Garanti BBVA has rolled out a QR code service to facilitate transfers and cashless, cardless deposits and withdrawals for businesses, the company announced in a press release Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In today’s top news, Indian FinTech ZestMoney raises $15 million, the latest in a $63 million Series B funding round, and Federal Reserve Gov. Lael Brainard outlines the key risks posed by cryptocurrency. Plus, Apple, Amazon, Google and the Zigbee Alliance are teaming up to...
For PayPal, eyeing growth and eyeing new markets, the gaze is, at least in part, turned eastward. 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...
Europe’s highest court ruled that Airbnb is an “information society service” rather than a property broker or estate agent, TechCrunch reported on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The third decade of the 21st century is dawning with self-driving cars, the ability to rent almost anything and, best of all, instant money. But many financial institutions (FIs) are paying certain parties like it’s 1999. Get the Full Story Complete the form to unlock...
In a Series E round headed up by Abu Dhabi’s Mubadala state investment company, Spain’s on-demand delivery app Glovo has notched €150 million ($166 million) in funding. The company’s raise comes after a €150 million round that was announced in April and $134M in a Series C...
With a problem at the Federal Reserve that has since reportedly been fixed, direct deposits, as well as other financial transactions, were delayed on Thursday (Dec. 19). Banks were told about a “disruption” in the automated clearing house (ACH) network that brought about delays in...
PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform, PayPal said in a press release on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this...
The peace of mind parents get with child-tracking smartwatches has been turned upside-down. A cloud-based security flaw has been allowing unauthorized people to monitor children’s locations, as reported on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy...
