News

Artificial Intelligence
AI Enters The FI Fast Lane
April 09, 2019

It’s hard to find fault with one of the latest tests of artificial intelligence (AI). 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...

Retail
Can Visual Search Help Retailers Find New Sales?
April 09, 2019

Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater — the one with, in his words, “little teddy bears all over it.” He tried in vain to search via text for that product, a wedding anniversary gift for...

Investments
Facebook Co-Founder’s VC Firm B Capital Raises $406M
April 08, 2019

Facebook Co-founder Eduardo Saverin has closed out $406 million for B Capital, his venture capital fund, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Startup Riskified Wants $200M To Fight eCommerce Fraud
April 08, 2019

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Global IT Spending To Hit $4T In 2019
April 08, 2019

Worldwide spending on information technology is expected to reach about $4 trillion in 2019, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Software Co RiskLens Raises $20M To Mitigate Cyber Risk For Businesses
April 08, 2019

RiskLens, a cyber risk management software company, has raised $20.55 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 additional logins...

Partnerships / Acquisitions
DOJ Asks First Data, Fiserv For Additional Docs
April 08, 2019

The Department of Justice has requested more information from First Data and Fiserv ahead of the pending merger of the two payment giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Will Chuck E. Cheese IPO Bring The Cheddar?
April 08, 2019

The news came Monday (April 8) that Chuck E. Cheese – the family-focused entertainment and restaurant combinations that have housed many a birthday party and likely drained many a parental pocketbook – is going public. Get the Full Story Complete the form to unlock this...

Global Payments
Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License
April 08, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mexico‘s Banco BASE selecting Volante Technologies Inc. for international and domestic payments. Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic...