News

B2B Payments
Solving B2B’s Back-Office (Digital Payments) Challenge
June 28, 2019

Banks and FinTech firms can leverage technology to bring B2B payments into the digital realm and to stop fraud before it happens. Easier said than done, at least In terms of tech deployments amid fragmented ERP and accounting systems. However, as Bill Wardwell, VP of strategy at...

Banking
EU Banks Fast-Track Instant Payments Post Libra Launch
June 27, 2019

In light of competition from Facebook and other tech firms and banking firms, the European Union could potentially have a real-time payments system in place by 2020, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and...

Investments
Grab Raises Another $300M To Accelerate SE Asia Expansion
June 27, 2019

Southeast Asia’s largest ride-hailing company, Grab, has raised $300 million from Invesco, an asset manager, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
IBM, Red Hat Deal Gets Go-Ahead From Brussels
June 27, 2019

Removing a hurdle for a large acquisition, Brussels has reportedly approved the $34 billion takeover of open-source software firm Red Hat by IBM. Antitrust officials in the European Union had considered concerns that the move could degrade service to competing products, or could reduce the...

Regulation
Can Politicians Give The Global Sharing Economy A Boost?
June 27, 2019

Puerto Rico is still trying to recover from 2017’s Hurricane Maria, and much of that effort involves getting more tourists to visit the island. The sharing economy could play a role in that and other recovery work — something the government has noticed. What’s going on...

International
Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)
June 27, 2019

The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology...

Regulation
Germany’s Regulators Could Crack Down On Internet Firms’ Crypto
June 27, 2019

The head of Germany’s Federal Cartel Office said on Thursday (June 27) that cryptocurrency backed by large tech companies could be put under a microscope by antitrust regulators, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

Europe
Volkswagen Rolls Out WeShare In Berlin
June 27, 2019

With a new carsharing service that is like GM’s Maven or Car2Go but has all-electric vehicles, Volkswagen is rolling out WeShare in Berlin. The company is debuting 1,500 Volkswagen e-Golf cars for its fleet of on-demand rentals in the European city, according to reports. Get...

Retail
Bringing On-The-Go, Health-Focused Fare To Automated Retail
June 27, 2019

To provide consumers with fresh, on-the-go food in an eco-friendly way, innovators in the culinary space are bringing salads and other options to vending machines. FRESH.BOWL, for instance, stocks its kiosks with locally sourced meals that are approved by nutritionists and made at its New...