News

Investments
Germany’s Cluno Raises €140M To Grow Car Subscription Fleet
September 25, 2019

Germany-based car subscription service Cluno announced that it has raised €140 million in debt financing. 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,...

Regulation
FTC Discusses Antitrust Laws In Testimony To US Senate
September 24, 2019

The Federal Trade Commission (FTC) revealed details about its recent testimony before the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Israel Approves New Digital Bank
September 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Marshalls Unveils New Online Store
September 24, 2019

Marshalls launched its new eCommerce store at Marshalls.com on Tuesday (Sept. 24). The site is a mix of curated products that continuously change, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Eyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
September 24, 2019

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for the Chinese payments company.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
FinCEN Director Sees Digital Identity As National Security Issue
September 24, 2019

The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth A. Blanco, gave a speech at the 2019 Federal Identity (FedID) Forum and Exposition on Tuesday (Sept. 24), to talk about digital identity today, how safe it is and what the agency is doing to...

Regulation
PayPal’s iZettle Acquisition Draws Fine From UK Regulator
September 24, 2019

The Competition and Markets Authority (CMA) in the U.K. has levied a fine against PayPal for breaking rules regarding marketing in the country when it acquired iZettle for $2.2 billion, according to a report by the Financial Times. Get the Full Story Complete the form...

News
Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics...
September 24, 2019

Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. consumers. Also, Microsoft has launched a new tool to aid businesses in managing their brands online called Dynamics 365 Commerce. And the CEO and founder...

Delivery
What’s Driving The Future Of Autonomous Delivery?
September 24, 2019

Even boats are becoming autonomous these days — another sign of the autonomous revolution that is playing out on college campuses, city streets and in the air above our businesses and homes. That said, the disruption taking place these days — and the disruption that...