News

Retail
Charting A Sharing Economy Course For Boat Rentals
July 29, 2019

Entrepreneurs sometimes start companies after careers of launching organizations — and they may want to find an industry that they are passionate about for their next ventures. For Boatsetter Co-Founder and CEO Jaclyn Baumgarten, that interest was boating. Her happiest memories as a kid were...

Retail
Amazon To Enter Food Delivery Business In India
July 29, 2019

With a move that could make an increasingly crowded market more competitive, Amazon is reportedly planning to roll out a food delivery service in India. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed...

Partnerships / Acquisitions
Fiserv-First Data Merger Is Complete
July 29, 2019

The big deal is now complete: Fiserv announced this morning (July 29) that it has completed its acquisition of First Data Corporation. The two massive firms first inked the deal earlier this year, which will see Fiserv purchase First Data for $22 billion in an all-stock transaction. Get...

Retail
Regal Unveils Unlimited Movie Subscription
July 29, 2019

To let consumers see a limitless number of movies, Regal announced a paid subscription plan called Regal Unlimited. The pass is to be available on the company’s mobile app and enables moviegoers to select between three different plans based on theater location, according to an...

Digital Banking
Deep Dive: How AI And Automation Are Changing Digital Banking In India
July 29, 2019

Many Indian consumers are making their first forays into the digital financial ecosystem as demonetization continues to shrink the country’s age-old reliance on cash. To accommodate this shift and the nation’s growing number of internet and smartphone users, tech giants like Amazon and Facebook are...

B2B Payments
FX Volatility Bears Down Corporate Bottom Lines
July 29, 2019

Geopolitical volatility has analysts urging businesses to hedge against foreign exchange risks as trade tensions rise in Asia and the U.S., and as Brexit continues to loom. Unfortunately, the latest analysis of corporate earnings suggests bottom lines are taking a significant hit as a result...

B2B Payments
Payoneer On The Hunt For India Lender Partner
July 29, 2019

Cross-border B2B payments firm Payoneer has inked a new collaboration with Saudi-based payments processing company PayTabs. 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...

B2B Payments
BEC Scams Nearly Double Over Three Years
July 29, 2019

Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data shows a boost in the number of incidents and the value of the fraudulent transactions overall, according to a new report.  Separately, in the states, the Inspector General has found that...

Investments
Indifi Raises $21.32M Series C Round
July 29, 2019

Indian B2B lender Indifi raised a $21.32 million (Rs 145 crore) Series C round led by CDC Group. 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...