News

Delivery
Delivery Apps, Market Saturation Push UK Restaurants Into Bankruptcies
January 31, 2019

British restaurants hit a milestone in 2018 — the number of insolvent ones hit an all-time high, and has even doubled since 2010, according to report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Databases Don’t Store Intelligence — Getting Past AI Misconceptions
January 31, 2019

Artificial intelligence is making the leap from the imagination of sci-fi authors and computer scientists into consumer and corporate life. But even as the theories become reality, the general idea about AI — the lens through which the technology is viewed — often carries with...

Banking
Why Banks’ Immune Systems Need Both AI And Human Boosts
January 31, 2019

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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Banking
Bank of America Stock, Can Be Traded For Free
January 30, 2019

Bank of America is giving free trades to its most loyal members, according to a report by Bloomberg. The bank will expand the eligibility for free trades on stocks and exchange-traded funds to the upwards of 5.25 million customers enrolled in the bank’s preferred rewards...

Investments
China To Launch Board For Listings Of Tech Companies
January 30, 2019

China could be gearing up to take on New York and Hong Kong when it comes to listing technology companies on the stock exchange, publishing draft rules for a startup board that is similar to Nasdaq. Get the Full Story Complete the form to unlock...

Payment Methods
Curve Shut Out By Amex Days After Announcing Support
January 30, 2019

Curve, the U.K. FinTech that enables customers to consolidate bank cards into a Curve card, was shut out by American Express just two days after announcing it had reinstated support of AmEx. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Stripe Raises $100M On A $22.5B Valuation
January 30, 2019

Stripe, the San Francisco digital payments startup, has landed a $100 million investment from Tiger Global Management, boosting its valuation above $20 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Global Payments
Lightspeed Rolls Out Integrated System; Central JD Fintech Unveils Dolfin Wallet
January 30, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the roll out of a new payment solution from Canada’s Lightspeed.  In addition, Central JD Fintech is introducing the Dolfin wallet in Asia, and AMS Public Transport Holdings Limited along...

Retail
Why The Avon Lady Is Learning To Knock On Digital Doors
January 30, 2019

Though Avon in some ways the great-grandfather of every direct-to-consumer brand out there today, when the company got its start in 1836 the original goal wasn’t even to sell cosmetics or beauty products at all. Avon founder David McConnell was an itinerant book salesman who...