News

Investments
Monday.com Snags $150M; Considering Future IPO
July 31, 2019

Workplace collaboration platform Monday.com has announced it has raised $150 million in Series D funding, led by its new investment partner, Sapphire Ventures. The company said it is going to use the funding to expand its platform, adding more features and functionalities. Hamilton Lane, HarbourVest Partners, ...

Payment Methods
dLocal Expands Cross-Border Payments To New Markets
July 31, 2019

FinTech dLocal, which specializes in cross-border payments for emerging markets, has announced its expanded its payments network to include Indonesia, Ecuador and Bolivia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Researchers Find iPhones Vulnerable To Attack
July 30, 2019

Two researchers, Natalie Silvanovich and Samuel Groß, who work alongside Google’s security initiative Project Zero, have found some “interactionless” malicious bugs in iOS that allow hackers to take control of an iPhone through iMessage without even making the victim engage with the texts or click...

Security & Fraud
US Lawmakers Respond To Capital One Data Breach
July 30, 2019

The Capital One data breach that affected millions and spawned an investigation by the New York attorney general as well as a class-action lawsuit, has a new set of detractors: U.S. lawmakers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Capital One Hack Prompts Lawsuit, NY AG Probe
July 30, 2019

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Stackin’ Scores $4M In Funding, Adds Digital Banking Features
July 30, 2019

Startup Stackin’ announced it has raised $4 million in Series A funding and is also launching no-fee checking and savings in conjunction with the virtual Radius Bank, according to reports. The accounts will earn a 1 percent annual percentage yield. Get the Full Story Complete...

Alternative Finances
Why Consumers Need Digital Banks To Be Better, Not Just Cheaper
July 30, 2019

Not having enough money can be a very expensive — a genuine problem for the more than two-thirds of all American workers who report living paycheck to paycheck. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
JPMorgan To Take On Industrial And Commercial Bank Of China
July 30, 2019

JPMorgan has announced it will go “full force” in China to take on the state-run Industrial and Commercial Bank of China (ICBC), which is the biggest bank in the world, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...

Payment Methods
Houzz To Launch First Credit Card, Co-Branded With Mastercard
July 30, 2019

Home remodeling and design platform Houzz Inc. is launching its first private-label credit card with Mastercard and Alliance Data. 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...