News

Global Payments
Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection
March 27, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the tie-up between Mercari and Line for payments in Japan. Mobile payments are on the rise in Malaysia, bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and...

IPO
A Tale Of Two IPOs
March 27, 2019

Part of the breathless anticipation over initial public offerings (IPOs) ties into seeing how they will perform right out of the gate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
Tencent, Alibaba Team To Create $1.45B Car-Sharing Service
March 27, 2019

Another startup has appeared to challenge Didi in China, and this one has backing by some of the biggest financial names in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
First Three Digital Banking Licenses Awarded In Hong Kong
March 27, 2019

Hong Kong has issued its first digital banking licenses, in a move toward strengthening the city’s financial sector, 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...

Security & Fraud
US Regulators Set Sights On Swedbank As Offices Are Raided
March 27, 2019

Swedbank is the subject of an inquiry by U.S. regulators in the wake of money laundering scandals, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
AP Automation Co MineralTree Raises $50M
March 27, 2019

MineralTree, an accounts payable and payment automation company, announced Wednesday (March 27)  it closed a $50 million growth equity investment fundraising round. 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
FBI Nets $7M In Crypto, Cash, Gold From Darknet Drug Bust
March 27, 2019

The Federal Bureau of Investigation announced Tuesday (March 26) that its Joint Criminal Opioid and Darknet Enforcement (J-CODE) team made 61 arrests and shut down 50 darknet accounts used for illicit activity. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
FICO, Equifax To Sell Consumer Data To Banks
March 27, 2019

FICO and Equifax announced Wednesday (March 27) the launch of the Data Decisions Cloud, a data and analytics suite of products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Why Grayson Is Trying Fashion’s First-Ever DTC-Wholesale Hybrid
March 27, 2019

A good button-down shirt can be hard to find. A classic for well over a century among female shoppers, the versatile, desirable classic is always popular, so physically finding one usually isn’t the challenge; the problem for women looking for a button-down shirt is almost...