News

B2B Payments
In Banking, The Line Between SMB And Consumer Can Blur
August 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized: firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations. Get the Full Story Complete...

Cross-border Payments
Economic Strength In China Paralyzed As Trade War Forges Ahead
August 14, 2019

High unemployment combined with weak production and consumption point to an ever-slowing economy in China as the trade war with the U.S. continues, The Wall Street Journal reported on Wednesday (Aug. 14). Get the Full Story Complete the form to unlock this article and enjoy...

Banking
SoftBank’s New ‘Operating Group’ Encourages Startup Collaborations
August 14, 2019

In an effort to create a relationship between its portfolio of investors, SoftBank has created an “operating group” within its Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
BoA: Amazon’s Prime Day Boosted Retail Sales In July
August 14, 2019

A new report has revealed that Amazon’s Prime Day — along with promotions by other retailers — led to a boost in July retail sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
AI Convo Platform Uniphore Gets $51M For Global Growth
August 13, 2019

Conversation artificial intelligence (AI) company Uniphore, which is a platform to help companies with customer service and data needs, raised $51 million in a series C funding round to continue its expansion into North America from India. Get the Full Story Complete the form to...

Investments
China’s Terminus Technologies Raises $283M For Smart City Development
August 13, 2019

The cross-border investment and asset management firm China Everbright Limited is leading a $283 million Series C1 funding round for Terminus Technologies, Deal Street Asia reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Domino’s Pizza Pedals Delivery Using Custom eBikes
August 13, 2019

Domino’s Pizza is rolling out an eBike partnership to ensure food is delivered in the most efficient way possible, the company said in a press release on Tuesday (Aug. 13). Saying a bike is often the solution to traffic congestion and parking challenges, the company...

Investments
WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation
August 13, 2019

Digital payments startup QFPay, the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners, TechCrunch reported on Tuesday (Aug. 13).  Get the Full Story Complete the form to unlock this...

Retail
Snap Unveils Third Generation Of Spectacles
August 13, 2019

With new 3D effects included for Snapchat use, Snap has reportedly introduced its third generation of wearable sunglass cameras called Spectacles. Users can, for instance, capture 3D snaps that have an effect of side-to-side depth due to dual-angle cameras, according to reports. Get the Full...