News

Investments
Goldman-Backed Vietnam Mobile Wallet Momo Snaps Up New Funds
January 18, 2019

Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Amid China’s FinTechs, Small Caps, Short Sales, Big Gains
January 18, 2019

For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs, this week has led to big gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Microsoft Admits That Cortana Can’t Compete With Alexa, Google Assistant
January 18, 2019

Microsoft is taking its digital assistant Cortana in a new direction as it has fallen behind Google Assistant and Alexa in the past year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Amazon Profile
Reliance To Battle Amazon And Flipkart For India eCommerce
January 18, 2019

Indian company Reliance Industries plans to open an eCommerce site geared toward small retailers, one that would rival Amazon and Flipkart, Financial Times reported on Friday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Five At Five: Apple And Preventative Healthcare
January 18, 2019

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest potential use for the Apple Watch, and Google’s own smartwatch move. Amazon has new SMB sales figures, PayPal offers interest-free advances and Volvo might have...

Mobile Payments
Will Apple Pay Pay Off in the Land Down Under?
January 18, 2019

Cash as king in the Land Down Under? Cash as the conduit to Apple Pay inroads in the Land Down Under? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
PayPal Offers Interest-Free Cash Advances To Federal Employees
January 18, 2019

To help those impacted by the government shutdown, PayPal is offering interest-free cash advances up to $500 to federal employees who are new or existing PayPal Credit customers. The move comes as 800,000 workers find themselves without a paycheck, the company said in an announcement. Get...

Retail
Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250...
January 18, 2019

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop...

Amazon Profile
How Kroger Is Taking On Amazon With Smart Shelves
January 18, 2019

Kroger’s smart shelving pilot is in its very early phases. The massive grocery conglomerate, which is the parent firm behind some 2,780 stores in the U.S., has so far fewer than 100 stores carrying the digitally-equipped shelves Kroger co-developed with Microsoft. Get the Full Story...