News

Artificial Intelligence
How Humans, Machines Can Join Forces To Catch Payments Fraud
November 12, 2019

To catch payments fraud, man and machine must work together. 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...

Regulation
Germany Urges EU To Crack Down On Big Tech Platforms
November 12, 2019

Germany’s Federal Minister for Economic Affairs Peter Altmaier wrote a letter to European Commissioner for Competition Margrethe Vestager, and asked for tighter regulations on Big Tech as part of a push to increase the region’s “digital sovereignty,” according to the Financial Times. Altmaier wants a...

Retail
Adidas To Shut Down Its Robotic Speedfactories in US, Germany
November 12, 2019

Adidas announced Monday (Nov. 11) that it will be closing its robotic “Speedfactories” in Atlanta and Ansbach, Germany, within 6 months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Microsoft Is ‘Strong Supporter’ Of California Consumer Privacy Act
November 11, 2019

Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
WeWork Co-founder Neumann Considered Bidding On Bankrupt Barneys
November 11, 2019

Former WeWork CEO and Co-founder Adam Neumann’s family office was in talks to buy Barneys New York when the embattled retailer was going through bankruptcy proceedings, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

Global Payments
Wirex Launches Multicurrency Visa Travelcard For APAC Customers
November 11, 2019

Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex Visa Travelcard, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Fintech Investments
 In India, Digital Payments Firms, Digital Lenders Grab VC Dollars
November 11, 2019

FinTech investment in India proceeds apace through the last few weeks of the year, with funding rounds extended to digital payments firms and digital lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On...
November 11, 2019

In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce events sets a new record. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
November 11, 2019

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that are struggling to obtain banking services and relying on cash to remain in operation. Get the Full Story Complete the...