News

Investments
WeGift Raises £4M In Funding To Boost Expansion To US
June 28, 2019

Digital rewards platform WeGift announced that it has raised £4 million (nearly $5.07 million USD) in Series A funding, led by Fred Destin at Stride.VC, who is also joining the company’s board of directors. Additional high-profile investors included SAP.iO and Unilever Ventures, as well as...

Point of Sale
myPOS Launches Its First Store In Belgium
June 28, 2019

European payments provider myPOS announced that it has opened a store in Antwerp, Belgium. 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...

Retail
Walmart Expands Next-Day Delivery
June 28, 2019

Walmart is expanding its next-day delivery service before the start of back-to-school shopping season. 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...

B2B Payments
Solving B2B’s Back-Office (Digital Payments) Challenge
June 28, 2019

Banks and FinTech firms can leverage technology to bring B2B payments into the digital realm and to stop fraud before it happens. Easier said than done, at least In terms of tech deployments amid fragmented ERP and accounting systems. However, as Bill Wardwell, VP of strategy at...

Banking
EU Banks Fast-Track Instant Payments Post Libra Launch
June 27, 2019

In light of competition from Facebook and other tech firms and banking firms, the European Union could potentially have a real-time payments system in place by 2020, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and...

Investments
Grab Raises Another $300M To Accelerate SE Asia Expansion
June 27, 2019

Southeast Asia’s largest ride-hailing company, Grab, has raised $300 million from Invesco, an asset manager, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)
June 27, 2019

The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology...

Europe
Volkswagen Rolls Out WeShare In Berlin
June 27, 2019

With a new carsharing service that is like GM’s Maven or Car2Go but has all-electric vehicles, Volkswagen is rolling out WeShare in Berlin. The company is debuting 1,500 Volkswagen e-Golf cars for its fleet of on-demand rentals in the European city, according to reports. Get...

Retail
Bringing On-The-Go, Health-Focused Fare To Automated Retail
June 27, 2019

To provide consumers with fresh, on-the-go food in an eco-friendly way, innovators in the culinary space are bringing salads and other options to vending machines. FRESH.BOWL, for instance, stocks its kiosks with locally sourced meals that are approved by nutritionists and made at its New...