News

Payment Methods
PayPal Invests In Staffing, Acquisitions And Payment Tech In India
August 14, 2019

As PayPal reaches saturation points in Western markets, it wants to continue to expand internationally, especially in India, where the country’s 450 million mobile users make it an attractive target for retailers. Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
For Cryptos, Geopolitics And Liquidity Don’t Mix
August 14, 2019

Cryptos and liquidity do not go hand in hand, especially not where geopolitics is concerned. 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
Shopify Launches Chat
August 14, 2019

The 800,000-plus merchants on the Shopify platform can now talk to customers in real-time with Shopify Chat, VentureBeat reported on Wednesday (Aug. 15).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
UK Biometrics Firm Failed To Protect Sensitive Data
August 14, 2019

A large breach of personal data, including one million fingerprints, facial recognition info, passwords and other sensitive information, was found to be publicly accessible by a company that provides centralized data access for security organizations, according to a report by The Guardian. Get the Full...

Partnerships / Acquisitions
Canada’s Neuvei, Novacap, Finalize $889M Deal For Payment Firm SafeCharge
August 14, 2019

Payment technology firm Nuvei, a portfolio company of Canadian private equity firm Novacap, acquired omnichannel payments firm SafeCharge International Group for $889 million, Novacap said in a press release on Wednesday (Aug. 14). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
OYO To Take On Airbnb With Vacation Rental Venture
August 14, 2019

India-based hotel and booking site OYO – which is the fastest-growing hotel chain in the world, according to the company – said it will invest $335 million into its European vacation rental venture, with the goal of expanding further and potentially competing with Airbnb, according...

Investments
Activate Capital Leads Carpool Startup Scoop’s $60M Raise
August 14, 2019

Corporate carpooling startup Scoop raised $60 million, bringing its total funding to $106 million since its 2015 launch, TechCrunch reported on Wednesday (Aug. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
New App Pinpoints Card Skimmers On Gas Pumps, ATMs
August 14, 2019

As credit card skimmers have gotten smarter, they have also gotten easier to detect, thanks to Bluetooth broadcasting that announces the presence of enabled devices. Now there is an app that can wirelessly reveal the thievery technology, as reported on Wednesday (Aug. 14). Get the...

Retail
Why The Future Of Social Media Might Be About Thinking Smaller 
August 14, 2019

The world of social media can be a rough sea to sail in. There are plenty of pleasant corners of course — filled with family vacation photos, cats, how-to videos, some top-shelf dad jokes, fashion advice and opportunities to purchase all kinds of useful and...