News

Loyalty & Rewards
Amex: The Race For Rewards Dominance Is Slowing
December 10, 2019

American Express (Amex) said there is finally some relief from the rewards war that has been raging for the past three years, Bloomberg reported on Tuesday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Pear Raises $160M To Back Seed-Stage Startups
December 10, 2019

Venture capital firm Pear has announced $160 million in new fundraising to fuel its next wave of investments, with a focus on seed-stage B2B startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Telleroo Integrates B2B Payments Function For SMB Accountants
December 10, 2019

Telleroo, a U.K.-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable
December 10, 2019

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg.  Get the Full Story Complete the form...

Partnerships / Acquisitions
Latest Prosus Offer Snubbed By Just Eat
December 10, 2019

Just Eat has once again turned down an offer from Netherlands-based Prosus, saying the deal still “significantly undervalues” the company, the Financial Times (FT) reported on Tuesday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
India Bill Aims To Tighten Regulations For Tech Data Collection
December 10, 2019

India has proposed new rules regarding how technology companies use data, and the proposal is similar to Europe’s GDPR regulation, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Yumi Raises $8M To Grow Fresh Baby Food Business
December 10, 2019

A baby food delivery startup named Yumi has raised $8 million in a funding round backed by some of the most notable names in Silicon Valley, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
FinCEN Director: Bankers, Lawyers Provide Valuable Information To Deter Crime
December 10, 2019

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco told bankers and lawyers at a conference Dec. 10 that the information they report provides important data for agents, analysts and investigative personnel, according to his prepared remarks. Get the Full Story Complete the form to...

B2B Payments
Usio Broadens Footprint In B2B Invoice Payments Market
December 10, 2019

Accounts payable invoice automation provider Invoice Stream is integrating its technology into payments services provided by Usio. 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...