News

Regulation
EU’s Vestager: Breaking Up Facebook Is ‘Very Last Resort’
May 17, 2019

EU Competition Commissioner Margrethe Vestager said breaking up social media giant Facebook would be a last resort, 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 — no...

News
Payday Lending, P2P And Innovation Topped The Week’s News
May 17, 2019

Were you able to keep up with all the news that happened this week? We at PYMNTS are here to make sure you didn’t miss anything. Both Visa and Mastercard made big moves, and Karen Webster took a withering look at the Loan Shark Prevention...

Retail
Details Revealed About New Walmart HQ In Arkansas
May 17, 2019

New details have emerged about Walmart’s planned new corporate campus in Bentonville, Ark., where the company is based, 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
Financial Software Firm OpenFin Raises $17M
May 17, 2019

In a Wells Fargo & Co.-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., Reuters reported. Get the...

Partnerships / Acquisitions
Amazon India Now Sells Airline Tickets
May 17, 2019

Amazon Pay in India, which already allows customers to do things like pay bills and borrow money, has added the ability to book airline tickets, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Minna Technologies Notches €5.6M In Series A Round
May 17, 2019

In a Zenith Group-led funding round joined by Visa as well as Swedbank, subscription management platform Minna Technologies has notched €5.6 million in a Series A round. The company started as an app that enabled people to manage subscription offerings like streaming services, telecoms and...

Partnerships / Acquisitions
JPMorgan Buys InstaMed For $500M
May 17, 2019

In a bid to expand its healthcare payments presence, JPMorgan said Friday (May 17) that it has entered a deal to acquire InstaMed, a payments technology company focused on the space. Though financial terms of the acquisition were not disclosed in the release announcing the...

Payment Methods
Policymakers Introduce Bills To Ban Cashless Stores In US
May 17, 2019

In moves that could put a stop to cashless stores, two legislators brought bills forth in Congress to make business accept cash payments. U.S. Representative David Cicilline (D-RI) introduced a bill dubbed the Cash Always Should Be Honored (CASH) Act and U.S. Representative Donald Payne...

Security & Fraud
Q2 Holdings Launches Q2 TrustView For Data Security
May 17, 2019

Q2 Holdings said on Wednesday (May 15) that it has launched Q2 TrustView, billed as technology for data governance and protection focused on banking and lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...