News

Payment Methods
Online Sports Gambling Makes Bet On Faster Payments
January 08, 2019

Few things feel better than the rush of a winning streak — money bet on a football or baseball team, or a sporting event, that turns into a pile of dough after a victory or beating the spread. But that excitement can quickly deflate if...

Loyalty & Rewards
Ondot CEO: Rewards Are ‘Table Stakes’ — Cardholders Now Expect Experiences
January 08, 2019

There’s more to consumer life than purchase history — and more to card acquisition, too. This implies that there are more pleasing perks to cardholders than rewards. Consumers want engagement and experiences, and issuers that can provide that can not only gain new customers, but...

Artificial Intelligence
Sensory CEO On Voice-Activated Technology’s Next Big Wave
January 08, 2019

In 1994 the fastest imaginable connection to the internet was a 28.9 kbps dial-up modem and email was still mostly a new thing that many people were writing off as a fad. There was no such thing as Amazon.com for the first half the year and...

Retail
KitchenAid Develops A New Smart Oven
January 07, 2019

KitchenAid, a home appliance company founded in 1919, announced on Monday (Jan. 7) that it is releasing the brand’s first connected oven, the KitchenAid Smart Oven+. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Instant Brands Teams With Google On Voice-Command Instant Pot
January 07, 2019

Instant Brands, the maker of the Instant Pot, announced a new collaboration with Google during the CES show being held in Las Vega this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Amazon Key Now Compatible With Ring
January 07, 2019

Amazon announced this week during the Consumer Electronics Show (CES) in Las Vegas that it would be expanding its Amazon Key program, which lets packages get delivered inside houses for Prime members, according to VentureBeat. Get the Full Story Complete the form to unlock this...

Investments
Grabango Raises $12M To Expand Product Development, Tech Deployments
January 07, 2019

Grabango, the Silicon Valley startup, announced Monday (Jan. 7) that it raised $12 million in venture funding. 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...

Investments
RBS Buys 25 Pct Stake In FinTech Loot, Preps For Online Bank
January 07, 2019

Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot, a U.K. FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Global Payments
Wirecard, Ctrip Roll Out Multi-Currency Card; Missguided Launches ‘Pay Later’ Option
January 07, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip’s multi-currency Visa cards for customers in China. In addition, U.K. fashion retailer Missguided is offering a pay later option through Klarna, and Nordic payments...