News

Banking
UK Bank NatWest Introduces Biometric Payments
April 17, 2019

U.K. bank NatWest has announced a biometric payment technology for its commercial and business customers. 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,...

Partnerships / Acquisitions
Neiman Marcus Expands Into Resale With Stake In Fashionphile
April 17, 2019

In an attempt to capitalize on a growing trend in retail involving the buying and selling of secondhand clothing and accessories, Neiman Marcus has acquired a minority stake in Fashionphile, an online company that sells pre-owned designer handbags and other similar products, according to a...

Global Payments
OTT Pay Teams With Canada’s Wonderland; Citcon Raises $5M In Series B Funding
April 17, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes OTT Pay’s tie-up with Canada‘s Wonderland to offer new mobile payment options. Citcon reportedly notched $5 million in Series B funding, Credit Suisse customers in Switzerland will be able to make...

Investments
P2P Chinese Lender Dianrong Seeks $100M Amid Regulations
April 17, 2019

Chinese peer-to-peer (P2P) lender Dianrong wants to raise $100 million in an attempt to outlast a regulatory squeeze on the industry in the country, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Uber Eats Now Supports Apple Pay
April 17, 2019

Uber announced on Wednesday (April 17) that it is adding Apple Pay to its popular Uber Eats app, according to reports. Customers who want to use the payment option can now either do so using the Face ID or Touch ID option inside the Uber...

Payments Innovation
How FinTechs Tackle Real-Time Payments With Automation
April 17, 2019

Corporations today receive payments through a variety of methods: They might take in funds through checks, traditional automated clearing house (ACH) or wire transfers. Some corporates may accept cash, credit cards or web payments. In other words, corporates have a mix of payments coming in...

Investments
Lyric Raises $160M In Funding Led By Airbnb
April 17, 2019

Lyric, a startup that designs, installs and operates flexible accommodations for travelers, raised $160 million in venture funding. 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...

Investments
Returnly Raises $19M To Help Retailers Handle Returns
April 17, 2019

Returnly, the post-purchase payments company, announced on Tuesday (April 17) that it has raised $19 million in venture funding. 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...

Investments
STORD Raises $12.3M To Create New Distribution Model
April 17, 2019

STORD, the on-demand warehousing startup, announced Tuesday (April 17) it raised $12.3 million in venture funding. 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...