Welcome to The Axis, your late look at payments news from around the world. Coverage includes the $2 million pre-series A raise for Singapore’s KOKU. In addition, Citi is rolling out biometric identification for institutional clients in Asia, and Chinese tourists can make payments through...
Big news is in the offing for Walmart, Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP). Customers in the program will...
The UnionPay card in China is accepted by more than 80 percent of merchants in the United States, but Chinese customers are increasingly moving toward QR code payment capability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Social media giant Facebook has admitted that it might have “unintentionally uploaded” the email contacts of 1.5 million new users since May of 2016, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising round, according to a report. The fresh capital values the company at $2.9 billion, which is an increase of $700...
Daimler’s car-sharing service car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon and Google announced Thursday (April 18) that the two are gearing up to launch an official YouTube app on Amazon Fire TV devices and Fire TV Edition smart TVs, as well as the Prime Video app for streaming to Chromecast and Chromecast built-in devices....
Wireless carrier T-Mobile is getting into the banking market, announcing Thursday (April 18) the launch of T-Mobile MONEY nationwide, a no-fee, interest-earning, mobile-first checking account that anyone can open and manage from their smartphone. Get the Full Story Complete the form to unlock this article...
The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
