News

B2B Payments
How Diversified Funding Readies India’s Startups For The Future
January 22, 2020

India’s technology startup community is enjoying its moment in venture capitalists’ spotlight. 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...

Investments
Stasher Snags $2.5M To Help Travelers Stow Their Luggage
January 22, 2020

Popular luggage storage app Stasher has secured another $2.5 million in financing thanks to Venture Friends and other investors, including former hotels.com president Johan Svanstrom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application
January 22, 2020

Grab, Razer, AirAsia, Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
SoftBank Joins Berkshire Grey’s $263M Funding Round For Retail Robotics
January 22, 2020

Robotics and artificial intelligence company Berkshire Grey has raised $263 million in Series B financing to continue providing global Fortune 100 companies with retail, eCommerce and logistics fulfillment automation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
IBM Announces Policy Lab To Help Ensure ‘Trustworthy’ Tech
January 22, 2020

With the new IBM Policy Lab, IBM is looking to regulate artificial intelligence (AI) development in a way that is safe, but does not infringe upon the creation of new technology, reports said. The lab, soft-launched in November, will allow IBM the space and time...

Regulation
Data Sharing: The Magic Merchants Need To Smooth The SCA Speed Bumps
January 22, 2020

The rollout of PSD2’s Strong Customer Authentication (SCA) has been a bit bumpy, to say the least. A year ago (when the rollout was still officially on the calendar for September of 2019), merchants, acquirers and issuers all over the European Economic Area (EEA) were...

Retail
Trust And Speed Light A New Path To Omnichannel Retail
January 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payments Innovation
EMVCo: Majority Of Payment Cards (8.2B) Are Chip-Enabled
January 22, 2020

More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75 percent of all cards are now enabled with EMV chip technology. Get the Full Story...

Security & Fraud
Tourism Data Hack Leads Greek Banks To Cancel Thousands Of Their Cards
January 22, 2020

All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. After consumer information was compromised on a tourist website, Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece each cancelled...