News

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...

Investments
UK’s Trouva Raises $22M To Support Non-Amazon Sellers
November 27, 2019

London startup Trouva has raised £17 million ($21.8 million) in funding to grow its online marketplace featuring independent boutiques, as reported on Wednesday (Nov. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Russia To Bring National Payment System To UK
November 27, 2019

Russia is partnering with PayXpert to test its national payment system MIR in London, RT.com reported on Wednesday (Nov. 27). 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
Early Holiday Deals Trigger 15 Pct. YOY Spike In Nov. Retail Spending
November 27, 2019

A late Thanksgiving means retailers faced less time to offer holiday shopping deals, so many of them compromised by simply starting sales early. According to TechCrunch, the move has paid off, with consumers having already spent $50.1 billion online since Nov. 1. Get the Full...

Biometrics
China Tech Giants Push For Face ID Standards
November 27, 2019

Tencent, Xiaomi and Ant Financial are among the Chinese tech giants partnering with artificial intelligence (AI) firm SenseTime in an effort to standardize the facial recognition industry, Abacus reported on Wednesday (Nov. 27). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Police Raid Prompts Pope To Appoint New Vatican Financial Head
November 27, 2019

On the heels of a Vatican banking scandal and subsequent police raid, Pope Francis appointed senior Bank of Italy official Carmelo Barbagallo, 63, to head the Vatican’s Financial Information Authority (AIF), Reuters reported on Wednesday (Nov. 27). Get the Full Story Complete the form to...

Retail
When Subscription Boxes Help Coaches Step Up To The Training Plate
November 27, 2019

Coach Crates CEO and Founder David Wodzisz’s experience in baseball has been both on and off the plate. When he started coaching travel ball after college, he noticed that, as was the case during his playing days, a lot of practices were the same, “day...