News

Security & Fraud
Russia’s Sberbank Investigating Potential Client Data Leak
October 04, 2019

Russia’s Sberbank has been the victim of a client data leak. 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 Today. By completing...

Investments
Bird Scooter Valued At $2.5B With Latest Funding
October 04, 2019

Scooter company Bird has announced a $275 million Series D funding round, bringing its valuation to $2.5 billion. CDPQ and Sequoia Capital led the round, with the fresh capital being used to help Bird get closer to profitability, as well as enable ongoing vehicle research...

Partnerships / Acquisitions
Stripe Adds Tax Compliance To Merchant Services Offer
October 04, 2019

TaxCloud has announced the launch of a new integration with Stripe. 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 Today. By completing...

Merchant Innovation
Vendors Can Now Use Square For CBD Sales
October 03, 2019

Square has announced that it’s launching a CBD early access program, which will allow vendors in the United States to sell CBD products using Square. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Citi Appointed To Service $80B In Assets For Victory Capital
October 03, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Xoom Customers Can Now Send Money To South Korean Accounts
October 03, 2019

PayPal’s international money transfer service, Xoom, has announced that people in the United States, Canada and the U.K., as well as 31 other markets in Europe, can send money directly into bank accounts in South Korea. Get the Full Story Complete the form to unlock...

B2B Payments
NY AG Subpoenas 40+ Cos About MyPayrollHR Scandal
October 03, 2019

The state of New York is taking a closer look at the payroll technology industry amid the fallout from the collapse and scandal of MyPayrollHR, The Wall Street Journal reported Thursday (Oct. 3). Get the Full Story Complete the form to unlock this article and...

Retail
Apple Expected To Launch Budget-Friendly iPhone SE2 In 2020
October 03, 2019

A top analyst with a good track record for predicting Apple’s upcoming product releases said the company will release a smaller, cheaper iPhone next year in the first quarter, according to a report by CNBC. Get the Full Story Complete the form to unlock this...

B2B Payments
Notion Capital Goes After B2B SaaS With Launch Of Newest Fund
October 03, 2019

U.K.-based Notion Capital has announced the launch of its newest fund, Notion Capital Venture Fund IV, which will focus on investments in the B2B Software as a Service (SaaS) industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...