News

Investments
Fountain Lands $23M To Grow Job Platform For Gig Workers
October 30, 2019

Fountain, a recruiting platform for gig and hourly workers, announced that it has closed a $23 million Series B funding round led by DCM. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Small Business Lawsuit Against RBS’s Restructuring Unit Begins
October 29, 2019

A trial has begun against the financial institution Royal Bank of Scotland (RBS) brought by a small business owner and former RBS client suing the bank for damages related to RBS’s disgraced Global Restructuring Group (GRG). Get the Full Story Complete the form to unlock...

Banking
Marqeta Reserve Gives Issuers Options To Prefund Digital Card Programs
October 29, 2019

Marqeta, a card issuing platform, has introduced a new service called Marqeta Reserve Financing, which is designed to help businesses incorporate a reserve financing option into their workflow, according to a release. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Jack Henry’s Payments Hub Connects 15 FIs To RTP Network
October 29, 2019

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Walmart, Green Dot To Develop FinTech Accelerator With Omnichannel Focus
October 29, 2019

Walmart and Green Dot have announced that they are going to develop a FinTech accelerator together and call it “TailFin Labs, LLC,” the companies said in a release. The accelerator will create new products, technologies and services that exist in the meeting place of retail...

Security & Fraud
DataVisor Launches Partner Program To Help Fraud-Proof Larger Businesses
October 29, 2019

Cybersecurity and fraud protection company DataVisor, which uses artificial intelligence to help with fraud solutions, has launched a program called ExtenD, with the intention of helping medium to larger businesses with their cybersecurity and fraud needs, the company said in a press release. Get the...

Partnerships / Acquisitions
Lyft Teams With Samsung To Offer Rewards For Galaxy Users
October 29, 2019

Samsung announced a partnership with Lyft on Tuesday (Oct. 29), where users can link their two accounts to earn points per dollar spent with the service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Tesco In Britain Adds Loyalty Card As Amazon Fresh Becomes Free
October 29, 2019

British supermarket group Tesco has announced it’s offering a loyalty subscription plan for customers, in an attempt to stay competitive with German-owned discounters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Russia’s Sberbank To Acquire Part Of Mail.ru Internet Firm
October 29, 2019

Russia’s Sberbank, which is trying to become more digitally inclined as a financial institution, said it is buying Gazprombank’s holding stake in Mail.ru, a Russian internet company, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...