News

Digital Banking
Revolut Enables Direct Debit Payments For UK Clients
November 28, 2019

Revolut has announced the launch of GBP Direct Debits, a new feature for its global financial retail and business platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Brazil’s Magalu Platform Allows For Product Pickups At Sellers’ Stores
November 28, 2019

Technology company Linx has partnered with digital retail platform Magazine Luiza (Magalu) for a new delivery option for customers in Brazil, according to a press release. Now, sellers on the marketplace can use physical stores as pickup points for items. Get the Full Story Complete...

Security & Fraud
Interpol Rethinks Position On Encryption
November 27, 2019

Outcry from the technology sector and civil liberties advocates has caused the global police organization Interpol to hold off on publicly criticizing the spread of encryption, unnamed sources told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Major Retailers’ Prices Stay Steady Despite Tariffs
November 27, 2019

Some retailers in the U.S. have been absorbing the costs of the ongoing trade war with China, including Walmart and Amazon, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Funding Circle Broadens Loan Choice For SMBs
November 27, 2019

Online small business lending platform Funding Circle is launching a new feature for U.S. small businesses to be able to choose from three approved loan options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
India’s Bounce Notches $150M For Affordable Scooter Rentals
November 27, 2019

Bangalore-based startup Bounce has raised roughly $150 million in a Series D funding round led by existing investors Eduardo Saverin’s B Capital and Accel Partners India, as reported on Wednesday (Nov. 27), citing two sources. Get the Full Story Complete the form to unlock this...

International
TikTok Pushes For Separation From China
November 27, 2019

ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC.  Get the Full Story Complete the form to unlock this article and...

News
Top News In Payments: Alexa Can Now Help Manage Medications, Facebook Bid Against Google For...
November 27, 2019

In today’s top payments news, Amazon Alexa users can now receive medication reminders and make voice requests for refills. Also, Facebook has reportedly been revealed as “Party A” in the attempt to acquire health tech company Fitbit. And profits are being pushed over progress as Silicon Valley...

Partnerships / Acquisitions
PayPal Expands Instant Transfers With Mastercard
November 27, 2019

PayPal has extended its Instant Transfer feature into Singapore and Europe, according to a press 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 to our daily...