News

Delivery
Ola Refocuses Indian Food Delivery Business
May 22, 2019

Ola, the Indian ride-hailing startup, is overhauling its food business. 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 daily newsletter, PYMNTS Today. By completing this...

Security & Fraud
Wirecard Partners With India To Create Digital Taxpayer ID Cards
May 22, 2019

Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) to facilitate the issuing of physical and digital taxpayer identification cards. Get the Full Story Complete the form to...

Global Payments
Thyngs Teams With CDS Global; Alipay Partners With Turkish FinTech
May 22, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Thyngs work with CDS Global to support contactless payments for subscriptions of magazines in the U.K. and Australia. Currencycloud is teaming with Lithuania’s Evarvest for cross-border payments, Alipay and ininal...

B2B Payments
Bill.com Debuts AI Business Payments Platform
May 22, 2019

Corporate payments technology firm Bill.com is rolling out a new platform designed to deploy artificial intelligence (AI) for automated workflows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Truecaller Denies Hack As User Info Emerges On Dark Web
May 22, 2019

Data from Truecaller, the Swedish caller identity app company, is reportedly being sold in private internet forums, including data on customer phone numbers and email addresses of users around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Alternative Finances
Startup Helps Millennials Finance Rent, Move-In Expenses
May 22, 2019

In 2010 a small, obscure New York State political party grabbed a lot of viral attention with a video by its candidate for the governorship, Jimmy McMillan. McMillan’s party name and his message are one in the same: “The Rent Is Too Damn High.” Get the...

Payment Methods
Cards Taking Over Cash In Emerging Economies
May 22, 2019

In several emerging nations, where disposable income may be on a general uptrend, lumpy though that trend may be, as cash use is stable or declines, then spending via credit and debit cards also rises. Get the Full Story Complete the form to unlock this article...

Retail
Unexpected eCommerce Boost Pushes Earnings Beat For Target
May 22, 2019

Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing analyst predictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
How eTailers Level Up Their Checkout Game
May 22, 2019

To prevent consumers from leaving their carts behind before they pay, businesses need to have strong online checkout processes that convert online shoppers into customers. The aim is to head off the real and pertinent issue of checkout abandonment, which, according to some estimates, happens...