News

eCommerce
Pinterest Pivots Toward Shopping With Pinterest Partners
June 18, 2019

Pinterest has rebranded its third-party partner program Marketing Partners into Pinterest Partners to facilitate a greater number of shopping experiences on its platform, according to a report by Retail Dive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payments Innovation
Western Union Shares Dip On News Of Facebook Crypto
June 18, 2019

Shares in Western Union have fallen on Tuesday (June 18) on the news that Facebook is going to release a new cryptocurrency called Libra, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
BoE Warns Cyberattacks By State Actors Pose Larger Threat
June 18, 2019

A senior policymaker at the Bank of England said a cyberattack by a state actor could corrupt British banks’ records over a period of a few months, and present a risk that banks might not be able to protect against on their own, according to...

B2B Payments
How Corporates Are Driving US RTP Adoption
June 18, 2019

Adoption of real-time payments in the U.S. has been slow, particularly compared to other markets like the U.K. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. Get the Full Story Complete the form to unlock...

Investments
Gig Worker Insurance Startup Zego Raises $42M
June 18, 2019

Zego, a London-based startup that provides insurance for gig workers, has raised $42 million in a Series B funding round, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
India Wants WhatsApp To Make Messages Traceable
June 18, 2019

India is asking messaging service WhatsApp to put a digital fingerprint on every message sent by the service, but without breaking the encryption, according to a report by the Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Razorpay Notches $75M In Series C Round
June 18, 2019

In a Series C round led by Sequoia India and Ribbit Capital, online payments firm Razorpay has notched $75 million in funding. Y Combinator’s Continuity Fund and Tiger Global Management, who are existing investors, also joined the round in the Bengaluru-based firm, DealStreetAsia reported. Get...

Partnerships / Acquisitions
Twitch Buys Bebo In eSports Push
June 18, 2019

To strengthen its eSports efforts, Amazon-owned streaming video site Twitch has acquired Bebo. The two platforms are said to work on growing the eSports business of Twitch, and Twitch Rivals in particular, according to reports. Get the Full Story Complete the form to unlock this...

Retail
Making Everyday Function Luxurious
June 18, 2019

How many handbags the average woman owns is a matter of some debate. On the low end the estimates are around five, and upper-end estimate seem to fall at 11. Whatever the actual number, it is fair to say two things. First, the handbag industry...