News

Banking
Paving Mobile Banking’s Path To Success
May 22, 2019

The customer journey in banking begins with offering a wealth of data when opening an account. As Jim Priestley, chief revenue officer at Feedzai, tells PYMNTS, mobile banking is changing financial services — so banks must change the ways they approach account openings, too.

International
After US Blacklist, Huawei Weighs Its Options For Phones
May 21, 2019

After a blacklist by the United States, Chinese Telecom giant Huawei is considering creating its own operating system for its mobile phones and will also consider alternatives to Google’s Android, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...

Investments
AI-Driven Sales Startup People.ai Raises $60M In Funding Round
May 21, 2019

An artificial intelligence (AI)-driven predictive sales startup called People.ai has raised $60 million in a funding round, and has attracted some of the biggest-name investors around, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
IBM’s $34B Bid For Red Hat Subject To EU Regulator’s Approval
May 21, 2019

IBM has bid $34 billion for the software company Red Hat, but the deal is subject to approval by EU antitrust regulators, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Global Payments
Monese Brings Apple Pay To 13 Countries; UK Retailer Iceland Tests Mobile Wallet Tech
May 21, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the results of a ranking of cities and states in terms of digital payments adoption in India. Banking service Monese now offers Apple Pay through 13 countries in Europe, as...

Digital Banking
German FinTech Raisin Eyes US Expansion
May 21, 2019

German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., 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 —...

Investments
Marqeta Valued At $2B After $260M Fundraising
May 21, 2019

Marqeta, the global card issuing platform, announced on Tuesday (May 21) that it has raised $260 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...

Retail
The Persuasive Power Of Luxury Pajamas
May 21, 2019

While there aren’t too many universally common experiences among human beings, eating and sleeping will always and everywhere make the list. Of the two, eating is the more obviously monetizable activity, since food (or something like it) is something than can be sold directly to a...

Retail
How Connected Consumers Tap Into In-Store Smartphone Shopping Features
May 21, 2019

Smartphones fit squarely in the center of the social and digital lives of many shoppers — and provide these consumers with constant connectivity. They have also created a new market standard, with consumers expecting that their needs to be met right away — whenever as...