News

Mobile Payments
Gas Payment Solution PayByCar Launches In Massachusetts
April 30, 2019

A first-in-the-nation payment solution that allows drivers to purchase gas from their cars without taking out cash, a credit card or a mobile app has launched in Westborough, MA. Those with E-ZPass can register for PayByCar to easily pay for their gas at the Route 9 Alltown...

IPO
WeWork Files For Confidential IPO
April 29, 2019

The We Company, formally known as WeWork, has confidentially filed for an IPO, the company announced on Monday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
Airbnb To Take Over 10 Floors Of Rockefeller Plaza
April 29, 2019

In a move to diversify its business ahead of an initial public offering (IPO), Airbnb is taking over 10 floors of the iconic 75 Rockefeller Plaza. Bloomberg is reporting that the company has plans to convert the spaces into 200 overnight apartments. Get the Full...

Retail
Avengers Movie Redefines Movie Theater Economics
April 29, 2019

It can never be said that Disney didn’t have big goals for the “Avengers,” or that it is even at all surprising that they did. Prior to the release of “Avengers: Endgame,” the house a mouse built was batting 21-0 on astronomically successful superhero movies....

Investments
Ayala To Launch Fund Focused On FinTech, eCommerce, Healthcare
April 29, 2019

Ayala, the Philippines-based conglomerate, is raising money for a new capital fund that will invest in technology companies. 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...

Banking
FIS, Fiserv, Infosys Battle For Tech Deal With Robinhood
April 29, 2019

FIS, Fiserv or Infosys will be tapped to provide the processing software for Robinhood’s upcoming mobile bank if it receives approval from the Office of the Comptroller of the Currency. Last week Robinhood, the company behind the free mobile trading app, filed an application to...

Regulation
Mastercard, Visa Cut Tourist Interchange In Response To EC Pressure
April 29, 2019

The European Commission announced Monday (April 29) that commitments made by Mastercard and Visa to reduce interchange fees are legally binding under European Union antitrust rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Spotify Reaches 100M Paid Users
April 29, 2019

Amid launches in Middle East, India and North Africa in recent times, Spotify Technology SA reached a milestone 100 million paid subscribers for the music streaming company’s premium offering. The news sent the company’s shares rising 5 percent, Reuters reported. Get the Full Story Complete the...

Retail
Bringing The Magic Of Makeup To Men, Subtly
April 29, 2019

There is a famous story in political history about the Kennedy/Nixon debate of 1960 wherein makeup may have well changed the course of world history. For the first debate to be nationally televised, John F. Kennedy willingly put on makeup to be on camera. Richard...