The Federal Trade Commission (FTC) is refunding over $2.6 million to small businesses that were scammed by A-1 Janitorial, a New York-based office supply company, the FTC said in a press release on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock...
Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report. Get the Full Story Complete the form...
Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. That trend promises to get even bigger in 2020. As well, more personalization seems likely to come to...
In today’s top payments news, Amazon tells sellers they can no longer use FedEx Ground for Prime shipments, and Paris retailers suffer massive sales dips due to a public transport union strike. Also, Citi and PayPal expand their collaboration for global mass payouts. Get the...
Los Angeles-based Pepper has raised $5.6 million in seed funding from Upfront Ventures, Lerer Hippeau and Manta Ray Ventures, as reported on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Corporate accounting standards are headed for more changes after the International Accounting Standards Board (IASB) proposed changes to how businesses report operating profit, the Financial Times said on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In a move to prevent technology giants from having an unfair advantage, Japan is planning to increase regulations and demand transparency, Reuters reported on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Russia-based diamond producer ALROSA is partnering with technology firm Everledger and Tencent’s social platform WeChat to sell diamonds to Chinese retailers using a blockchain platform, ALROSA announced in a press release on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this...
Before it brings advanced self-driving features to cars intended for personal use, Toyota Motor Corp plans to deploy them in commercial vehicles first. Toyota Research Institute-Advanced Development (TRI-AD) Chief James Kuffner said it will be easier to apply tech that doesn’t need direct, constant human...
