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...
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...
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...
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...
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...
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...
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...
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...
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...