News

Europe
EU Executive Branch Calls For More ‘Technological Sovereignty’
September 30, 2019

The European Union’s executive branch has called for urgent action to reverse what it believes is the region’s heavy reliance on computer hardware and software from other countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
PayPal Open For Business In China
September 30, 2019

PayPal Holdings announced that it can do business in China after buying a controlling stake in a domestic payments firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
VCs, Execs Meet To Discuss State Of IPO Landscape
September 30, 2019

Hundreds of venture capitalists and high-level executives are meeting in Silicon Valley to discuss whether the current initial public offering (IPO) model is outdated and incorrect, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Top News In Payments: House Raises Antitrust Concerns Over Google’s Internet Plans, Nasdaq Moves To...
September 30, 2019

House Raises Antitrust Concerns Over Google’s New Internet Plans 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 form,...

Wearables
Fibank, Mastercard Team For Garmin Pay Transactions In Bulgaria
September 30, 2019

First Investment Bank (Fibank), Mastercard and Garmin have partnered for the Garmin Pay watch in Bulgaria, Fibank announced in a press release on Monday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
PayPal Opens For Business In China
September 30, 2019

PayPal has bought a majority stake in Chinese payments group Guofubao (NationPay), and has acquired a payments license in the country, according to a report by the Financial Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
WeWork Officially Shelves IPO
September 30, 2019

WeWork’s initial public offering (IPO) is suspended and the company is pulling out of its S-1 filing, CNBC reported on Monday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Will Tariffs Make Retail’s Holidays Less Than Festive?
September 30, 2019

It looks like tariff worries could take a bite out of retail spending this holiday season. According to new data out from AlixPartners cited by RetailDive, only 31 percent of consumers are planning to spend the same or more than they did in 2018. That...

Retail
Paint By Numbers Gets An AR Upgrade
September 30, 2019

Americans spend quite a bit of money each year attempting to be artistic. The combined revenue of America’s two largest arts and crafts shops, Hobby Lobby and Joanne’s, came in at over $7 billion in 2018 alone. Some of those consumers are knitting, sewing and painting, while...