News

News
Intuit’s Credit Karma Deal, Buy Buttons, Restaurant Apps Top This Week’s News
February 28, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Mapping Startup WhereIsMyTransport Raises $7.5M From Google, Toyota
February 28, 2020

WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 million in a Series A funding, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Today In Payments: Walmart Takes Aim At Amazon Prime With Subscriptions; Great Hill Partners Acquires...
February 28, 2020

In today’s top news, Walmart is working on a new paid subscription program to compete with Amazon Prime, and Great Hill Partners acquired the digital insurance payments solutions vendor One Inc. Also, PayPal warned of a 1 percent drop in its first-quarter 2020 revenue. Get...

International
Coronavirus Closes Tokyo Disneyland, Large Events Banned In Switzerland
February 28, 2020

Tokyo Disneyland will be closed from Saturday (Feb. 29) to at least March 15 due to concerns over containing the spread of the coronavirus, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Afterpay Now Has More Customers In US Than Down Under
February 28, 2020

In its half-yearly financial results, Australian FinTech firm Afterpay Limited reported more customers in the United States than in Australia. The company said it had 3.6 million active customers in the U.S. – a 443 percent rise from the same time last year. Meanwhile, it had 3.1...

International
Corona (Beer) Takes Hit From COVID Naming
February 28, 2020

Someday this will be a marketing case study. You’re Constellation Brands. One of your leading brands is Corona beer. Then out of China comes a virus that has your name on it. You’re blowing up on social media for all the wrong reasons. And to...

Retail
Japan Regulators Want Rakuten To Shelve Free Shipping Offer
February 28, 2020

The Fair Trade Commission in Japan (JFTC) has asked eCommerce company Rakuten to delay its plans to offer free shipping, which would take effect on March 18th, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

International
China’s Halting Return To Work Signals US Supply Chain Headwinds
February 28, 2020

In a way, it’s a strange reminder of the 80/20 rule. 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...

Biometrics
IBM, Vatican and Microsoft Team Up On AI, Facial Tech Regulation
February 28, 2020

Microsoft and IBM have teamed up with the Vatican to call for ethical and responsible use and regulation of artificial intelligence (AI) and facial recognition technology, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...