interview. Tate visited many cities on the excursion, which was also the...

Retail
Simon, Taubman Join Forces To Save The Mall
February 10, 2020

As retail owners face the challenge of decreased foot traffic and store closures brought on by the rise of eCommerce, mall owners have been aiming to change their properties with the introduction of dining options, entertainment and other features. And two mall owners are joining...