News

Investments
Naspers Invests $300M In South Africa Startups
October 30, 2018

Naspers has announced that it has created an R1.4bn ($300 million) startup fund to boost the technology sector in South Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Why Context Makes Virtual Assistants Smart Digital Bankers
October 30, 2018

AI and ML-powered services can help fight banking fraud. However, to layer the tech into viable solutions to assist customers with banking, robo-advisors need to truly become “smart,” intuitive — and conversational. In a new podcast, Brighterion CEO Akli Adjaoute tells Karen Webster that “smart...

News
Five At Five: Do Banks Really Appreciate SMBs?
October 29, 2018

Welcome to Five at Five, your daily look at the payments and commerce news of the day. Today’s coverage includes new data that speaks to SMB frustrations with financial institutions, along with a new and high-profile tech test store for retail. U.K. officials want to...

Cross-border Payments
India-Japan Currency Swap Designed To Stabilize Rupee
October 29, 2018

Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

South East Asia
Grab Notches $200M Investment From Booking Holdings
October 29, 2018

Southeast Asia’s Grab has taken in a $200 million investment from U.S.-based Booking Holdings amid a strategic partnership. With the tie-up, users of Booking Holdings’ apps will be able to call for Grab vehicles, while users of Grab’s app will able to book travel services, Reuters...

Investments
Berkshire Hathaway Has Been Investing In FinTech This Year
October 29, 2018

Berkshire Hathaway, the Warren Buffett investment company, has been getting in on the FinTech market, investing hundreds of millions of dollars during the past few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Apps Give ‘Voice’ To Multi-Step Restaurant Orders
October 29, 2018

Before Peter Peng created the voice-ordering Jetson app, he looked to a voice assistant to help him with a simple request: he was brushing his teeth, and he realized that he needed toothpaste. Peng asked his voice assistant to help find a toothpaste that would...

Retail
easyJet’s New Instagram Booking Takes Off
October 29, 2018

Social media is a terrific breeding ground for travel envy — there is no faster way to find yourself wishing you were in a more exotic, warmer and more pleasant climate than to view someone else’s social media images of already being there. Get the...

Retail
How Target And Walmart Are Taking On Amazon Prime For The Holidays
October 29, 2018

When it comes to two-day shipping, Amazon is king: The eCommerce retailer’s Prime service offers free two-day shipping on eligible orders to its more than 100 million members. And the company says it is ready to take on the holidays, with more than 100 million...