News

Investments
SoftBank CEO Not Satisfied With Firm’s Growth
October 08, 2019

So far, the CEO of SoftBank Group Corp. isn’t impressed with his accomplishments at his company. 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,...

Retail
Kroger, Walgreens Take E-Cigs Off Shelves
October 07, 2019

Popular grocer Kroger and pharmacy retailer Walgreens have announced they will no longer sell e-cigarettes, citing “the mounting questions and increasingly complex regulatory environment.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
SEC’s Moves To ‘Modernize’ ETFs Hint At Crypto Future
October 07, 2019

The U.S. Securities and Exchange Commission (SEC) is seeking to “modernize” the regulation of exchange-traded funds (ETFs) in a bid to make those investment vehicles more innovative, and give them quicker entrance to the market. Might that pave the way for the emergence of cryptocurrency...

Investments
Tide Raises $54.3M In Funding Round
October 07, 2019

Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
Bulgarian Fibank Joins SWIFT gpi
October 07, 2019

First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Former Google Exec To Lead AI Tech Division At OakNorth
October 07, 2019

OakNorth, a FinTech backed by SoftBank, has hired former Google executive Sunil Chandra to lead its artificial intelligence (AI)-based technology arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
EU Slaps Broadcom With Interim Anti-Competitive Order
October 07, 2019

The European Union’s antitrust enforcer Margrethe Vestager is handing down an interim order to U.S. chipmaker Broadcom to halt purported anti-competitive practices, the Financial Times reported on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Top News In Payments: PayPal Withdraws From Libra Association; OYO Notches $1.5B In Funding
October 07, 2019

Today in the payments news roundup, PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting in Washington, D.C last week. Also, OYO, an India-based hotel and booking startup, announced a $1.5 billion funding round, and Google is...

Regulation
Britain Is Considering Banning Crypto-Related Derivatives
October 07, 2019

Britain is reportedly considering banning the sale of derivatives involved with cryptocurrency assets, such as bitcoin. 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...