News

B2B Payments
Xerox Digs Heels Into Accounts Payable Sector
March 28, 2019

Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. 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...

B2B Payments
Banco Santander, BBVA, Others Adopt SWIFT gpi
March 28, 2019

SWIFT’s global payments innovation (gpi) has gathered steam in Spain, while separately new APIs are being made available to banks through a network to help speed onboarding and other activities. Plus, Apple makes a small acquisition of an API-focused firm.

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...