News

B2B Payments
CoverWallet CEO: Giving Independent Agents — And SMBs — A Digital Insurance On-Ramp
April 15, 2019

Insurance, especially for small businesses, is a very paper-intensive and friction-filled process. 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...

Banking
FI’s $52 Trillion Threat
April 15, 2019

Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means of managing their financial lives. Last week’s Capitol Hill hearing — and our own data on just where we will...

Payments Innovation
Is Uber Next Decade’s Trillion-Dollar Platform?
April 15, 2019

Uber filed its S-1 last Thursday (April 11), two weeks after Lyft went public. By close of business on Friday, Lyft’s stock was trading at $59.90 a share, 20 percent off its $75 high at the end of its first day of trading. Get the...

Security & Fraud
Microsoft Admits Breach Of Web-Based Email Accounts
April 14, 2019

Microsoft, the Redmond, Washington software giant, confirmed to reporters over the weekend that its web-based email services were hacked. According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers.  In...

Security & Fraud
UK Bank TSB Will Issue Refunds To Fraud Victims
April 14, 2019

U.K. bank TSB said it would refund its 5.2 million customers who were the victims of an online fraud scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
What’s Your Commerce Horoscope?
April 13, 2019

There are many mechanisms in the market designed to help match consumers to offerings that are suited to them. Better algorithms, visual search tools and concierge services are just a handful of the ways retailers young and old are attempting to ensure customers get the...

Investments
Payment Co. Nexi’s IPO Raises $2.3B
April 12, 2019

Digital payment company Nexi has raised $2.3 billion in its initial public offering (IPO), making it the largest European IPO this year so far, according to Bloomberg. It is also the third IPO for a payments-related company in less than a year. Get the Full...

Investments
Dashlane Raises $30M In New Funding
April 12, 2019

Dashlane, a password manager and identity management solution, announced it has raised $30 million in new funding, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Jumia Stock Debut Signals Appeal Of African eCommerce
April 12, 2019

It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 billion people, of whom at least 725 million have mobile devices. Get the Full Story...