News

Retail
BoA: Amazon’s Prime Day Boosted Retail Sales In July
August 14, 2019

A new report has revealed that Amazon’s Prime Day — along with promotions by other retailers — led to a boost in July retail sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Sixty LATAM Banks Use Bitcoin To Process Cross-Border Payments
August 13, 2019

Bantotal, a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
SEC Probing First American Financial’s Data Breach
August 13, 2019

The U.S. Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. Get the Full Story Complete the form...

Regulation
FTC Chief Says Breaking Up Big Tech Is On The Table
August 13, 2019

The chief of the U.S. Federal Trade Commission (FTC) said he’d he’d be willing to break up tech companies if necessary, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
AI Convo Platform Uniphore Gets $51M For Global Growth
August 13, 2019

Conversation artificial intelligence (AI) company Uniphore, which is a platform to help companies with customer service and data needs, raised $51 million in a series C funding round to continue its expansion into North America from India. Get the Full Story Complete the form to...

Investments
China’s Terminus Technologies Raises $283M For Smart City Development
August 13, 2019

The cross-border investment and asset management firm China Everbright Limited is leading a $283 million Series C1 funding round for Terminus Technologies, Deal Street Asia reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Domino’s Pizza Pedals Delivery Using Custom eBikes
August 13, 2019

Domino’s Pizza is rolling out an eBike partnership to ensure food is delivered in the most efficient way possible, the company said in a press release on Tuesday (Aug. 13). Saying a bike is often the solution to traffic congestion and parking challenges, the company...

Investments
WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation
August 13, 2019

Digital payments startup QFPay, the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners, TechCrunch reported on Tuesday (Aug. 13).  Get the Full Story Complete the form to unlock this...

Retail
Snap Unveils Third Generation Of Spectacles
August 13, 2019

With new 3D effects included for Snapchat use, Snap has reportedly introduced its third generation of wearable sunglass cameras called Spectacles. Users can, for instance, capture 3D snaps that have an effect of side-to-side depth due to dual-angle cameras, according to reports. Get the Full...