News

Global Payments
Sweden’s Anyfin Notches €8M; Oman Arab Bank Debuts NFC Rewards
May 14, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden-based Anyfin’s €8 million extended Series A funding round. Denmark’s Pleo has announced a $56 million Series B financing round led by Stripes, the number of merchants that accept Alipay...

Investments
Business Expense Card Co Pleo Raises $56M
May 14, 2019

Danish FinTech company Pleo, which touts a “business spending platform” that simplifies the expense management process for employees, has raised $56 million in a series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Danish Prosecutors Charge Another Former Danske Banker, Bringing Total To Nine
May 14, 2019

Prosecutors in Denmark have filed preliminary charges against another former executive of Danske Bank in relation to one of the biggest money-laundering scandals in the world, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Amadeus Teams With Elavon, Mastercard For Flight Payments
May 14, 2019

Amadeus, the travel technology solutions company, announced on Tuesday (May 14) that it has teamed up with Elavon and Mastercard to facilitate payments for Thai Airways. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Adobe, Amazon Team Up For D2C Selling
May 14, 2019

Adobe and Amazon have teamed up to ride the next wave of online shopping — direct-to-consumer (D2C) selling, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Deutsche Bank Taps Malaysian Instant Credit Clearing System
May 14, 2019

Deutsche Bank announced on Tuesday (May 14) that it is tapping Malaysia‘s instant credit clearing system, DuitNow, to process payments for corporate clients. In a press release, Deutsche Bank said the real-time fund transfer platform changes how corporate clients make and receive funds in Malaysia....

Partnerships / Acquisitions
Citigroup, Paytm Launch Credit Card In India
May 14, 2019

Citigroup is making a bigger push into India, partnering with Indian digital payments company Paytm to launch a credit card. As Reuters reported on Tuesday (May 14), the Paytm First Card will give Indian consumers 1 percent cash back on all transactions. For Paytm, the...

Retail
Google Makes Search More Shoppable
May 14, 2019

Google is going shoppable – everywhere. That is the takeaway from a newly published blog post, in which the online search giant announced that, going forward, users will be able to shop at pretty much any Google-associated spot. That will include Search, Google Images, YouTube...

Retail
Will Hard Kombucha Be The New Rosé?
May 14, 2019

Kombucha went from being something no one had ever heard of about a decade ago to being the favored fermented beverage of the trendy and cutting-edge. From brands big and small, kombucha options line the shelves of most grocery and convenience stores these days. The...