News

B2B Payments
SMB Payroll Outfit P&I Re-Acquired By Hg
December 23, 2019

U.K. private equity firm Hg is reportedly set to acquire small business payroll software company Personal & Informatik (P&I) several years after first acquiring the firm then divesting a majority stake. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
PayPal CFO Says Appetite For Acquisition Will Continue Into 2020
December 23, 2019

Payments company PayPal recently acquired Chinese payment platform GoPay, and it wants to continue to complete such deals, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Turkish Hacker Convicted Of Apple Blackmail Attempt
December 23, 2019

A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards by falsely claiming he had access to iCloud and other Apple accounts, various outlets reported on Monday (Dec. 23). Get...

Investments
Klarna Co-Founder Among Swedish Startup Execs Funding Social Change
December 23, 2019

The leaders behind Klarna, Minecraft and Candy Crush Saga are joining other startup founders and H&M’s founding Persson family to fund firms that are trying to solve the world’s biggest problems, the Financial Times (FT) reported Monday (Dec. 23). Get the Full Story Complete the...

Regulation
SEC Investigates Unicorns Direct Listings
December 23, 2019

Might unicorns have their wings clipped – just a bit? 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 newsletter, PYMNTS Today. By completing this...

Security & Fraud
Mastercard Acquires RiskRecon To Boost Cybersecurity
December 23, 2019

Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
i2c Introduces Digital Banking To Aid Colorblind Individuals
December 23, 2019

Digital banking and payments firm i2c is introducing a banking website and mobile app designed to assist those with colorblindness, the company announced Monday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Curating Themed Socks For The Holidays (And Year-Round) Through Subscriptions
December 23, 2019

Say it with a Sock Founder Daniel Seeff started his sock subscription business with his wife before they were married. 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
Using Dynamic Pricing To Take On Food Instability
December 23, 2019

A food desert is defined as a geographic area where mainstream grocery services are either very limited or absent, leaving consumers in those areas with limited access to fresh produce and meats at affordable prices. There is no one type of place where food deserts...