News

B2B Payments
Swedbank To Reveal External Money Laundering Investigation
March 19, 2019

Swedbank has revealed it will release the results of an external investigation looking into the bank’s involvement in a Baltic money laundering scandal on Friday (Mar. 22), according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

B2B Payments
How Tech-Enabled Inventory Management Improves Cash Flow
March 19, 2019

Inventory management can help cash flow, or prove to be a hindrance. 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 Today. By...

B2B Payments
China’s $9.1T Shadow Lending Sector On The Decline
March 19, 2019

China’s $9.1 trillion shadow banking industry is on the decline, which has led to a rise in private corporate defaults. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
GM’s Lyft Investment Could Balloon To $1.27B Post-IPO
March 19, 2019

As Lyft moves closer to its IPO, General Motors could see its stake in the company reach as high as $1.27 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fintech Investments
Grab Financial Gets In SME Lending, Insurance
March 19, 2019

Grab Financial Group, the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Social Commerce
Instagram Tests The Ability To Shop In-App
March 19, 2019

Instagram, the photo and video sharing social media platform operator, is rolling out a trial of a new shopping program in which users can shop and check out within the app. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
How Many Multibillion-Dollar Deals Does It Take To Change Payments?
March 19, 2019

Behind the billions of dollars — OK, make that tens and tens of billions of dollars — in deal-making that has marked the payments space in the just the first few weeks of 2019, lies, of course … strategy. Get the Full Story Complete the...

Partnerships / Acquisitions
Wirecard, Ingenico Buoyed By Worldpay Acquisition
March 18, 2019

Shares in Euro payments tech companies rose on Monday (March 18) after news of the Fidelity National Information Services (FIS) takeover of Worldpay, a London-based payment processing company, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Investors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal
March 18, 2019

An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its subsequent cover-up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...