News

Partnerships / Acquisitions
Audi Teams With Fleet Monitoring Co For On-Demand Services
May 31, 2019

Audi has completed a trial with Israeli company Fleetonomy to improve the overall efficiency and utilization of its on-demand services, which could eventually lead to a wider rollout of the Israeli company’s fleet-monitoring and management services. Get the Full Story Complete the form to unlock...

Retail
Juul Considers Brick-And-Mortar Push For eCigarettes
May 31, 2019

Juul Labs, the company that makes the popular vaporizer, might be set to launch retail stores in the United States. A source told Reuters that the company has not made a final decision on the stores, which would only admit people aged 21 and over....

Investments
Startup Pillar Aims To Help Students Pay Down Debt
May 30, 2019

A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
JPMC Customers Leave For Higher-Interest Alternatives
May 30, 2019

Deposit growth at banking giant JPMorgan Chase is slowing because customers are taking out money and stashing it in accounts at other banks that have higher interest rates, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

Ridesharing
Uber Leasing Program Helps Drivers Who Can’t Afford Cars
May 30, 2019

Ride-hailing giant Uber has teamed up with a leasing startup called Fair to help drivers without credit, or with low capital, secure a car, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Wearables
Apple, Xiaomi Lead Wearables’ 55 Pct Annual Growth
May 30, 2019

Shipments of wearables like Apple’s AirPods and Samsung headphones reached 49.6 million units during Q1 of 2019, a 55.2 percent increase from 2018, according to the International Data Corporation (IDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Dashlane Raises $100M, Names New CMO
May 30, 2019

Credential and digital identity management solution company Dashlane announced Thursday (May 30) it raised $110 million in funding and appointed Joy Howard as chief marketing officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Global Payments
Indonesia Rolls Out Standard QR Payment Codes; UAE Sees Rise In Outbound Remittances
May 30, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Western Union‘s rollout of an international money transfer service in Thailand. Remittances out of U.A.E. are on the rise with the take-off of digital transfers; Fortumo and Elisa have...

Faster Payments
What It Takes To Enable Instant Earned Wage Access
May 30, 2019

Deciding to offer employees instant access to earnings means employers must make a slew of decisions — including how much pay will be made available and how often. In this month’s Faster Payments Tracker, Bellco Credit Union (CU) HR Payroll Administrator Theresa Sanders discusses how...