News

Latin America
MercadoLibre’s FinTech Unit Expands LATAM Credit Offerings
January 24, 2020

Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Proposed Laws Could Make Washington Leader In AI Regulation
January 24, 2020

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. The legislation homes in on digital profiling as well as biometric screening and is part of a wider list of bills related...

B2B Payments
BankUnited Blames Food Delivery Apps For Restaurant Debt Stress
January 24, 2020

U.S. bank BankUnited says restaurant debt in its small business loan portfolios is showing signs of stress, and is blaming food delivery apps like Uber Eats for the problem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Grubhub Chief Says He’s Open To Deals
January 24, 2020

The CEO of GrubHub Matt Maloney has denied rumors that the company is looking to sell, but he did say he was open to a merger, although there are no current offers on the table, according to the New York Post. Get the Full Story...

News
Wells Fargo Fallout, New Amazon Payments Top Week’s News
January 24, 2020

It’s that time again — the weekend! But before you really sink into your fun and relaxation, allow the latest edition of the PYMNTS Weekender to catch you up on the all the big news from the past seven days. Amazon is making new moves...

B2B Payments
Saltbox Opens Co-Warehousing Space For SMBs
January 24, 2020

To provide small- to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Ridesharing
Vancouver Finally Approves Uber And Lyft
January 24, 2020

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Takeaway.com’s Just Eat Buyout Faces Regulatory Setback
January 24, 2020

After a British competition body said it would probe its purchase of Just Eat, food delivery firm Takeaway.com said the forecasted timetable for its takeover would be longer than expected. Takeaway.com said in a statement that Just Eat would be known as Just Eat Takeaway.com...

News
Top News In Payments: TCH Increases RTP Threshold; Verizon Teams With Synchrony For Card
January 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on...