News

International
TikTok Explores Rebrand; Aims To Distance Itself From Chinese Roots
November 18, 2019

As it grows in popularity in the U.S., social video app TikTok wants to distance itself from its Chinese roots, with advisors and employees coming up with suggestions for rebranding strategies in that direction, according to a report in The Wall Street Journal. Get the...

Faster Payments
HSBC Launches Real-Time Payments For Businesses
November 18, 2019

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy...

News
Top News In Payments: Elavon To Buy UK Gateway Sage Pay; Germany To Make Digital...
November 18, 2019

In today’s top payments news, U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million. Also, Apple criticized the vote of German lawmakers to pass new legislation that would make it open up its mobile payment system to rival providers. And the U.S. recorded its...

Regulation
FinCEN Head Warns AML Crypto Rules Will Be Strictly Enforced
November 18, 2019

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco said on Friday (Nov. 15) that anti-money laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Ridesharing
Grab Expands Into Japan And Middle East
November 18, 2019

Grab has announced that it’s expanding so users of the ride-hailing service in Singapore, Malaysia and the Philippines will be able to book rides when they visit Japan and 13 Middle East countries, according to reports. Get the Full Story Complete the form to unlock...

Retail
Generational Differences Take Shape For 2019 Holiday Shopping Season
November 18, 2019

No doubt you’ve already heard your first Christmas carol or holiday song, and have seen your first TV ad for holiday shopping. The season is taking shape, and that means real and potential spending trends will emerge for retailers during the all-important coming weeks. Get...

B2B Payments
Australian B2B FinTech Tyro Payments To IPO
November 18, 2019

Australian B2B FinTech Tyro Payments is looking to go public and is pursuing a $1 billion valuation with its float on the Australian Securities Exchange (ASX), the Sydney Morning Herald reported Monday (Nov. 18). Get the Full Story Complete the form to unlock this article...

Delivery
US, UK Delivery Workers Can Now Access Bolt eBike Subscriptions
November 18, 2019

Sydney, Australia-based Bolt Bikes is expanding eBike subscriptions to the U.K. and U.S. to serve gig delivery workers, as reported on Monday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Africa Gains Global FinTech Investor Favor
November 18, 2019

The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough to lure FinTech investment from investors across the globe, to the tune of hundreds of millions of dollars this year alone.  Get the...