News

Fintech Investments
Line To Expand Into Payments, FinTech To Avoid Complacency
March 28, 2019

Line, the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and other FinTech services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Wearables
Fitness Trackers Could Mean Insurance Savings For Pet Owners
March 28, 2019

MoreThan has partnered with PitPat — which offers a FitBit type device for dogs — and will offer up to £100 in cash rewards for people who help their furry friends meet specific health goals. Get the Full Story Complete the form to unlock this...

Investments
FinTech Startup Qupital Raises $15M For Chinese Expansion
March 28, 2019

FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
Can AI Turn Banks Into FinTech Firms?
March 28, 2019

There are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years ago as a fad for digital financial services companies, or a niche product for a subset of consumers, is now “top of mind”...

Investments
Smartwatch And AI Startup Mobvoi Close To $1B Valuation With Google’s Help
March 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Worldpay To Open Offices In New Zealand, Australia
March 27, 2019

U.K.-based payments company Worldpay said it will expand to Australia and New Zealand in an effort to take on more established payments services like Visa, Mastercard and American Express, according to report by Reuters. Get the Full Story Complete the form to unlock this article...

Banking
Lazada To Expand Its Financial Services
March 27, 2019

Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Global Payments
Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection
March 27, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up between Mercari and Line for payments in Japan. Mobile payments are on the rise in Malaysia, bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and...

IPO
A Tale Of Two IPOs
March 27, 2019

Part of the breathless anticipation over initial public offerings (IPOs) ties into seeing how they will perform right out of the gate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...