News

Cross-border Payments
Faulty Venezuelan Payments System Creates Delays, Chaos
September 05, 2018

The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Messaging App LINE Eyes FinServ With $1.3B Fundraise
September 05, 2018

Japan’s LINE Corporation is raising around 148.1 billion yen ($1.33 billion) through convertible bonds so it can expand into the financial services (FinServ) business. LINE, the owner of Japan’s most popular messaging service, said on Tuesday (Sept. 4) that it will issue zero coupon convertible...

Payments Innovation
New Podcast: Rambus CTO On Securing Remote Commerce And Ditching The Friction
September 05, 2018

As Sam Cooke sang: “It’s been a long time comin’ … but I know a change is gonna come.” 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...

TRENDING: How mPOS Keeps Java Flowing
September 05, 2018

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 completing this form, you agree to receive marketing communications from PYMNTS and...

News
Five At Five: Amazon’s Online Ad Push Gains Steam
September 04, 2018

Welcome to Five at Five, your late look at today’s commerce and payments news. Today’s coverage includes the latest on Amazon’s ad efforts, along with a boost for the prospect of biometrics. Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity...

Cross-border Payments
Bank Of England’s Carney Signals He Will Stay On Past His Term
September 04, 2018

With the U.K. gearing up to leave the European Union, the country got a little bit of stability when Bank of England Governor Mark Carney signaled he would stay on as head of the Central Bank longer than planned. Get the Full Story Complete the...

Global Payments
WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
September 04, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s launch of digital money transfers within Africa. In addition, Philippine Veterans Bank will work with Fiserv to help with digital transformation, and Paytm Canada has updated its app to help...

Retail
American Eagle’s Evolving Path Forward
September 04, 2018

According to the old aphorism, a rising tide lifts all boats. Depending on context, that old chestnut of wisdom can be quite controversial, as is the kind of big-picture thinking it encourages. But, in the narrow context of Q2 and the retail world, it is pretty hard...

Retail
Retailers Can Tap Into Mobile Stores With Self-Driving Cars
September 04, 2018

Click-and-collect and delivery aren’t the only options for grocers to provide eCommerce ease to their customers: They can also let customers shop through mobile stores in front of their homes. And, with the help of self-driving technology, these vehicles can reach consumers without the need...