News

Payments Innovation
Payments Execs Weigh In On Innovation For The Roaring 2020s
June 26, 2019

The 2010s are almost over — get ready for the 2020s. PYMNTS queried 29 payments execs to get a sense of the most important payment innovations of the last 10 years, with ripple effects still being felt. Hindsight is 20/20, and useful as we get...

Payments Innovation
BofA Debuts Digital Debit Card
June 25, 2019

Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Walmart Expands EBT Grocery Card Acceptance Online
June 25, 2019

Walmart will now accept SNAP (Supplemental Nutrition Assistance Program) to pay for online grocery orders at all of its pickup locations, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
G20 Finance Board: Libra Will Need To Be Watched Closely 
June 25, 2019

Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra at the G20 summit in Japan, but that regulators will need to closely watch the proposed cryptocurrency, according to a report by Reuters....

Partnerships / Acquisitions
Brex Taps i2c To Expand, Upgrade Card Features
June 25, 2019

Digital banking and payments processing company i2c has announced that Brex, a corporate card for entrepreneurs and growing businesses, is “leveraging the i2c payment platform to power the next phase of growth and rapid innovation,” according to a release.  Get the Full Story Complete the...

Investments
Digital Manufacturing Platform Carbon Raises $260M
June 25, 2019

Carbon, a digital manufacturing platform, has raised more than $260 million in a funding round led by Baillie Gifford and Madrone Capital Partners, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
India-Based Banking Startup Open Raises $30M To Help SMBs
June 25, 2019

A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Grab Backs UK Startup Splyt Technologies
June 25, 2019

In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. Through the technology, Grab users venturing beyond that region can make ride reservations and have...

Partnerships / Acquisitions
P27 Nordic Payments Platform Teams With Mastercard
June 25, 2019

Mastercard and P27 Nordic Payments Platform have teamed up to provide the Nordic market with a real-time and batch payments system, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...