News

News
Today In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
February 25, 2020

In today’s top payments news, Amazon opened its first cashierless grocery store, Revolut raised $500 million and aims to reach profitability by the end of the year and Mastercard warned that the coronavirus will negatively impact its first quarter revenue. Get the Full Story Complete...

Digital Banking
Digital Banking Apps Vs The Establishment
February 25, 2020

Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative to more staid financial institutions whose roots go deep, but may also seem a bit dazed by the pace of...

International
Taiwan Approves $2B Stimulus To Pad Coronavirus Effects, China Sees eCommerce Boom
February 25, 2020

The parliament in Taiwan has approved a $2 billion stimulus package to help soften the effects of the coronavirus on the region’s economy, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Shell Launches Fleet Card, Telematics Suite In India
February 25, 2020

British-Dutch oil and gas company Shell launched a suite of business to business (B2B) fleet solutions in India that address issues unique to the country, according to reports on Tuesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
Gojek, Grab Refute Merger Rumors
February 25, 2020

Southeast Asia’s ride-hailing giants Gojek and Grab are holding discussions about a possible merger, The Information reported on Tuesday (Feb. 25), citing sources, but the companies are denying that those talks are taking place. Get the Full Story Complete the form to unlock this article...

Retail
Privacy And Personalization Clash For Retailers
February 25, 2020

Retailers are facing a personalization paradox. Recent studies are showing counter trends right now that are proving the adage that consumers want what they want — even if it’s a contradiction. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Mastercard, Rakuten Viber Team To Bring P2P Transfers To Romania
February 25, 2020

Mastercard has expanded its partnership with Rakuten Viber to bring peer-to-peer (P2P) payments to Romania via Moneytou, which makes transferring money easy, quick and secure, Mastercard announced on Tuesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
eScooter Startup Bird Trials Payments Feature
February 25, 2020

Silicon Valley-based micromobility startup Bird is launching an in-app payments feature that enables its electronic scooter (eScooter) riders to buy from local merchants, Bird announced on Tuesday (Feb. 25).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Will Giving Brands A Voice Boost Conversation Commerce?
February 25, 2020

While the concept of a brand having a “voice” is not a terribly new idea, before this month it was more metaphorical and mostly a synonym for “style.” But the concept of brand voice took a turn for the literal this month with Amazon’s latest...