News

Regulation
EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers
January 23, 2020

New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according to Reuters. The news means that Chinese 5G provider Huawei Technologies could be affected.  Get the Full Story Complete the...

Partnerships / Acquisitions
WeWork Unloads Business Software Company In Pursuit Of Profits
January 23, 2020

WeWork has sold its business management software company Teem and also the minority stake it had in startup The Wing, to focus its business going forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Helbiz eScooter Sharing App Taps Alipay For Mobile Payments Offering
January 23, 2020

Micro-mobility giant Helbiz announced a partnership with mobile payments platform Alipay, which will allow customers a wider breadth of access to Helbiz’s eScooters, eBikes and other devices for easy riding through Italy. Get the Full Story Complete the form to unlock this article and enjoy...

International
PayPal, UnionPay Deal Expands Chinese Cross Border Commerce
January 23, 2020

This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores. Burberry, LVMH, Richemont and Gucci owner Kering had...

Investments
Canapi VC Firm Commits $545M To Boost FinTech Startups
January 23, 2020

Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable investor base. Canapi Ventures, which specializes in early to growth-stage FinTech companies, will be working to provide funds to a new generation of...

Security & Fraud
Entersekt, Netcetera Team Up On eCommerce Payment Security
January 23, 2020

FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. 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...

Partnerships / Acquisitions
RS2 To Acquire Germany’s Kalicom Digital Payments System
January 22, 2020

Global payments provider RS2 announced its acquisition of Kalicom Liebers Zahlungssysteme KG on Wednesday (Jan. 22), which will be a boost for its goals in the field of payments processing, according to reports. Get the Full Story Complete the form to unlock this article and...

International
Int’l Chamber Of Commerce Teams With Singapore Gov’t In Digital Commerce Push
January 22, 2020

The International Chamber of Commerce (ICC) and the government of Singapore have teamed up, along with other industry partners, on an initiative to speed up digital adoption in global trade and commerce, according to an ICC release.  Get the Full Story Complete the form to...

Retail
Virtual Gaming Grows Into A Force For Tourism And Even Atlantic City
January 22, 2020

With every passing year, it becomes harder and harder to talk about, or even think about, the global digital and mobile ecosystem without considering the place of gaming within that world. And now comes along another bit of news that further drives home that point....