News

Security & Fraud
EU Probe: Danske Ignored Russia’s Money Laundering Warnings
April 30, 2019

Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Ridesharing
Uber Adds Public Transport To Its London App
April 30, 2019

Uber has added real-time info on London’s underground to its app, as well as other forms of public transportation, including bus, overground, river boat, shuttle and train information, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Payments Software Co. Masabi Raises $20M
April 30, 2019

Masabi, a mobile ticketing and transportation payment company based in the U.K., has raised $20 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...

Partnerships / Acquisitions
UK Gives Green Light To PayPal/iZettle Deal
April 30, 2019

PayPal’s acquisition of iZettle is getting closer to completion after U.K.’s competition regulator dropped its opposition to the $2.2 billion deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Visa Powers Virtual Payments For Sabre
April 30, 2019

Global travel industry technology provider Sabre announced a partnership with Visa, the payments company, to support business-to-business virtual payments in the travel industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Retailers Are Getting Smarter About Artificial Intelligence
April 30, 2019

As artificial intelligence (AI) moves from theory to reality – a slow and uneven effort, but a real trend – retailers are starting to experiment with the technology. The work to craft AI-powered commerce tools comes as the technology is making initial inroads into financial...

Retail
How Digital Disruptors Are Taking On The QSR Drive-Thru
April 30, 2019

Some digital innovators reinvent old processes to make them more efficient. Daniel McCann, who started restaurant customer engagement platform 5thru, for instance, turned his focus to the long wait at the drive-thru. Consumers might want to get a morning cup of coffee, but face a...

Retail
Ford Teams With Amazon For In-Car Delivery
April 30, 2019

Following in the footsteps of Volvo Cars and General Motors Co., Ford Motor Co. is teaming up with Amazon to allow for packages to be delivered to millions of vehicles. The offering will be available on some recent Ford and Lincoln models, Bloomberg reported. Get the...

Retail
Chewy.com Gears Up For IPO
April 30, 2019

Following its acquisition by PetSmart approximately two years ago, Chewy.com filed papers to gear up for an initial public offering (IPO). The eCommerce pet supply merchant took in sales for fiscal 2018 of $3.5 billion, which marked an increase from 2017 at $2.1 billion, CNBC reported....