News

Biometrics
World Economic Forum: Facial Recognition Poses Privacy Risk
October 04, 2019

As more nations mull tapping into facial recognition technology to bolster security, an expert at the World Economic Forum said governments should consider the privacy of individuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Building The ‘Super App’ For The African Market
October 04, 2019

This week, Cellulant – an Africa-focused payments services firm – is announcing a big play to build the comprehensive “catch-all app” for consumers in the African market. The company will rebrand its consumer product, Mula – heretofore calling it Tingg – but the change will...

News
Top News In Payments: Square Unveils CBD Early Access Program; New York Examines Payroll Tech...
October 04, 2019

Today in the payments news roundup, Square is rolling out CBD early access program that will allow U.S. vendors to sell CBD items. Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. And Japan’s SoftBank is...

eCommerce
Flipkart Sees 50 Pct. New Customer Growth During Big Billion Days
October 04, 2019

Flipkart, India’s largest eCommerce site, registered 50 percent growth in new users during its Big Billion Days sale, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Credit Karma Debuts High-Yield Savings Account
October 04, 2019

Credit Karma, a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Apple’s Missed Shot, Marcus Loss And Fraud Prevention Top Week’s News
October 04, 2019

Life is never boring in the world of payments and commerce, and the newest edition of the PYMNTS Weekender report is proof of that. This week’s coverage includes a deep dive into a big potential misstep for Apple, woes at Goldman’s Marcus, a new Visa...

Alternative Finances
Payday Lending Laws Drive Traffic To Pawn Shops
October 04, 2019

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. By definition, a pawnbroker offers loans on items that are not accepted as collateral by traditional banks or lenders. Items that typically...

Investments
Indian Delivery Startup Dunzo Notches $45M
October 04, 2019

Dunzo, an Indian delivery service that differentiates itself with fast delivery times and a business model that delivers practically anything, has raised $45 million in a Series D funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Florists’ Association Teams With First American For eCommerce, Payments
October 04, 2019

The PFS Floral Cooperative Association (PFS), created to help florists run their local businesses and compete with larger chains, has teamed up with First American Payment Systems, a global payment technology company, according to a release. Get the Full Story Complete the form to unlock...